Baowu and Qingshan’s purchase price of high carbon ferrochrome in March

Net profit after tax attributable to owners of the Company for the year ended 31 December 2020 (“FY2020”) of A$5.4 million as compared to A$56.6 million for the year ended 31 December 2019 (“FY2019”).

The 2105 ferrosilicon contract price on ZCE closed at 7,920 yuan per ton on March 1.

It remains to be seen to what extent the Huawei ban will affect their investment.

"China is probably the only major economy to have grown in 2020, and it will be at the heart of international recovery this year," Bevan said.

Zhang received a combined subsidy of nearly 3,000 yuan (about $465) from Hefei city and the company for not leaving during the holiday.

Tianjin Zhenhong International Logistics Co. Ltd

It is understood that Guangxi Zizhi New Material Technology Co., Ltd. has an annual output of 60000 tons of high carbon ferrochrome production project.