Leading mining company is making acquisitions! Zangge Mining is planning a change in control, and Zijin Mining Group intends to take the lead | Summary of the announcement.

Zangge Mining announced a significant notice, planning to transfer 24.72% of its shares, directly indicating a change of control, with the buyer being the mining giant Zijin Mining Group. It is worth noting that in recent years, Zangge Mining and Zijin Mining Group have made considerable moves in the expansion of lithium resources. The change of ownership of Zangge Mining to Zijin Mining Group is just one of several acquisition cases by the latter; looking at 2024 alone, Zijin Mining Group has already undertaken four large-scale acquisitions.

cls.cnJan 9 11:06 ET

The expectation of alumina production boosts the market for caustic soda, and the profitability of related listed companies is expected to improve | Industry Dynamics.

① Driven by expectations of downstream Aluminum oxide expansion, on January 7, the Futures Block Orders contract SH2505 for caustic soda reached a high of 3068 yuan/ton, refreshing a nearly one-year high during the trading session; ② Tangshan Sanyou Chemical Industries stated that, supported by the growth in demand for downstream Aluminum oxide and electrolytic Aluminum, caustic soda prices are expected to be running at a high level in 2025.

cls.cnJan 9 08:29 ET

Behind the insider trading fine of the chairman of Mogao Co., Ltd.: repeated disclosure errors and persistent Operation pressure | Quick read announcement.

① Mogao Co., Ltd. announced that during the restructuring of Haotian Technology, Chairman Du Guangzhen engaged in insider trading of the company's stocks, making a profit of 0.1994 million yuan. The Qinghai Securities Regulatory Bureau decided to confiscate Du Guangzhen's illegal gains and imposed a fine of 1.5 million yuan; ② The company's operational pressure is "ever-present" — continuous revenue growth without profit, and operating cash flow has been in a net outflow state for five consecutive years.

cls.cnJan 5 20:13 ET

In order to reduce liabilities and improve profitability, Sanzigaoke plans to restructure its Business in Europe | Quick Reading Announcement.

① Recently, Shanzi Gaoke reached an agreement with the European Silver Syndicate, intending to complete the debt restructuring of the European subsidiary PPS syndicated loan by paying 0.032 billion Euros; ② Due to supply chain issues and other internal coordination factors, the performance of the joint venture PPET under PPS did not meet expectations, resulting in substantial losses.

cls.cnJan 1 10:28 ET

Saudi ACWA's new milestone: Installed capacity of renewable energy projects in China has exceeded 1GW.

① The Saudi Wind Power giant ACWA announced that its renewable energy projects in China have a total installed capacity exceeding 1GW; ② These projects include wind power and photovoltaic projects, which are wholly or jointly owned by ACWA.

cls.cnDec 30, 2024 22:44 ET

Gold prices have repeatedly reached historical highs, and gold companies are showing impressive performances while increasing reserves. The "long bull" trend still exists | Year-end review.

① This year's gold prices have repeatedly hit new highs, performing particularly impressively; ② Among A-share gold companies, SD GOLD, Zijin Mining Group, Shanjin International, and * Special Treat Zhongrun are actively increasing their reserves; ③ Many industry insiders believe that the trend of a "long bull" market for gold still exists; however, the risks of short-term fluctuations cannot be overlooked.

cls.cnDec 29, 2024 19:45 ET