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Anyuan Coal exits coal business for magnetic separation equipment

August 11, 2025 at 12:35 PM UTCBy FilingReader AI

Anyuan Coal Industry Group is divesting its coal and port logistics assets in exchange for a 57% stake in Ganzhou Golden Ring Magnetic Separation Technology and Equipment Co., shifting its core business to magnetic separation equipment.

The asset swap with Jiangxi Tungsten Industry Group represents a complete business transformation for the company, with any difference in asset values to be settled in cash.

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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