Core Viewpoint - The company is progressing with the acquisition of Peak Rare Earths Limited, with several key developments in the process [1][2][3]. Group 1: Acquisition Progress - On May 14, 2025, the company approved the acquisition of Peak Rare Earths Limited's shares through its wholly-owned subsidiary, Ganzhou Chenguang Rare Earth New Materials Co., Ltd [1]. - In July 2025, the implementation entity for the acquisition was changed from Chenguang Rare Earth to the company's wholly-owned subsidiary, Shenghe Resources (Singapore) Co., Ltd, which currently holds 19.7% of Peak's shares [2]. - On September 4, 2025, the company adjusted the acquisition price for 100% of Peak's shares from AUD 158 million (approximately RMB 742.6 million) to AUD 195 million (approximately RMB 916.5 million) [2]. Group 2: Regulatory Approvals - As of September 16, 2025, the acquisition has received approval from the shareholders of Peak Rare Earths Limited and the Tanzania Mining Commission [3]. - The acquisition still requires approval from the Tanzania Fair Competition Commission and the Australian court, with a court hearing scheduled for September 18, 2025 [3].
盛和资源控股股份有限公司关于收购Peak Rare Earths Limited股权的进展公告