Overview - The company is planning a significant asset swap and related transactions, currently in the planning stage with no final agreements signed yet [1][3] Transaction Summary - The controlling shareholder, Jiangxi Tungsten Industry Holding Group Co., Ltd., intends to swap 57% of its subsidiary's shares in Ganzhou Jinhui Magnetic Selection Technology Equipment Co., Ltd. with the company's coal-related assets and liabilities [1] - The difference in transaction prices will be compensated in cash or other means [1] - This transaction is classified as a related party transaction and is expected to constitute a major asset restructuring as per regulations, but will not involve issuing new shares or changing the controlling shareholder [1] Progress Update - On April 21, 2025, the company held board and supervisory meetings to approve the integration of coal business through its wholly-owned subsidiary, Jiangxi Coal Industry Group Co., Ltd. [2] - The company has signed restructuring service agreements with major intermediaries and is conducting audits, evaluations, and due diligence on the transaction [3] - The specific assets and transaction prices are still under discussion and have not been finalized [3]
安源煤业: 安源煤业关于筹划重大资产置换暨关联交易的进展公告