According to the Zhitong Finance App, Gao Zheng Minbang (002827.SZ) announced that the company plans to purchase 51% of Tibet Ziyuan Copper Co., Ltd. and 100% of the shares of Tibet Shengyuan Mining Co., Ltd. held by Tibet Geology and Mineral Group Co., Ltd. by issuing shares, and raise supporting capital by issuing shares to no more than 35 specific investors.
The target assets of this transaction were 51.00% of Ziyuan Copper's shares and Shengyuan Mining's 100.00% shares. Ziyuan Copper plans to inject mineral rights into the Mamupu mining area. Its main business is exploration, mining and beneficiation of copper and other metal ores; Shengyuan Mining plans to transfer 10.12% of Julong Copper's shares and 27.00% of Rago Resources held by Geology and Mining Group. Julong Copper is mainly engaged in exploration, selection and sales of copper metal ores, and Laguo Resources is mainly engaged in salt lake lithium ore mining and lithium salt production business.
Through this transaction, listed companies have injected highly profitable non-ferrous metal exploration, mining and other related business assets. After the transaction is completed, Gao Zheng Minbang added a new mine development business, and the industrial chain will be further extended downstream. The main business will become two major sectors: mine investment and development, and civilian explosion production, sales and service. Listed companies will upgrade and transform their business, greatly broaden their sources of profit, and significantly enhance their sustainability and resilience to risks, which is in line with the interests of all shareholders of the listed company.
Following the company's application, trading of the company's shares will resume from the opening of the market on November 2, 2026 (Monday).