Yintai Gold subsidiary completes capital reduction, obtains new business license

Yintai Gold announced that its wholly-owned subsidiary, Shanghai Shengwei Mining Investment Co., Ltd. ("Shanghai Shengwei"), has completed an industrial and commercial registration change and obtained a new business license. This follows resolutions passed at board and shareholder meetings in December 2024 and January 2025, concerning the reduction of the subsidiary's registered capital. The adjustment was made based on the company's overall strategic development plan and actual operational needs.

Following the capital reduction, Yintai Gold maintains a 100% direct ownership stake in Shanghai Shengwei. Details of the capital reduction were previously disclosed on December 20, 2024.

The new business license for Shanghai Shengwei Mining Investment Co., Ltd. lists its unified social credit code as 91310115MA1K39F89L. Liu Qin is the legal representative, and the registered capital is now RMB42079.9067万元. The company's business scope includes industrial investment, investment consulting, and the sale of mineral products, metal materials, and gold and silver products, subject to necessary approvals.