FilingReader Intelligence

Anyuan Coal swaps coal assets for magnetic tech stake

July 23, 2025 at 05:13 AM UTCBy FilingReader AI

Anyuan Coal Industry Group will swap its coal-related assets and liabilities for 85.5 million shares representing a 57% stake in Ganzhou Jinhuan Magnetic Separation Technology Equipment.

The transaction received approval from Jiangxi Provincial Investment Group but still requires shareholder approval. Cash will settle any valuation difference.

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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