FilingReader Intelligence

Huayu Mining pays 509m yuan valuation adjustment compensation

July 31, 2025 at 05:11 PM UTCBy FilingReader AI

Tibet Huayu Mining will pay CNY 509 million compensation to Guangxi Dirun following a revaluation of its Asia-Pacific Mining acquisition.

The original 2019 valuation of CNY 1.843 billion was reduced to CNY 1.25 billion due to project uncertainties, but increased to CNY 2.52 billion after securing a mining permit in May 2024.

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

SSE:601020Shanghai Stock Exchange

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