Group 1 - The company, Nanchang Mining Machinery Group Co., Ltd., has approved an investment of $30 million to acquire a 10% stake in Eagle Canyon Gold Limited through its wholly-owned subsidiary, NMS International Holding Pte. Ltd. [1][2][3] - The overall valuation of Eagle Canyon Gold Limited is set at $30 million, with the investment being contingent upon the completion of various preconditions, including internal restructuring and regulatory approvals [2][4][5]. - The investment aims to expand the company's overseas market presence and enhance its competitiveness in the mineral resources sector [15][18][19]. Group 2 - The transaction does not constitute a major asset restructuring or related party transaction, and it requires approval from domestic regulatory authorities for the outbound investment [2][3][17]. - The investment will provide the company with priority cooperation rights for mining projects, thereby injecting new growth momentum into its core business [18][19]. - The company plans to utilize the funds from the investment for restructuring and operational expenses related to the mining projects [5][18]. Group 3 - The investment is part of the company's strategic plan to extend its industrial chain and align with its long-term development strategy [15][18]. - The company has engaged intermediaries to conduct asset evaluations for Eagle Canyon Gold Limited, which are still ongoing [4][5]. - The investment is expected to facilitate the company's transition from traditional equipment sales to broader mining operation services, thus expanding its business ecosystem [18][19].
南昌矿机集团股份有限公司关于对外投资暨增资认购Eagle Canyon Gold Limited股权的公告