HUAIBEI GD CO(02450): Restructuring at the controlling shareholder level.
Huibei Green Gold Corporation (02450) announces that the company has been informed that: (i) Huibei Hongjian Construction Engineering Co., Ltd. has been renamed as Huibei Xinghuai Holdings Co., Ltd. (Xinghuai Holdings) and has been transferred to the Huibei State-owned Assets Supervision and Administration Commission. As of the date of this announcement, Xinghuai Holdings is wholly owned by Huibei State-owned Assets Supervision and Administration Commission; and (ii) Xinghuai Mining was established on November 25, 2025. As of the date of this announcement, Xinghuai Mining is wholly owned by Xinghuai Holdings, which is wholly owned by Huibei State-owned Assets Supervision and Administration Commission.
HUAIBEI GD CO (02450) has announced that: (i) Huabei Hongjian Construction Engineering Co., Ltd. has been renamed as Huabei Xinghuai Holdings Co., Ltd. (Xinghuai Holdings) and has been transferred to the State-owned Assets Supervision and Administration Commission of Huaibei City. As of the date of this announcement, Xinghuai Holdings is wholly owned by the State-owned Assets Supervision and Administration Commission of Huaibei City; and (ii) Xinghuai Mining was established on November 25, 2025. As of the date of this announcement, Xinghuai Mining is wholly owned by Xinghuai Holdings, which is in turn wholly owned by the State-owned Assets Supervision and Administration Commission of Huaibei City.
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