B · Normal
[Hualian Holdings: Canadian FIRES intends to conduct further review of the investment in the Arizaro Lithium Salt Lake Project] On September 29th, Hualian Holdings (000036.SZ) announced that the company announced on August 14 that it had received a "Notification Letter" issued by Canada's Foreign Investment Review and Economic Security Authority ("FIRES"). It believed that the company's investment in the Arizaro Lithium Salt Lake Project may affect Canada's national security, so further review may be initiated within 45 days from the date of the "Notification Letter". On September 29, the company received a notice from FIRES in accordance with Article 25.3 of the Canadian Investment Act, informing it of its intention to conduct further review of this transaction. The company and the seller are continuing to communicate with FIRES and are considering possible options or remedies.
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