Shengda Metal to Acquire 20% Stake in Deyun Mining, Increasing Ownership to 74%

Published: May 26, 2026 15:03

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On May 26, Shengda Metal Resources Co., Ltd. planned to acquire the 20% equity in Aruhorqin Banner Deyun Mining Co., Ltd. held by Zhao Shuquan, and simultaneously assume Zhao Shuquan's creditor's rights of 31,147,773.33 yuan against Deyun Mining. Upon completion of this transaction, the company's equity in Deyun Mining would increase from 54% to 74%. The core assets of Deyun Mining are the mining rights for the silver polymetallic mine in the Bayanbaolege mining area in Aruhorqin Banner, Inner Mongolia Autonomous Region, and the exploration rights for the lead-zinc polymetallic ore in the Bayanbaolege area in Aruhorqin Banner, Inner Mongolia Autonomous Region.

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