Shengda Resources: Guangxi Jinshi Mining has completed 55% of the equity transfer-related business registration procedures.

K-LinePoet · 2026-02-06T01:04:33+00:00

Shengda Resources announced that Guangxi Jinshi Mining has completed the registration of the 55% equity transfer and obtained the business license. Due to a contractual dispute, the mining rights were sealed in June 2024, but the court later lifted the sealing measures.

K-LinePoet

2026-02-06 01:04:33

Abstract generation in progress

Shengda Resources Announcement: Recently, Guangxi Jinshi Mining has completed the industrial and commercial registration procedures related to the transfer of 55% of its equity and obtained the Business License issued by the Market Supervision Administration of Xiangzhou County. Due to a construction engineering survey contract dispute between Guangxi Jinshi Mining and the Guangdong Geological Prospecting Engineering Investigation Institute, the mining rights for the Miaohuang Copper-Lead-Zinc-Silver Mine in Xiaozhou County held by Guangxi Jinshi Mining were sealed in June 2024. The Xiaozhou Court issued a ruling to lift the preservation measures on assets valued at 53.7371 million yuan under Guangxi Jinshi Mining’s name and issued Civil Ruling No. (2024) Gui 1322 Minchu No. 897-3. As of the date of this announcement, the sealing of the Miaohuang Copper-Lead-Zinc-Silver Mine mining rights has been lifted.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.