Hainan Mining announced that the company plans to purchase 69.90% of the total shares of Luoyang Fengrui Fluorine Co., Ltd. held by Wang Zhongxi, Wang Chen, and Shanghai Baidi Investment Management Co., Ltd. and raise supporting capital by issuing shares and paying cash. On September 30, 2026, the review was suspended by the Shanghai Stock Exchange due to the expiration of the financial data; on October 22, 2026, the company completed the financial data update and addition of application documents and submitted an application for resumption of the review. On the same day, it received a notice from the Shanghai Stock Exchange agreeing to resume the review.

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