Shenzhen Zhongjin Lingnan Nonfemet (000060.SZ) acquires the minority shareholder equity in its holding subsidiary.

Shenzhen Zhongjin Lingnan Nonfemet (000060.SZ) announced that, in order to fulfill the bankruptcy reorganization plan and related agreements of 20 companies including Dongying Fangyuan Nonferrous Metals Co., Ltd., and to further improve the management decision-making efficiency of Zhongjin Copper Industry and Zhongjin Rongsheng, the company has acquired 6.7784% equity of Zhongjin Copper Industry and 10.3333% equity of Zhongjin Rongsheng held by minority shareholders in cash. After the completion of the transaction, the company will hold 100% equity of Zhongjin Copper Industry through its subsidiaries. On September 28, 2025, the company signed the "Equity Transfer Agreement of Shenzhen Zhongjin Lingnan Nonfemet Rongsheng (Dongying) Investment Co., Ltd." and "Equity Transfer Agreement of Shandong Shenzhen Zhongjin Lingnan Nonfemet Copper Industry Co., Ltd." with CHINA CINDA. CHINA CINDA transferred 4.2095% equity of Zhongjin Copper Industry for a consideration of 242 million yuan; CHINA CINDA transferred 10.3333% equity of Zhongjin Rongsheng for a consideration of 365 million yuan. On November 20, 2025, the company signed the "Equity Transfer Agreement of Shandong Shenzhen Zhongjin Lingnan Nonfemet Copper Industry Co., Ltd." with CHINA CINDA. CHINA CINDA transferred 2.5689% equity of Zhongjin Copper Industry for a consideration of 135 million yuan.