FilingReader Intelligence

Anyuan Coal plans major asset swap, faces uncertainties

May 1, 2025 at 05:06 AM UTCBy FilingReader AI

Anyuan Coal Industry Group (SSE:600397) announced progress in its planned major asset swap with Jiangxi Tungsten Holding Group. The proposed transaction involves swapping Anyuan Coal's coal-related assets and liabilities for Jiangxi Tungsten Holding Development Co.'s 57% stake in Ganzhou Jinhuan Magnetic Separation Technology Equipment Co., Ltd. The difference in asset values would be settled in cash or other means.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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