FilingReader Intelligence

Western Region Gold acquires Xinjiang Meisheng for 1.66bn yuan

July 25, 2025 at 05:10 PM UTCBy FilingReader AI

Western Region Gold is acquiring 100% of Xinjiang Meisheng Mining from controlling shareholder Xinjiang Nonferrous Metals for 1.66 billion yuan, representing a 1,422% premium over book value.

The acquisition integrates gold, copper, and polymetallic mining projects and resolves potential competition issues between the companies.

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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