Gao Zheng Minbang announced that the company received a notice from Tibet Geology and Mining Group to purchase 51% of its shares in Tibet Zilong Mining, 51% of Tibet's Zilong Copper, and 100% of Tibet's Shengyuan Mining shares and raise supporting capital. This transaction is expected to constitute a major asset restructuring and related transaction, and does not constitute a restructuring and listing. Trading of the company's shares has been suspended since the opening of the market on October 26, 2026. It is expected that the trading plan will be disclosed and the resumption of trading will be applied within no more than 5 trading days.

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.