智通财经网·2025-08-29 11:59Core Viewpoint - The completion of the acquisition of 84% equity in Anhui Jinsan Molybdenum Co., Ltd. by the company marks a significant step in expanding its operations in the molybdenum sector, with plans for further development and collaboration with industry partners [1][2]. Group 1: Acquisition Details - The company completed the transfer of 84% equity in Anhui Jinsan Molybdenum Co., Ltd. on August 28, 2025, following the public bidding process initiated on October 21, 2022 [1]. - Anhui Jinsan Molybdenum Co., Ltd. holds 100% rights to the Shapingou Molybdenum Mine in Jinzhai County, Anhui Province, which has a total molybdenum metal resource of 2.1 million tons and a metal reserve of 1.1 million tons [1]. - The mining rights for the Shapingou Molybdenum Mine are valid until July 28, 2053, with a designed production scale of 10 million tons per year and an average annual molybdenum output of approximately 22,100 tons post-construction [1]. Group 2: Strategic Partnerships - Following the acquisition, the company will hold 84% of Jinsan Molybdenum, while Jinduicheng Molybdenum Co., Ltd. and Jinzhai County Urban Development Investment Co., Ltd. will hold 10% and 6% respectively [2]. - Jinduicheng Molybdenum Co., Ltd. plans to collaborate with Jinsan Molybdenum to invest in a new molybdenum smelting project to support local economic development and extend the industrial chain [2]. - A cooperation agreement was signed on August 29, 2025, where the company will transfer 24% of Jinsan Molybdenum's equity to Jinduicheng Molybdenum at the original acquisition price plus necessary financial costs, resulting in a new equity structure of 60% for the company and 34% for Jinduicheng Molybdenum [2].