Group 1 - The company, Chengtun Mining (600711.SH), plans to acquire all issued and outstanding common shares of Canadian company Loncor at a price of CAD 1.38 per share, totaling approximately CAD 261 million, equivalent to USD 190 million or RMB 1.35 billion [1] - The acquisition aims to enhance the company's resource reserves, increase gold production capacity, and support strategic development plans [1] - The funding for the acquisition will come from the company's own or raised funds, and upon completion, the company will hold 100% equity in Loncor through its subsidiary Chengtun Gold Ontario Inc. [1] Group 2 - The Adumbi gold mine, located in the Ituri tropical rainforest in the Democratic Republic of Congo, features simple geological conditions suitable for both open-pit and underground mining [2] - The planned production capacity for the Adumbi mine is 3.6 million tons per year, with no adjacent mining rights or permanent structures within a 300-meter radius of the mining area [2]

Group 1 - The core point of the article is that Chengtun Mining plans to acquire all issued and outstanding common shares of Loncor for CAD 2.61 billion (approximately USD 190 million or RMB 1.35 billion) to enhance its resource reserves and gold production capacity [1] - The acquisition will be conducted through Chengtun Gold Ontario Inc., a wholly-owned subsidiary established in Canada [1] - The funding for the acquisition will come from the company's own or raised funds [1] Group 2 - The Adumbi gold mine, located in the Ituri rainforest of the Democratic Republic of the Congo, is characterized by simple geological conditions suitable for both open-pit and underground mining [2] - The planned production capacity of the Adumbi mine is 3.6 million tons per year, with no adjacent mining rights or permanent structures within a 300-meter radius [2] - A gold processing plant is expected to be constructed in the vicinity of the mine [2]

Core Viewpoint - The company intends to acquire all issued and outstanding common shares of Loncor at a price of CAD 1.38 per share, totaling approximately CAD 261 million, equivalent to about USD 190 million or RMB 1.35 billion [1] Group 1 - The acquisition will allow the company to hold 100% ownership of Loncor through its wholly-owned subsidiary, Shengtun Gold Ontario [1] - The transaction is not classified as a related party transaction or a major asset restructuring [1]