en.Wedoany.com Reported - China Yunnan Tin Industry Co., Ltd. won 100% equity of Chifeng Dajingzi Tin Industry Co., Ltd. for 176,862,647.98 yuan (approximately 177 million yuan), and formally signed the "Property Rights Transaction Contract" with the transferor, Chifeng Dajingzi Mining Co., Ltd., on June 15, 2026.

This transaction was completed through the public listing process of the Beijing Equity Exchange. The announcement shows that Yunnan Tin Industry was the sole intended transferee during the listing period starting April 29, 2026, and thus directly acquired the equity at the base transfer price. The company submitted the transfer application and related materials on May 29, 2026, and the board of directors reviewed and approved the proposal to participate in the bidding at its meeting that same day. According to the contract terms, the transfer price is to be paid in a lump sum, remitted to the designated account of the Beijing Equity Exchange within one working day after the contract takes effect. The assets, control rights, and management rights of the target enterprise will be transferred to Yunnan Tin Industry within 30 days after completing the industrial and commercial registration change procedures. Both parties to the property rights transfer will properly arrange for existing employees in accordance with the "Employee Resettlement Plan for the Equity Transfer of Chifeng Dajingzi Tin Industry Co., Ltd.," which was reviewed and approved by the workers' congress on April 17, 2026.

Yunnan Tin Industry stated that this acquisition is an important measure for the company to integrate domestic tin smelting capacity, promote efficient allocation and coordinated development of regional industrial resources, and ensure the security of the national tin industry supply chain. The company plans to leverage its technological and market advantages across the entire industrial chain to carry out technical transformation and management empowerment for Dajingzi Tin Industry, enhance its profitability, and achieve industrial interaction between the southern and northern smelting units. This transaction is also seen as a strategic breakthrough to establish a "Northern Tin Capital," laying the foundation for deep deployment in the tin-rich region of Inner Mongolia and ultimately forming a vertically integrated tin industry chain pattern spanning Gejiu in Yunnan, Chenzhou in Hunan, and Chifeng in Inner Mongolia. Dajingzi Tin Industry has no guarantees or financial assistance provided for others. After the transaction is completed, Dajingzi Tin Industry will be included in Yunnan Tin Industry's consolidated financial statements, and it will not have a significant adverse impact on the company's financial and operational conditions. The company emphasized that all acquisition funds come from its own capital.

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