Hainan Mining announced that the controlling shareholder, Shanghai Fosun Hi-Tech Co., Ltd. and Changxing Xinhua Commercial Operation Co., Ltd. signed a “Share Transfer Agreement” on October 9, 2026. Fosun Hi-Tech transferred 99.22,500 shares at 9.08 yuan/share, accounting for 5% of the company's total share capital, with a total price of 901 million yuan. The matter has been approved by the State-owned Assets Supervision and Administration Office of the Changxing County People's Government and is still subject to confirmation of compliance by the Shanghai Stock Exchange and the Shanghai branch of China Securities Registration and Settlement Co., Ltd.

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