000688SZSE
🚨 Material Event

Major Asset Purchase and Related Party Transaction Report (Draft) of Guocheng Mining Co., Ltd.

GuoCheng Mining Co., Ltd.··383 pages

✨ AI Summary

This announcement outlines Guocheng Mining's plan to acquire a 40% stake in Guocheng Industrial from CITIC Trust for approximately RMB 236.8 million. The acquisition aims to enhance the company's profitability and strengthen its market position in the molybdenum mining sector. The transaction is subject to shareholder approval and regulatory compliance, with potential impacts on financial metrics and shareholder returns.

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Full Translation

AI Translation· azure_openai

Statement

1. Statement from the Listed Company

The company and all its directors and senior management guarantee that the content of this report and its summary is true, accurate, and complete, and bear corresponding legal responsibilities for any false records, misleading statements, or significant omissions in this report and its summary. The company's controlling shareholders, directors, and senior management commit that if any information provided or disclosed by them or the company in this transaction contains false records, misleading statements, or significant omissions, and is investigated by judicial authorities or the China Securities Regulatory Commission, they will not transfer their shares in the listed company until the investigation conclusion is clear. They will submit a written application to suspend the transfer of shares within two trading days of receiving the investigation notice, and the board of directors will apply for locking the shares with the securities exchange and the registration and settlement company on their behalf. If they fail to submit the locking application within two trading days, they authorize the board of directors to verify and directly submit their identity and account information to the securities exchange and the registration and settlement company to apply for locking. If the board of directors does not submit their identity and account information to the securities exchange and the registration and settlement company, they authorize the securities exchange and the registration and settlement company to directly lock the relevant shares. If the investigation conclusion finds illegal or irregular circumstances, they commit to voluntarily lock the shares for compensation arrangements for relevant investors. This transaction still requires approval from the company's shareholders' meeting and other approvals or authorizations required by relevant laws and regulations (if any). Any decisions or opinions made by the approval authorities regarding this transaction do not indicate a substantive judgment or guarantee regarding the value of the company's stock or the returns for investors. According to the provisions of the Securities Law and other relevant laws and regulations, the company is responsible for changes in its operations and earnings after the completion of this transaction; the investment risks arising from this transaction are borne by the investors themselves. Investors should carefully consider all risk factors disclosed in this report when evaluating the company's transaction, in addition to the content of this report and other related documents disclosed simultaneously. If investors have any questions about this report, they should consult their stock brokers, lawyers, professional accountants, or other professional advisors.

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