Qinghai Salt Lake share buyback reaches halfway point

Qinghai Salt Lake Industry Co. announced that China Minmetals, its actual controller, has reached the halfway point in its planned share increase. Since the start of the buyback plan on April 9, 2025, China Minmetals has acquired 4,000,000 shares via centralized competitive trading, representing 0.08% of the company's total share capital. The total consideration paid was approximately CNY 63,951,400 (excluding transaction costs). Following these purchases, China Minmetals and its concerted parties collectively control 1,342,755,099 shares, representing 25.38% of Qinghai Salt Lake Industry's total equity. The company stated that the buyback is ongoing and that China Minmetals will continue to implement the plan.