Zheng Quan Zhi Xing·2025-08-05 16:33Core Viewpoint - Sichuan Anning Titanium Iron Co., Ltd. plans to acquire 100% equity of Jingzhi Mineral and its related companies through a cash payment of 650,768.80 million yuan, which will enhance its market position and operational capabilities [1] Group 1: Transaction Overview - The transaction involves a staged cash payment of 650,768.80 million yuan for the acquisition of Jingzhi Mineral and its subsidiaries, Hongxin Trade and Liyu Mining [1] - Upon completion, Anning will hold 100% equity in Jingzhi Mineral, which in turn holds 100% equity in both Hongxin Trade and Liyu Mining [1] Group 2: Insider Information and Trading - The self-inspection period for insider information related to this transaction spans from August 19, 2024, to July 21, 2025 [2] - The scope of the insider information includes company executives, major personnel from the restructuring management, and related parties [2] Group 3: Stock Trading Activities - During the self-inspection period, no natural persons within the scope engaged in trading Anning's shares [3] - CITIC Securities conducted stock trading activities through its derivative business account, buying 1,497,800 shares and selling 1,491,700 shares, leaving a balance of 28,800 shares [3] Group 4: Independent Financial Advisor's Opinion - The independent financial advisor concluded that the trading activities of the insider information subjects do not constitute insider trading and will not pose a legal obstacle to the transaction [3]