Chifeng Gold: Li Jinyang and its concerted parties plan to transfer 12.73% of the company's shares through an agreement

Chifeng Gold announcement: information-disclosure obligee Li Jinyang and its acting-in-concert parties Zhejiang Hanfeng Venture Capital Partnership (Limited Partnership) plan to transfer, by way of agreement-based transfer, the 242 million shares they collectively hold in the company (representing 12.73% of the company’s total share capital) to Zijin Mining. After this change in equity is completed, Zijin Mining will become the company’s controlling shareholder, and the Finance Bureau of Shanghang County will become the company’s actual controller.

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