Zhitong Finance App News, Hainan Mining (601969.SH) issued an announcement. On November 12, 2026, the company received the “Notice on the Results of the 22nd Review Meeting of the Shanghai Stock Exchange M&A and Reorganization Review Committee in 2026” issued by the Shanghai Stock Exchange M&A and Reorganization Review Committee (hereinafter referred to as the “Shanghai Stock Exchange Reorganization Committee”). The Shanghai Stock Exchange Reorganization Committee purchased the company's total shares from Wang Zhongxi, Wang Chen, and Shanghai Baidi Investment Management Co., Ltd. by issuing shares and paying in cash, no more than 69.90% of their total shares in Luoyang Fengrui Fluorine Co., Ltd. Thirty-five eligible investors issued shares to raise supporting funds were reviewed, and the review results were suspended.

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