Western Mining's shareholder completes increased holdings plan

Western Mining Co., Ltd. (SSE: 601168) announced that Western Mining Group Co., Ltd., the controlling shareholder, and Qinghai Western Mining Asset Management Co., Ltd., acting in concert, have completed their planned increase in holdings. As of March 5, 2025, they cumulatively increased their holdings by 41,202,033 shares, representing 1.729% of the company's total share capital. The total investment amounted to 679.3391 million yuan, with 116.3391 million yuan funded by proprietary funds and 563 million yuan from special loans. Following the completion of the plan, Western Mining Group and Qinghai Western Mining Asset Management collectively hold 759,982,288 shares, representing 31.89% of Western Mining's total share capital. The company affirmed that the increased holdings would not affect its listing status or control structure.