Core Viewpoint - Cangge Mining (000408.SZ) announced the termination of its investment in Hefei Jingsha Xinghe due to unfavorable market conditions and the need to manage investment risks effectively [1] Group 1: Investment Decision - The company approved a proposal for its wholly-owned subsidiary, Cangge Mining Investment (Chengdu) Co., Ltd., to invest 100 million RMB in Hefei Jingsha Xinghe, which is controlled by Shanghai Jingsha Equity Investment Fund Management Co., Ltd. [1] - The investment was directed towards the Galaxy Aerospace project [1] Group 2: Termination of Investment - Due to changes in the market environment, the financing process for the investment project did not meet expectations, leading to a consensus among partners to terminate the investment [1] - The company has completed the deregistration procedures for Hefei Jingsha Xinghe, as confirmed by the Hefei High-tech Development Zone Market Supervision Administration [1]
藏格矿业(000408.SZ):终止与专业机构共同投资并注销合伙企业