Huayu Mining: Plan to acquire 11% stake in Asia-Pacific Mining for 300 million yuan.

Huayu Mining announced that Tibet Huayu Mining plans to adjust and compensate the valuation of 40% equity of Asia-Pacific Mining, with an amount of 509 million yuan, and intends to acquire 11% equity of Asia-Pacific Mining held by Guangxi Dierun for 300 million yuan to achieve control. After the completion of this transaction, Asia-Pacific Mining will become a controlling subsidiary of the company with a 51% stake, and will be included in the company's consolidated financial statements. It is estimated that it will have a certain impact on the company's operating performance in the financial year 2025.