Treasure Mine: Issuance of shares for the purchase of assets and fundraising approved by the China Securities Regulatory Commission.

date
26/12/2025
Treasure Mining announced that the company plans to issue shares and pay cash to purchase 87% of the equity of Congling Energy and raise matching funds. On December 26, 2025, the company received approval from the China Securities Regulatory Commission to issue 116,528,117 shares to Kezhou Congling Industrial Co., Ltd. to purchase related assets, and agreed to issue shares to raise matching funds of no more than 560 million yuan. The approval is valid for 12 months from the date of issue, and the board of directors of the company will handle the relevant matters of this transaction within the prescribed period and disclose the information in a timely manner.