According to the Xinjiang Tianye announcement, the company plans to acquire 100% of the shares of the four wholly-owned subsidiaries of Jingyi Mining, Tianbochen, Group Mining, and Turfan Mining held by the related party Tianfu Xinye through a non-disclosure agreement. The total transaction amount is 865 million yuan. The capital is its own capital. This transaction constitutes a related transaction and does not constitute a major asset restructuring. After the transaction is completed, the company will add 4 limestone mines with a total annual mining capacity of 9.45 million tons and mine 200,000 cubic meters of salt resources per year to guarantee the company's supply of lime and raw salt raw materials. The transaction still needs to be submitted to the company's shareholders' meeting for review.

Zhitongcaijing · 2d ago
According to the Xinjiang Tianye announcement, the company plans to acquire 100% of the shares of the four wholly-owned subsidiaries of Jingyi Mining, Tianbochen, Group Mining, and Turfan Mining held by the related party Tianfu Xinye through a non-disclosure agreement. The total transaction amount is 865 million yuan. The capital is its own capital. This transaction constitutes a related transaction and does not constitute a major asset restructuring. After the transaction is completed, the company will add 4 limestone mines with a total annual mining capacity of 9.45 million tons and mine 200,000 cubic meters of salt resources per year to guarantee the company's supply of lime and raw salt raw materials. The transaction still needs to be submitted to the company's shareholders' meeting for review.