Xiamen Tungsten: The controlling subsidiary Xiamen Jinlu Special Alloys Co., Ltd. plans to acquire a 70% stake in Yuanxing (Xiamen) Precision Tools Co., Ltd.

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Every Jing AI Briefing: Xiamen Tungsten Co., Ltd. (SH 600549, closing price: 55.71 yuan) announced on the evening of March 24 that its holding subsidiary, Xiamen Jinlu Special Alloy Co., Ltd., plans to invest approximately 104 million yuan to acquire a 70% stake in Yuanxing (Xiamen) Precision Tool Co., Ltd. held by natural persons Gong Xing and Yao Aiping.

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(Reporter: Zeng Jianhui)

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