Zijin Mining Group (02899) is currently in discussions with Zangge Mining's largest shareholder and its concerted action person, as well as the second-largest shareholder, regarding the potential acquisition of Zangge Mining's shares.
10/01/2025
GMT Eight
Zijin Mining Group (02899) has issued a notice, informing its shareholders and potential investors that the company is in discussions with the largest shareholder of Zangge Mining, Tibet Cangge Entrepreneurship Investment Group Co., Ltd. (Cangge Chuangtou) and its concerted action person, as well as the second largest shareholder Ningbo Meishan Bonded Port Area Xinsha Hongyun Investment Management Co., Ltd. (Xinsha Hongyun Investment), regarding the potential acquisition of Zangge Mining shares (potential acquisition). The potential acquisition may involve a change in control of Zangge Mining.
The company reminds that the acquisition is still pending approval of the company's board of directors and the formal signing of the acquisition agreement.