000603SZSE

Progress Announcement on Issuing Shares to Purchase Assets and Raising Supporting Funds

Shengda Resources Co., Ltd.··3 pages

✨ AI Summary

This announcement details the progress of Shengda Metal Resources Co., Ltd.'s plan to issue shares to acquire a 47% stake in Sichuan Honglin Mining Co., Ltd. and raise supporting funds from specific investors. The company aims to hold 100% of Honglin Mining post-transaction. The transaction is subject to board and regulatory approvals, with ongoing discussions on transaction details and potential risks highlighted.

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Full Translation

AI Translation· azure_openai

Shengda Metal Resources Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

Special Reminder:

  1. The "Significant Matters Reminder" and "Significant Risk Reminder" sections in the "Plan for Issuing Shares to Purchase Assets and Raising Supporting Funds" disclosed by the Company on October 31, 2024, provide detailed information on the approval procedures that still need to be fulfilled and potential risk factors associated with this transaction. Investors are advised to pay attention to investment risks.
  2. Since the disclosure of this transaction plan, the Company and relevant parties have actively promoted the related work. As of the date of this announcement, further communication and discussion on transaction details are still required among the parties involved, and the transaction plan is subject to the willingness of the parties and relevant regulatory requirements, which introduces a degree of uncertainty. Apart from the disclosed risk factors, the Company has not identified any matters that may lead to the Board of Directors or the counterparty withdrawing, suspending, or making substantial changes to the transaction plan. The Company will continue to actively promote this transaction and will timely fulfill subsequent approval and information disclosure procedures in accordance with the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange.

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