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Express News | Peng Xin Resources: It is proposed to transfer 49% of the shares of Dazi County Pengxin Global Resources Investment Co., Ltd. to Shanghai Naixi Technology Co., Ltd., at a transfer price of RMB 23.994 million.
Shengtun Mining (600711.SH): Plans to spend 180 million yuan to acquire 14% of Shengtun Global Resources
Gelonghui, January 19丨Shengtun Mining (600711.SH) announced that in order to further implement the company's integrated operation of mining, selection and metallurgy in the African resource sector, optimize the governance structure, and enhance the company's operational development quality and competitiveness, in line with the company's actual development situation, Shengtun New Materials plans to sign an “Equity Transfer Agreement” with United Century to continue to acquire the remaining 14% of Shengtun Global Resources shares held by United Century through cash. The valuation of this transaction was appropriately reduced in accordance with the previous transaction. After negotiation between the parties to the transaction, the transaction price was finally determined to be 180 million yuan. After the acquisition was completed, Shengtunxin, a wholly-owned subsidiary of the company
Bidder Completes Compulsory Acquisition of Remaining Global Palm Resources Shares
Shengtun Mining Receives Supervisory Work Letter: The Shanghai Stock Exchange clarifies regulatory requirements on the company's proposed 483 million yuan acquisition of 35% of Shengtun Global Resources shares from related parties
On July 3 | July 2, the Shanghai Stock Exchange clarified the regulatory requirements and issued a supervisory work letter on the Shengtun Mining equity acquisition and related transactions. The company announced on June 30 that its wholly-owned subsidiary Shengtun New Materials Co., Ltd. plans to sign an “equity transfer agreement” with United Century Development Co., Ltd. (United Century for short) to acquire 35% of Shengtun Global Resources Investment Co., Ltd.'s shares held by United Century through cash. The consideration for this transaction is 483 million yuan. The counterparty to this transaction is United Century. United Century is a wholly-owned subsidiary of Shenzhen Shengtun Group Co., Ltd. Shenzhen Shengtun Group is also a holding share of the company
Shengtun Mining (600711.SH): Plans to acquire 35% of Shengtun Global Resources shares for 483 million yuan
On June 30丨Shengtun Mining (600711.SH) announced that in order to firmly implement the company's “up-control resources, down-expand materials” development strategy, further optimize the subsidiary's equity structure, combine the actual development situation of the company, and enhance the quality and competitiveness of the company's business development, the company's wholly-owned subsidiary Shengtun New Materials plans to sign a “Equity Transfer Agreement” with United Century to acquire 35% of the shares in Shengtun Global Resources held by United Century through cash. Shengtun Global Resources is mainly engaged in resource investment, equipment import and export, commodity trade, etc. It is an important holding subsidiary of the company. Over the years, the company has been efficient and stable
Shengtun Mining: Subsidiary Shengtun New Materials plans to acquire 35% of the shares of Shengtun Global Resources
GLONGHUI June 30丨Shengtun Mining announced that the subsidiary Shengtun New Materials Co., Ltd. plans to sign an “equity transfer agreement” with United Century Development Co., Ltd. to acquire 35% of Shengtun Global Resources Investment Co., Ltd.'s shares held by United Century through cash. The consideration for this transaction is 483 million yuan.
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