600058,重大资产重组!今日复牌
Zhong Guo Ji Jin Bao·2026-01-14 16:40

Core Viewpoint - WISCO Development plans to acquire assets from WISCO Mining and Luzhong Mining while divesting its existing business-related assets, leading to a significant increase in stock price prior to suspension [1] Group 1: Transaction Overview - The company intends to purchase 100% equity of WISCO Mining and Luzhong Mining from its controlling shareholder, China Minmetals Corporation, through asset swaps, share issuance, and cash payments [1][2] - The transaction will involve swapping major assets and liabilities (excluding retained assets and liabilities) with equivalent portions of the equity from WISCO Mining and Luzhong Mining [1][2] - The final transaction price for the assets is yet to be determined as auditing and evaluation work is still ongoing, but it is expected to constitute a major asset restructuring [1][3] Group 2: Business Focus and Market Position - WISCO Mining and Luzhong Mining primarily engage in iron ore mining, processing, and sales of iron concentrate products, holding significant mining rights in regions like Liaoning, Anhui, and Shandong [2] - The company currently operates in resource trading, metal trading, and supply chain services, with its previous business closely tied to the steel industry [2][3] - The existing resource trading business faces intense market competition and is susceptible to fluctuations in supply and demand, commodity prices, and industry credit environments [3] Group 3: Financial Performance - For the first three quarters of 2025, WISCO Development reported a revenue of 40.893 billion yuan, a 20% year-on-year decline, and a net profit attributable to shareholders of 114 million yuan, down 16% [3] - In contrast, WISCO Mining and Luzhong Mining demonstrated stronger profitability, with WISCO Mining generating 2.317 billion yuan in revenue and a net profit of 503 million yuan, while Luzhong Mining reported 1.256 billion yuan in revenue and a net profit of 185 million yuan for the same period [3] Group 4: Market Reaction and Future Steps - The company has suspended trading since December 30, 2025, to facilitate the transaction and is set to resume trading on January 15, 2026 [4]

SUNWAY INT'L-600058,重大资产重组!今日复牌 - Reportify