Zijin Mining: Tibet Zijin has completed 50.1% equity acquisition of Julong Copper.

Published: Jul 10, 2020 07:14

Source: Zijin Mining Industry

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Zijin Mining (02899) issued an announcement, the company will, through its wholly-owned subsidiary Tibet Zijin Industrial Co., Ltd. (Tibet Zijin), acquire Tibet Zang GE Venture Capital Group Co., Ltd., Tibet Zang GE holding Co., Ltd., Tibet Zhongsheng Mining Co., Ltd., Shenzhen Chen Fang Asset Management Co., Ltd., Xizang Baihong Industrial Co., Ltd. a total of 50.1% of the shares held by Tibet Julong Copper Co., Ltd. (Julong Copper).

SMM News: Zijin Mining (02899) issued an announcement, Through the wholly-owned subsidiary Tibet Zijin Industrial Co., Ltd. (Tibet Zijin), the company will acquire Tibet Zang GE Venture Capital Group Co., Ltd., Tibet Zang GE Holdings Co., Ltd., Tibet Zhongsheng Mining Co., Ltd., Shenzhen Chen Fang Asset Management Co., Ltd., Tibet Zang Baihong Industrial Co., Ltd. a total of 50.1% of the shares held by Tibet Julong Copper Co., Ltd. (Julong Copper).

As of the date of disclosure of this announcement, Tibet Zijin has completed the acquisition of 50.1% of the shares of Julong Copper, and the registration procedures for industrial and commercial changes have been completed.

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Zijin Mining acquisition

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