ChaoWei Power Group has established a new mining company in Xinjiang, named Xinjiang ChaoWei Mining Co., Ltd., with a registered capital of 50 million RMB. The company's business scope includes the smelting of common non-ferrous metals, sales of non-ferrous metal alloys, and the mining of non-coal mineral resources. This new entity is wholly owned by ChaoWei Power Group. AI
RANK_REASON The item reports on the establishment of a new subsidiary for a power group, which is a business operation rather than a core AI development or release.
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