Tongguan Gold (00340) completes acquisition of 100% equity of Rongchang Investment Limited company.
Tongguan Gold (00340) issued an announcement regarding the acquisition of 100% equity of Rongchang Investment Limited.
TONGGUAN GOLD (00340) announced the acquisition of 100% equity of Rongchang Investment Limited. All preconditions under the purchase agreement have been met and the transaction was finalized on November 7, 2025. The consideration shares have been issued in accordance with the terms and conditions of the purchase agreement.
Following the completion, the target company has become a wholly-owned subsidiary of the company, and the financial information of the target group will be consolidated into the company's financial statements.
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