Inner Mongolia Xingye Silver & Tin Mining (000426.SZ) signed a strategic cooperation framework agreement with Yunnan Tin Co., Ltd. (000960.SZ).

date
21/01/2025
avatar
GMT Eight
Inner Mongolia Xingye Silver&Tin Mining (000426.SZ) announced the signing of a "Strategic Cooperation Framework Agreement" with Yunnan Tin Co., Ltd. on January 21, 2025, aiming to achieve complementarity, strong cooperation, and mutual enhancement of both parties' resource reserves, technological strength, and market position. This cooperation focuses on the advantageous mineral resources of both parties, establishing strategic partnership in exploration, mining, smelting, and investment fields to achieve complementarity and mutual enhancement of resource reserves, technological strength, and market position, further enhancing the market competitiveness and industry competitiveness of both parties. Furthermore, both parties will fully leverage their respective advantages in resource reserves, technology, talents, funds, brands, and experience to explore, promote, and deepen business cooperation at all levels, enhancing the management level and resource development efficiency of both parties. They will strengthen information sharing in mineral resource exploration and development, market trends, mining policies, research results, equipment technology, both domestically and internationally, actively exploring cooperation through joint ventures, mergers and acquisitions to achieve synergistic development in acquiring and developing high-quality non-ferrous metal ore projects domestically and internationally. The signing of this "Agreement" lays the foundation for both parties to further sign specific cooperation agreements, contributing to multi-faceted cooperation in resources, technology, and other aspects in the future development process, promoting complementarity, mutual enhancement of resource reserves, technological strength, and market position for both parties, positively impacting the enhancement of market competitiveness and industry competitiveness, while jointly promoting the sustainable and healthy development of the domestic tin industry.

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