Chengtun Mining Group Co., Ltd. announced that it has received CNY 815.999985 million in funding from Xiamen Xindeco Investment Management Co., Ltd., Xiamen C&D Inc., China Nonferrous Asset Management, Trafigura Investment Co., Ltd., Shandong Hi-Speed Investment Fund Management Co., Ltd., Fujian Huamin Import and Export Co., Ltd
March 30, 2023
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On March 31, 2023, Chengtun Mining Group Co., Ltd. closed the transaction. The company amended the terms of the transaction. The transaction has been approved by China Securities Regulatory Commission.
The transaction included the participation from new investors Fujian Huamin Import & Export acquire 170,711,294 shares, Xiamen Xindeco Investment Management, Xiamen C&D,Investor, China Nonferrous Asset Management, Trafigura Investment (China) and Yantai Suyuan Equity Investment Fund Partnership Enterprise (Limited Partnership), a fund managed by Shandong Hi-Speed Investment Fund Management Co., Ltd., individual investor Wei Minchai.
CHENGTUN MINING GROUP CO.LTD is a China-based company, principally engaged in the trading and mining-dressing of nonferrous metal products. The Company is engaged in the mining of copper, tin, tungsten, zinc, lead, gold and silver, as well as minerals and non-ferrous metals integrated trading business. The Company is also engaged in industrial value-added services business, including geological exploration, evaluation of resources value and inventory management, among others.
Chengtun Mining Group Co., Ltd. announced that it has received CNY 815.999985 million in funding from Xiamen Xindeco Investment Management Co., Ltd., Xiamen C&D Inc., China Nonferrous Asset Management, Trafigura Investment Co., Ltd., Shandong Hi-Speed Investment Fund Management Co., Ltd., Fujian Huamin Import and Export Co., Ltd
CHENGTUN MINING GROUP CO., LTD. 
