Xinjiang Xinxin Mining completes acquisition of 51% equity interest

Xinjiang Xinxin Mining Industry Co., Ltd. announced the completion of its major transaction to acquire a 51% equity interest in Xinjiang Huaou Mining Co., Ltd. (the "Target Company"). The completion, effective June 12, 2025, results in the Target Company becoming a non-wholly owned subsidiary of Xinjiang Xinxin Mining, with its financial statements to be consolidated into those of the parent company. This announcement follows previous announcements on February 14, 2025, and March 19, 2025, and a circular dated March 24, 2025, regarding the acquisition. Xinjiang Xinxin Mining Industry is listed on the Hong Kong Stock Exchange (HKEX: 3833).