FilingReader Intelligence

Western Metal Materials boosts Xi'an Nobel stake to 64.51%

July 16, 2025 at 12:29 PM UTC•By FilingReader AI

Western Metal Materials will invest 124.7m yuan into Xi'an Nobel Precious Metals, acquiring 14.71 million shares at 8.48 yuan each. This raises Western Metal Materials' stake to 64.51%.

The total issuance of 17.30 million shares will raise 146.7m yuan for working capital and debt reduction.

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

Primary Source Document

Announcement by Western Metal Materials Company Limited regarding the directed issuance of shares and external investment by its controlled subsidiary, Xi'an Nobel Precious Metals Materials Company LimitedJuly 16, 2025 at 08:00 AM UTC

Supplementary Source Documents

Announcement of resolutions of the seventeenth meeting of the eighth board of directors of Western Metal Materials Company LimitedJuly 16, 2025 at 08:00 AM UTC

Western Metal Materials

SZSE:002149•Shenzhen Stock Exchange

RSS feed for Western Metal Materials

News Alerts

Get instant email alerts when Western Metal Materials publishes news

Free account required • Unsubscribe anytime

Browse RSS Feeds

Filing Activity Timeline

View Complete Filing History →