Hainan Mining: Intends to acquire 69.90% equity of Fengrui Fluorine Industry, stock trading is normal.

Hainan Mining announced that the company plans to purchase 69.90% equity of Ferui Fluoride held by Wang Zhongxi and others for 150 million yuan through the issuance of shares and payment of cash, and raise supporting funds. The company's stock will be suspended from January 29, 2026. In the 20 trading days before the suspension, its stock price has increased by 2.19%, while the Shanghai Composite Index increased by 4.69% and the CITIC Iron Ore Index increased by 13.14%. Excluding market and industry factors, the cumulative increase or decrease in the company's stock price did not exceed 20%, did not meet the criteria for a major asset restructuring, and there were no abnormal fluctuations in trading.