Guofeng Plastic to Spin off Non-Metal Business

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Anhui Guofeng Plastic Industry Co.,Ltd.(Guofeng Plastic,SZ:000859) announced on September 19th to invite public bid for the 100% equity held in Anhui Guofeng Non-Metal Hi-Tech Material Company Limited.One year ago Guofeng Plastic planned to sell its 80% stake in this subsidiary.The 100% equity in the non-metal com-pany was evaluated at RMB96.21 million as Anhui Guofeng Plastic Industry Co., Ltd. (Guofeng Plastic, SZ: 000859) announced on September 19th to invite public bid for the 100% equity held in Anhui Guofeng Non-Metal Hi-Tech Material Company Limited. One year ago Guofeng Plastic planned to sell its 80% stake in this subsidiary. The 100% equity in the non-metal com-pany was evaluated at RMB96.21 million as
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