Core Viewpoint - China Environment Resources (01130) has terminated a memorandum of understanding with Goldwin Century regarding potential cooperation on rare earth projects, opting instead for a direct acquisition of a subsidiary company to better align with its strategic direction in metal recycling [1][2] Group 1 - The memorandum was initially intended to provide a framework for due diligence and exploring cooperation feasibility with Sichuan Yuanlaishun [1] - The decision to terminate the memorandum was made after further commercial negotiations, determining that a direct acquisition of Sichuan Yuanlaishun's subsidiary, Sichuan Yuanlaishun Recycling Resources Co., Ltd., is more beneficial for the group [1] - The acquisition will allow the group to directly control and fully integrate the target company's operations, enhancing its ability to capitalize on synergies and growth opportunities in the rare earth materials market [1] Group 2 - On December 12, 2025, the company plans to acquire 90% equity of the target company for 9 million yuan, which focuses on recycling renewable and recyclable resources, particularly in producing reusable copper, aluminum, rubber, and rare earth permanent magnet components [2] - The board believes this acquisition represents a strategic opportunity to enter the high-quality and specialized field of rare earth material recycling, which has significant global prospects and development potential [2] - The acquisition will enable the group to meet the growing demand for advanced materials and innovative solutions in its diversified business segments, including metal recycling and green market applications [2]
中国环境资源(01130)拟900万元收购四川源莱顺再生资源有限公司90%股权