Shenghe Resources (600392.SH) clarifies market rumors: the controlling shareholder clearly stated that there is no intention to transfer the company's controlling interest to foreign countries

Zhitong Finance App News, Shenghe Resources (600392.SH) issued an announcement. Recently, the company was concerned about false statements in overseas media about a rare earth enterprise group planning to acquire a controlling interest in the company and thereby indirectly hold rights in the company's overseas assets, which were reprinted by some domestic media. In order to prevent the relevant information from misleading investors, the relevant rumours have now been clarified. After the company's written consultation with the controlling shareholder, the Institute of Comprehensive Utilization of Minerals of the Chinese Academy of Geological Sciences (hereinafter referred to as the “Comprehensive Utilization Institute”), the General Utilization Institute's reply clearly stated that there is no intention to transfer the controlling interest of the company abroad.

After years of practice, the company has gradually developed its own development characteristics and is positioned as a “responsible international supplier of key raw materials”. Currently, the company's development position has not changed. In the future, the company will continue to give full play to its advantages and contribute to stabilizing the order of the rare earth industry and promoting the sustainable and healthy development of the rare earth industry.