Tongling Nonferrous Metals to sell Guanggang Gas shares

Tongling Nonferrous Metals Group (SZSE: 000630) announced the resolutions from its 10th Board of Directors' 18th meeting, held on February 25, 2025. Key decisions included authorizing the management to sell the company's shares in Guangzhou Guanggang Gas. The potential profit from this sale will not exceed 50% of the company’s latest audited net profit. The management team is empowered to determine the specific terms of the disposal, including pricing and quantity. This authorization is valid for 12 months from the date of the board resolution. The board also approved a new "Public Opinion Management System". All eight directors present unanimously approved both resolutions.