According to Zhitong Finance App, Hong Kong Gold Industry Group (02623.HK) issued an announcement regarding (among others) the establishment of the Jiangxi Joint Enterprise Management Center (limited partnership) and the acquisition of 20% shares in Guixi Baojia Mining Co., Ltd., which is engaged in the mining and processing of non-ferrous metals such as silver, lead and zinc. As the limited partner of the partnership, the Group was notified by the partnership on November 2, 2026 that since the partnership company and Lanxiang Mining failed to agree on certain commercial terms of the Bao Family's acquisition, they were unable to conclude a formal share transfer agreement. After friendly negotiations, the parties mutually agreed to enter into a termination agreement on November 2, 2026 to terminate the intention agreement and the Bao Family's acquisition.

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