Core Viewpoint - The company announced the termination of its planned acquisition of ATZMining and Felston due to failure to reach agreement on key terms with the counterparties, despite initial plans to raise funds through a combination of share issuance and cash payment [1] Group 1: Transaction Details - The company initially planned to acquire 68.04% of ATZMining and 51.52% of Felston, along with raising supporting funds [1] - The transaction was disclosed on December 16, 2024, and was expected not to constitute a major asset reorganization but was classified as a related party transaction [1] - The board of directors approved the termination of the transaction on September 30, 2025, due to changes in market conditions and inability to agree on core terms [1] Group 2: Impact and Future Plans - The termination of the transaction is not expected to have a significant adverse impact on the company [1] - The company has committed to not planning any major asset reorganization for at least one month following the termination [1]
海南矿业:终止收购标的公司股权及配套募资交易