Guizhou Zunyi Industrial Development Co., Ltd., a subsidiary of State Power Investment Corporation(SPIC), signed an agreement on Nov. 5 with Wuchuan New Industrial Investment and Development Co., Ltd. and Guizhou Provincial Bureau of Geological Exploration to issue additional shares to increase capital.
Established in 2007, Guizhou Zunyi Industrial Development Co., Ltd. is dedicated to developing the bauxite resources in Zunyi city area with two large projects under construction, a 2-million-ton per year capacity bauxite mining project and an alumina refinery project with a capacity of 1 million tons per year.

Source: http://www.jdzj.com/news/37005.html

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