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GuoCheng Mining to Sell 65% Stake in Subsidiary
Guocheng Mining (000688.SZ): intends to purchase no less than 60.00% equity of Guocheng Industries.
On December 17, Glonghui reported that Guocheng Mining (000688.SZ) announced that in this Trade, the company plans to purchase no less than 60.00% of Guocheng Industrial's equity held by Guocheng Group through payment in Cash and assuming debts. As of the signing date of this summary, the audit and evaluation work of the symbol company has not been completed. According to preliminary estimates, the estimated value of 100% equity of Guocheng Industrial in this Trade is about 5.5 billion yuan. The transaction price of the symbol Assets will be based on the valuation stated in the evaluation report issued by a valuation agency that complies with the provisions of the Securities Law, to be determined through negotiation between the listed company and the trading counterpart.
Guocheng Mining (000688.SZ): The verification report on the resource reserves of Jinxin Mining has passed the review and filing.
Glory Exchange reported on December 13th that Guocheng Mining (000688.SZ) announced that the company recently received notification from its important subsidiary (holding 48% equity), Markang Jinxin Mining Co., Ltd. (hereinafter referred to as "Jinxin Mining"). Jinxin Mining has obtained the reply issued by the Ministry of Natural Resources regarding the "Report on the Verification of Lithium Resource Reserves in Daba, Markang City, Sichuan Province" (Natural Resource Reserve Word [2024] No. 189). According to the "Report on the Verification of Lithium Resource Reserves in Daba, Markang City, Sichuan Province" issued by the Mineral Resource Reserve Evaluation Center of the Ministry of Natural Resources.
Guocheng Mining (000688.SZ): The first phase of the 0.2 million tons/year lithium salt project of its subsidiary Guocheng Lithium is currently under construction.
Gelonghui, November 26th | Guocheng Mining (000688.SZ) stated on the investor interaction platform that its subsidiary, Guocheng Lithium, is currently constructing the first phase of the 200,000 tons/year lithium salt project. Please continue to pay attention to the company's future disclosed announcements regarding the operation of the project.
Guocheng Mining (000688.SZ): The mining area where the subsidiary Dongkuang is located contains pyrite.
Glonghui reported on November 26 that guocheng mining (000688.SZ) stated on the investor interaction platform that the mining area of its subsidiary Dongkuang contains pyrite. As of December 31, 2023, the total amount of pyritic lead-zinc-copper ore held within the mining rights of its subsidiary Dongkuang is 122.9751 million tons.
Guocheng Mining: Report for the third quarter of 2024
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