重大资产重组，明起停牌！

Core Viewpoint - The article discusses the major asset restructuring plan of Wukuang Development (stock code: 600058), initiated by its actual controller, China Minmetals Corporation, to enhance the quality of listed companies and fulfill historical commitments [1][3]. Group 1: Restructuring Announcement - Wukuang Development announced it received a notification from China Minmetals regarding a significant asset restructuring plan, which includes asset swaps, share issuance, and cash payments to acquire stakes in Wukuang Mining Holdings and Luzhong Mining [1]. - The company plans to divest major assets and liabilities related to its existing business, retaining only certain assets and liabilities [1]. Group 2: Stock Suspension - The transaction is expected to constitute a major asset restructuring and related party transaction but will not change the actual controller or result in a restructuring listing [3]. - Wukuang Development's stock will be suspended from trading starting December 30, 2025, for a period not exceeding 10 trading days to ensure fair information disclosure and protect investor interests [3]. Group 3: Company Background - Wukuang Development was listed on the Shanghai Stock Exchange on May 28, 1997, and is a key subsidiary of China Minmetals, which ranks 69th in the Fortune Global 500 [4]. - In 2023, Wukuang Development was ranked 175th in the Fortune China 500 list and included in the "Top 100 Beijing Listed Companies" [4]. Group 4: Business Operations - The company primarily engages in resource trading, metal trading, and supply chain services, covering a wide range of metallurgical raw materials and various steel and metal products [5]. - Wukuang Development operates a comprehensive marketing and logistics network with nearly a hundred distribution companies, processing centers, and logistics parks across China, as well as overseas operations in multiple regions [5]. Group 5: Stock Performance - The stock price of Wukuang Development reached a limit-up today, trading at 11.52 yuan per share, with a total market capitalization of 12.348 billion yuan [6].