FilingReader Intelligence

Western Region Gold cancels 6.7m shares after subsidiaries miss targets

July 21, 2025 at 11:09 AM UTCBy FilingReader AI

Western Region Gold completed the cancellation of 6.68 million shares from Xinjiang Nonferrous Metals and Yang Shengrong after two mining subsidiaries failed to meet their 2022-2024 net profit commitments.

The company repurchased the shares for 1 yuan total and will cancel them in July 2025, reducing total share capital to 911 million shares.

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

SSE:601069Shanghai Stock Exchange

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