China's *ST Weiling Completes Acquisition of 100% Equity in Tianjin Changling Mining
2026-07-06 13:57
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en.Wedoany.com Reported - ST Weiling (Stock Code: 002667.SZ) issued an announcement on July 1, 2026, stating that its controlled subsidiary, Chenzhou Lingwu Mining Co., Ltd., has completed the acquisition of a 69.9650% partnership interest in Tianjin Changling Mining Partnership (Limited Partnership), and has completed the industrial and commercial registration changes and business license renewal procedures. As a result, ST Weiling now holds a total of 100% equity in Tianjin Changling.

According to the announcement, after the acquisition, Chenzhou Lingwu Mining holds a cumulative 99.9500% interest in Tianjin Changling, while ST Weiling's wholly-owned subsidiary, Chenzhou Linghao Technology Co., Ltd., holds a 0.05% interest. Both before and after the acquisition, Tianjin Changling has been a controlled subsidiary of ST Weiling, and this transaction does not constitute a major asset restructuring.

ST Weiling (full name "Weiling New Energy Co., Ltd.") is an A-share listed company primarily engaged in mining development and new energy materials, headquartered in Chenzhou City, Hunan Province. The company's business covers areas such as mining investment and development, non-ferrous metal mining and processing, and new energy material processing. Tianjin Changling Mining Partnership is a mining investment enterprise registered in Tianjin, whose core assets are tungsten-tin polymetallic mineral resources located in Hunan Province. This acquisition enables ST Weiling to achieve full ownership of Tianjin Changling, further integrating the company's asset layout in the tungsten-tin polymetallic mining sector, and helping to enhance the company's control over core mineral resources and operational efficiency.

This acquisition is a significant step for *ST Weiling in the integration of mining assets. By fully owning Tianjin Changling, the company can more effectively coordinate the development of its mineral resources, optimize its capital structure, reduce management costs, and lay the foundation for the development and operation of subsequent mining projects. At the same time, full ownership also helps the company maintain strategic flexibility during price fluctuation cycles of mineral resources and enhance its risk resistance capabilities.

As of the announcement date, all industrial and commercial registration procedures related to this acquisition have been completed. The completion of this equity acquisition marks a solid step forward for ST Weiling on the path of mining asset integration. Going forward, how ST Weiling will leverage the newly acquired mineral resources to drive business development warrants continued market attention.

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