China Nonferrous Metal Industry's Foreign Engineering and Construction (000758.SZ) controlling shareholder plans to increase its shareholding by 100 million to 200 million yuan and obtain a special loan of up to 180 million yuan for the purpose of increasing its shareholding.
29/12/2024
GMT Eight
China Nonferrous Metal Industry's Foreign Engineering and Construction (000758.SZ) announced that its controlling shareholder, CHINFMINING Group Co., Ltd. (referred to as "China Nonferrous Group"), plans to increase its shareholding in the company through centralized bidding trading on the Shenzhen Stock Exchange within 6 months from the date of this announcement. The total amount of the increase will not be less than 100 million yuan, not more than 200 million yuan, and not exceed 2% of the company's total share capital.
The Agricultural Bank of China Co., Ltd. Beijing Branch issued a Loan Commitment Letter to China Nonferrous Group, agreeing to provide special loan support for the increase in the company's shares. The maximum loan amount is not more than 180 million yuan, and the commitment letter is valid for one year from the date of issuance. In addition to the above-mentioned loan, the remaining funds for this A-share increase are from China Nonferrous Group's own funds.