Hunan Corun Pays 502.4 Mln Yen for Panasonic Battery Plant in Japan
Stock Chart for Hunan Corun New Energy Co Ltd (600478)
Hunan Corun New Energy Co. paid 502.4 million yen ($6.1 million) for a nickel-hydride battery plant in Kanagawa Prefecture, south of Tokyo, from Panasonic Corp.
The transaction still awaits approval from China’s commerce ministry, Hunan Corun said in a statement to the Shanghai stock exchange.
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