Core Viewpoint - Hainan Mining is planning to acquire control of Luoyang Fengrui Fluorine Industry through a combination of share issuance and cash payment, with the stock suspension expected to last no more than 10 trading days [1][2]. Group 1: Company Announcement - On January 28, Hainan Mining announced the acquisition plan and the stock will be suspended starting January 29 [1][2]. - The acquisition involves raising matching funds and is currently in the planning stage, with no formal agreements signed yet [1][2]. Group 2: Company Profile - Luoyang Fengrui Fluorine Industry, established in December 2007, is a mixed-ownership enterprise engaged in the mining, selection, production, research, and sales of fluorite and related products [1][2]. Group 3: Market Reaction - On January 28, Hainan Mining's stock surged by 7.59%, closing at 12.61 yuan per share, with a total market capitalization of 25.2 billion yuan [3].
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