Announcement of Yunnan Tin Company Limited on Participating in the Auction for 100% Equity of Chifeng Dajingzi Tin Industry Co., Ltd.
The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
I. Transaction Overview
Yunnan Tin Company Limited (hereinafter referred to as "Yunnan Tin" or "the Company") held the third interim meeting of the tenth board of directors on May 29, 2026, to review and approve the proposal to participate in the auction for 100% equity of Chifeng Dajingzi Tin Industry Co., Ltd. (hereinafter referred to as "the Target Company"). Chifeng Dajingzi Mining Co., Ltd. (hereinafter referred to as "Dajingzi Mining") is transferring its 100% equity of the Target Company through public listing at the Beijing Property Exchange (hereinafter referred to as "the Exchange"). The board of directors agreed to participate in the auction using the company's own funds. According to the "Shenzhen Stock Exchange Stock Listing Rules" and the "Articles of Association of Yunnan Tin Company Limited," this auction participation is within the board's approval authority and does not require submission to the shareholders' meeting for review. This auction participation does not constitute a related party transaction. According to the "Measures for the Administration of Major Asset Restructuring of Listed Companies," this auction participation does not constitute a major asset restructuring.
II. Basic Information of the Transferor
- Name of Transferor: Chifeng Dajingzi Mining Co., Ltd.
- Nature of Enterprise: Limited liability company (state-owned holding enterprise)
- Unified Social Credit Code: 91150424793634619K
- Legal Representative: Liu Gang
- Registered Capital: RMB 35.04 million
- Registered Address: Dajing Town, Linxi County, Chifeng City, Inner Mongolia Autonomous Region
- Main Business: Mining selection, mineral product smelting (operating with a mining license within its validity); general contracting for mining engineering; processing and distribution of metal products; distribution of mineral products.
- Shareholding Structure: