Hainan Mining: Intends to purchase controlling stake in Luoyang Fengrui Fluoride Industry Co., Ltd. and raise matching funds. Stock trading suspended.

Hainan Mining Announcement: The company is planning to acquire the controlling rights of Luoyang Fengrui Fluoride Industry Co., Ltd. by issuing shares and paying cash, and raising matching funds. This transaction is still in the planning stage, the valuation of the target company has not been finally determined, and the transaction amount, the proportion of shares to be issued, and the cash payment have not been determined. Therefore, it is not yet determined whether this transaction constitutes a major asset restructuring or related party transaction. The company's stock has been suspended from trading since January 29, 2026, and the suspension period is expected to be no more than 10 trading days.