LFX plans to invest in the establishment of a gold refining subsidiary to expand the company's gold business
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LFX plans to invest in the establishment of a gold refining subsidiary to expand its gold business. According to the latest management measures, the company will apply to become a recognized refining enterprise by the Shanghai Gold Exchange, engaging in old gold recycling and refining business. LFX will jointly invest with CuiLv Co., Ltd. and Shanghai XinPai to build a modern refining plant that produces gold bars meeting certification standards, and gradually expand into other precious metal fields, promoting breakthroughs in new materials and new processes, and enhancing the autonomy and controllability of the supply chain
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