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Industrial Bank plans to acquire 100% equity of Sunshine Investment for 164 million yuan
Mars Finance News: On May 6, Industrial Bank announced that its wholly owned subsidiary, Tibet Shannan Antimony Gold Mining Co., Ltd., has established a wholly owned subsidiary, Tibet Xinda Mining Co., Ltd., which plans to use its own funds and raised funds totaling RMB 16,400.00 million to acquire 100% of the equity interest in Tibet Sunshine Mining Investment Co., Ltd. held by Zhang Jing and Zhang Ying. After this transaction is completed, Xinda Mining will hold 100% of the equity interest in Sunshine Investment, and Sunshine Investment will be included in the scope of the company’s consolidated financial statements. This transaction does not constitute a related-party transaction and does not constitute a major asset restructuring.