五矿发展股份有限公司股票交易异常波动公告

Core Viewpoint - The stock of Wulian Development Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative price increase of 20% over two consecutive trading days on January 15 and 16, 2026, prompting the company to disclose relevant information [2][5]. Group 1: Stock Trading Abnormality - The company's stock trading on January 15 and 16, 2026, saw a cumulative price increase of 20%, which is classified as an abnormal trading fluctuation according to the Shanghai Stock Exchange rules [2][5]. - The company confirmed that its production and operations are normal, and there are no undisclosed significant matters apart from the disclosed major asset restructuring [6][9]. Group 2: Major Asset Restructuring - The company plans to conduct an asset swap involving its main assets and liabilities (excluding retained assets and liabilities) with the 100% equity of Wulian Mining Holdings Co., Ltd. and Luchong Mining Co., Ltd. held by its controlling shareholder, China Minmetals Corporation [3][8]. - The difference in transaction prices between the assets to be swapped will be settled through the issuance of shares and cash payments to the controlling shareholder, along with raising matching funds from specific investors [3][8]. - This transaction is expected to constitute a major asset restructuring and related party transaction, but it does not qualify as a restructuring listing [8]. Group 3: Regulatory and Approval Process - The transaction is subject to further review and approval by the company's board of directors and shareholders, as well as regulatory authorities, indicating that its implementation carries uncertainties [3][8]. - The company will adhere to legal and regulatory requirements for information disclosure, with all relevant information published through designated media and the Shanghai Stock Exchange website [3][12].