Chuanfa dragon python makes full use of upstream phosphate rock resources! On the evening of January 14, Chuanfa Dragon Python (002312) announced that the company intends to issue shares to Chuanfa Mining and Sichuan Salt Industry to buy 80 per cent and 20 per cent of Tianrui Mining respectively. Taking June 30, 2021 as the evaluation benchmark, the 100% equity stake in Tianrui Mining is valued at 956 million yuan. After friendly negotiation between the parties to the transaction, the consideration for the 100% equity stake in Tianrui Mining is determined to be 956 million yuan.