BaotouShowaRareEarthHigh-TechNewMaterialtobedissolvedandliquidatedChinaNorthernRareEarth(Group)HighTechCo.,Ltdannouncedon31JulythatithaddecidedtodissolveBaotouShowaRareEarthHigh-TechNewMaterialCo.,Ltd.(BSRE),upontheconsensusontheissuebythreeshareholdersofBSREandaftertheresolutionattheboardingmeetingofthecompany.Reasonsfordissolution:BSREhadbeeninthesituationofproductionsuspensionsince2012andthecompanysufferedseverelossesin2013and2014.