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| page->Mineral Exploitation |
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| Poly Group Approved a new Core Business of Mineral Resources Investment and Exploitation |
| 2009-10-26 15:41:37 |
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| May 2008, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) issued a circular about the adjustment of the main industry of 3 state-owned enterprises. On top of the traditional pillar business of Defence Equipment trading, real estate development and operation including property management and intermediary services, and culture and arts business, Poly Group has acquired a new core business of mineral resources investment and exploitation. The SASAC requires that the enterprises shall accordingly further enhance the strategic management, highlight the pillar industries, optimize the allocation of resources, and strictly limit the investment on non-core business so as to enhance the core competitiveness of the enterprise. |
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