North ore magnets (600980) late on September 9 announcement said, because the company the cpmpany production base of process equipment, production of the historical reasons of high operating costs, and the company strategic planning, the implementation of the production base of integrated measures such as, fuyang production base issue has reached expected capacity, and complete the fuyang 100% control, fuyang phase ii has been smoothly started construction, in order to reduce operating costs, improve market competitiveness, approved by the 5th at its 13th meeting, the board of directors of the closure of the cpmpany production base of the bill.

Production base in 2013, the cpmpany product sales revenue accounted for about 20% of the company's all the sales revenue; As of December 31, 2013, the cpmpany production base to the net book value of fixed assets of 40.45 million yuan.

Company a preliminary prediction of the cpmpany ? production