Hunan Gold(SZ:002155) Xin Lang Cai Jing·2026-01-12 14:47Core Viewpoint - Hunan Gold plans to acquire 100% equity of Hunan Gold Tianyue Mining Co., Ltd. and Hunan Zhongnan Gold Smelting Co., Ltd. from its controlling shareholder, Hunan Gold Group, and raise matching funds for the transaction [1][2] Group 1: Transaction Details - The transaction is expected to constitute a major asset restructuring and related party transaction, as Hunan Gold Group holds a 35.06% stake in Hunan Gold [2] - Hunan Gold has signed a letter of intent for equity acquisition with all shareholders of Zhongnan Smelting and Tianyue, with final terms to be determined in a formal agreement [2] - On January 16, Tianyue applied to expand its mining area and extend its registration, with the gold mine having a reserve of 205 million tons of ore and 12,238 kg of metal [2] Group 2: Company Strategy and Financial Performance - Hunan Gold's management has indicated a focus on resource mergers and acquisitions, leveraging the abundant resources in Hunan province [3] - The company achieved a revenue of 41.194 billion yuan in the first three quarters of 2025, a year-on-year increase of 96.26%, and a net profit of 1.029 billion yuan, up 54.28% [3] - Hunan Gold controls 31 mining rights, including 19 exploration rights and 12 mining rights, and is actively pursuing a three-year exploration initiative from 2024 to 2026 to enhance its mineral resource security [3]