July 18 – Shandong Luyang Share’s (002088) wholly controlled subsidiary, Luyang Energy Saving Material Limited will invest 4.39 billion yuan on recycle economy industrial park in Jinshan Economic Zone, Inner Mongolia, reports yicai.com, citing a company filing.

The industrial park occupies land area of 1.33 million square meters and will have projects related to coal refuse deep process industrial chain.

The firm plans to use abundant resources in Inner Mongolia to speed up the use of coal refuse.