Yunnan Copper Industry: Plans to issue shares to acquire 40% ownership in Liangshan Mining Company.

date
02/12/2025
Yunnan Copper Industry announced that the company plans to issue shares to purchase 40% of the shares of Liangshan Mining held by Yunnan Copper Industry, and to issue shares to China Aluminum Group and China Copper Group to raise matching funds. The M&A and Restructuring Review Committee of the Shenzhen Stock Exchange plans to review this transaction in the near future, with the specific meeting time to be determined. This transaction still needs to pass the review of the Shenzhen Stock Exchange and obtain approval from the China Securities Regulatory Commission before it can be implemented. The final result and timing are uncertain.