Tibet Huayu Mining Faces Control Change as Shareholder Sells 11% Stake to Henan Wanyang Qixin

Published: Apr 13, 2026 17:12

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On April 11, Tibet Huayu Mining Co., Ltd. issued a disclosure announcement regarding the signing of a "Share Transfer Agreement" and a "Concert Party Agreement" by its controlling shareholder, as well as the proposed change of control. According to the announcement, the equity change involved Henan Wanyang Qixin Management Co., Ltd. acquiring 90,196,117 shares of Tibet Huayu Mining Co., Ltd. held by Tibet Daoheng Investment Co., Ltd. through a negotiated transfer, accounting for 11.00% of the publicly listed firm's total share capital. In 2024, Tibet Huayu's production of zinc concentrates was 19,600 mt in metal content, lead-antimony concentrates (silver-bearing) 16,500 mt in metal content, gold concentrates 1.87 mt, and antimony concentrates 1,500 mt in metal content.

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