Guangxi China Tin Mines Co., Ltd. Listed the First Batch of Antimony Ingots for Sale in 2025 Today [Reported by SMM]

SMM News on May 28: According to SMM, Guangxi Huaxi Mining Co., Ltd. has commenced the public listing and sale of its first batch of antimony ingots for 2025 today. It is understood that this batch of antimony ingots is of the 2# high-bismuth antimony ingot type, with the brand trademark Jinhai (JH) and a grade level of Sb99.65. The listing price is 6,435,000 yuan, with a transaction deposit of 200,000 yuan and a bidding increment of 3,000 yuan per bid. The free bidding period is from 09:00:00 on May 26, 2025, to 10:00:00 on May 29, 2025. For inquiries about the subject matter: Manager Qiu, 0771-5808802. For registration inquiries: Manager Qin, 0771-5730859.

According to current official information, the payment method for the transaction price is a one-time payment. After conducting thorough investigations and assessments of the subject matter's condition and transaction risks, the intended transferee shall submit a transfer application to the exchange in accordance with the announcement's requirements and pay the deposit to the exchange's designated bank account for registration. Once the intended transferee submits the registration materials and pays the deposit, it indicates that they have fully understood and acknowledged all the content in the announcement; they have fully understood and acknowledged the condition of the subject matter and related agreements, voluntarily accept all the current conditions and flaws of the subject matter, and are willing to assume all responsibilities and risks. After being confirmed as eligible for transfer, they shall not refuse to fulfill relevant transfer obligations on the grounds of not understanding the condition of the subject matter, flaws in the subject matter, clearance and transportation conditions, etc. Otherwise, it will be deemed as a breach of contract, and the exchange and the seller will dispose of the deposit in accordance with the agreement.

At the time of transaction signing, the intended transferee who successfully closes the deal must, within 3 working days from the date of the bidding's conclusion, bring the paper copies of the materials uploaded during registration (as detailed in the "Member Registration and Registration Procedures" section of this announcement) to the signing location to handle the transaction signing procedures: sign the "Transaction Confirmation Letter" with the exchange and, within 5 working days from the date of signing the "Transaction Confirmation Letter," sign the "Sales Contract" with the seller. Signing location: Dachang Town, Hechi City, Guangxi Province.

Regarding the transaction price, the transferee shall make a full one-time payment in currency of the transaction price calculated based on the transaction price (hereinafter collectively referred to as the "transaction price") to the exchange's designated bank account within 5 working days from the date of signing the "Sales Contract." The exchange shall transfer the transaction price to the seller within 3 working days from the date of receiving the letter of carry-over of the transaction price signed by both parties. (Note: Please follow the prompts in the system-automatically pushed text message to pay the transaction price into the special account for the transaction price; otherwise, it will be deemed as an invalid amount.)

Regarding transaction taxes and fees, the sales transaction price in this sale is tax-inclusive. The taxes and fees involved in the transaction process shall be borne by the taxpayer in accordance with national laws and regulations, with the specific tax and fee amounts subject to the provisions of the national tax authorities. Other costs and expenses incurred from handling the sale shall be borne by the transferee.

In terms of the delivery of the subject matter, the subject matter shall be delivered and handed over as-is, and the transaction price will not be adjusted due to differences in the actual quantity delivered. The transaction price is the ex-warehouse delivery price at the seller's storage facility, excluding packaging, transportation, and other costs. The transferee shall complete the asset delivery and sign the delivery note with the seller within 5 working days after the full payment of the transaction price is made to the bank account designated by the exchange.

The bidding registration period is from 17:00 on May 26, 2025, to 17:00 on May 28, 2025. In terms of the registration procedures, the registration process is as follows: member registration and application—application qualification review—payment of deposit—participation in bidding. (1) Member registration and application. Prospective transferees are required to log in to the exchange's website (http://www.bbwcq.com/) before 17:00 on the registration deadline, click the "Registration" button corresponding to this project to enter the login interface for member registration and application, and upload the registration materials. Before registration, they should carefully read the "Bidders' Terms" (including commitments by prospective transferees and instructions for online bidding) and the "Electronic Bidding Risk and Receipt Confirmation" in the "Registration Instructions". Once registered (by clicking "Agree"), they are deemed to have fully understood and accepted all the contents of the documents. The registration materials to be uploaded include: ① Proof of principal qualification. 1) Legal persons: business license, identity certificate of the legal representative (or unit head) and their ID card (originals to be checked, copies to be retained); 2) Unincorporated organizations: relevant materials that can prove their principal qualification; 3) Natural persons: their own ID cards (originals to be checked, copies to be retained); ② Original power of attorney and the ID card of the entrusted agent (originals to be checked, copies to be retained) (Attachment 1). (Note: All the above materials must be stamped with the official seal (for legal persons and unincorporated organizations) or signed and fingerprinted (for natural persons).) (2) Application qualification review. After reviewing the registration materials uploaded by the prospective transferees, the exchange will provide feedback on the review results through the trading system, phone calls, text messages, etc. If the registration materials need to be corrected, the prospective transferees will be given one opportunity to make corrections. They shall complete the supplementary and amendment procedures for the registration materials no later than 30 minutes before the end of the free bidding period. If they fail to complete the supplementary and amendment procedures within the specified time or still do not meet the qualification requirements for the transferee after the supplementary and amendment, their applications will be deemed as not passing the qualification review, and no further applications for correction will be accepted. (3) Payment of deposit. After completing member registration and application, prospective transferees may pay the deposit. They should pay the intention deposit to the account designated by the exchange according to the text message prompts sent by the system before 17:00 on the registration deadline (subject to the actual receipt of funds, without interest). After passing the application qualification review, the intention deposit will be automatically converted into a trading deposit. (Notes: ① The prospective transferee must pay the deposit from the bank account bound during registration as a member. Payments not made from this account or payments made by others on behalf of the prospective transferee will be deemed invalid. ② Each fund account pushed by the trading system is a dedicated account for the corresponding funds. This account shall not be used for other projects or purposes. The prospective transferee must deposit each fund into the corresponding account; otherwise, the amount will be deemed invalid. ) (4) Participation in Bidding. After the registration qualification is approved and the trading deposit is fully received, the trading system will send the bidding login account and password via SMS. The prospective transferee shall log in to the trading bidding system at the time specified in the SMS notification to participate in the bidding. The highest valid bidder will be determined as the transferee based on the principles of price priority and time priority. Notes (1) Bidders must keep their accounts and passwords secure. Any operations involving logging in and participating in bidding using the registered account will be deemed as the bidder's own actions. The bidder shall be responsible for all consequences arising from the leakage of their account information due to their own reasons, and the exchange shall not bear any responsibility. (2) The entity handling the relevant procedures shall be the same as the bidding entity registered and enrolled by the bidder in the trading system.