According to the Minmetals Development Announcement, the company plans to purchase 100% of Minmetals Mining Holdings's shares and 100% of Luzhong Mining's shares through asset replacement, issuance of shares, and cash payments, and raise supporting capital. Trading of the company's shares was suspended on December 30, 2025. The cumulative increase in the 20 trading days before the suspension was 32.57%. The cumulative increases of 1.32% and 8.52% for the same period were 1.32% and 8.52% respectively. Excluding market and industry influence, the cumulative increase in stock prices exceeded 20%. The company takes confidentiality measures and will investigate and disclose insider information informants secondary market transactions in accordance with regulations.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.