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Huayu Mining increases stake in APAC Mining for 81m yuan

July 23, 2025 at 01:52 PM UTCBy FilingReader AI

Tibet Huayu Mining will pay 50.9 million yuan to Guangxi Dirun for a valuation adjustment on its 40% equity in APAC Mining, following an increase in appraised value.

The company will also acquire an additional 11% stake for 30 million yuan to gain majority control, bringing total payments to 80.9 million yuan.

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

Supplementary Source Documents

Letter Hui Shi Bao Zi [2025] No. ZB50985: Audit report and financial statements of Guizhou Yatai Mining Co., Ltd. for the period from 2022 to April 2025July 23, 2025 at 08:00 AM UTC
Letter Hui Shi Bao Zi [2025] No. ZB50986: Audit report and financial statements of Guizhou Yatai Mining Company Limited for the period from 2022 to April 2024July 23, 2025 at 08:00 AM UTC
Zhonghe valuation report No. (2025) KMV1188: asset valuation report for the retrospective valuation project of the total shareholder equity value of Guizhou Asia-Pacific Mining Co., Ltd., involved in Tibet Huayu Mining Co., Ltd.'s proposed negotiation and determination of revaluation value.July 23, 2025 at 08:00 AM UTC
Huayu Mining's notice regarding the convening of the second extraordinary general meeting of shareholders in 2025July 23, 2025 at 08:00 AM UTC
Zhonghe Appraisal Report [2025] No. KMV1130: Asset appraisal report on the valuation of all shareholders' equity of Guizhou Asia-Pacific Mining Co., Ltd. involved in Tibet Huayu Mining Co., Ltd.'s proposed equity acquisition.July 23, 2025 at 08:00 AM UTC
Announcement of resolutions from the fourth meeting of Huayü mining's fifth board of directorsJuly 23, 2025 at 08:00 AM UTC
Juncheng mining appraisal report [2025] No. 049: appraisal report for the mining right of Nibao gold mine in Pu'an County, Guizhou Yatai Mining Co., Ltd., and the exploration right (retained) of Nibao South gold mine in Xingren City, Guizhou ProvinceJuly 23, 2025 at 08:00 AM UTC
Juncheng mining appraisal report No. [2025] 050: Valuation report for the mining right of Nibao gold mine in Pu'an County, Guizhou Yatai mining Co., Ltd. and the exploration right (retained) of Nibaonan gold mine in Xingren City, Guizhou ProvinceJuly 23, 2025 at 08:00 AM UTC
SSE:601020Shanghai Stock Exchange

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