China Ruilin (603257.SH) plans to invest 30 million yuan to participate in the establishment of the Jiangtungsten Mining Fund

Zhitong Finance App News, China Ruilin (603257.SH) announced that on October 15, 2025, the company signed a “Letter of Intent for Cooperation” with Jiangxi State-owned Capital Operation Holding Group Co., Ltd., Jiangxi Jiangtungsten Private Equity Fund Management Co., Ltd., Agricultural Bank Financial Asset Investment Co., Ltd., and Jiangxi Tungsten Industry Holding Group Co., Ltd. in Nanchang, Jiangxi. The company intends to participate in the establishment of the Jiangtungsten Mining Fund as a limited partner (the specific name must be agreed by the partners and subject to registration by the administrative department for industry and commerce). The total size of the Jiangtungsten Mining Fund is tentatively set at 2 billion yuan, and the company plans to invest RMB 30 million from its own capital.

The intention of participating in the establishment of the Jiangtungsten Mining Fund is that on the premise of ensuring the development of the main business, the company strengthens the layout of high-quality mineral resources at home and abroad around its main business. Investments made with its own capital will not affect the normal operation of the company's production and operation activities and cash flow, have no significant impact on the company's ability to continue operating, financial status, and operating results, and not harm the interests of the company and shareholders, especially small and medium shareholders.