Hunan Zhongke Electric Co Ltd SZSE:300035:
SAYS IT PLANS TO INVEST AROUND 7 BILLION YUAN ($994.01 million) TO CONSTRUCT LITHIUM-ION BATTERY ANODE MATERIAL PRODUCTION PROJECT IN SICHUAN
SAYS IT PLANS TO BUY BACK 75% STAKE IN UNIT FOR EXPECTED UP TO 1.2 BILLION YUAN
($1 = 7.0422 Chinese yuan renminbi)