Huaneng Trust Yuanhe No. 5 Collective Fund Trust Plan, managed by Huaneng Guicheng Trust Corp.,Ltd. cancelled the acquisition of a 5.77% stake in Chifeng Jilong Gold Mining Co.,Ltd. (SHSE : 600988 from Li Jinyang.
November 13, 2022
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Huaneng Trust Yuanhe No. 5 Collective Fund Trust Plan, managed by Huaneng Guicheng Trust Corp.,Ltd. signed a Share Transfer Agreement to acquire 5.77% stake in Chifeng Jilong Gold Mining Co.,Ltd. (SHSE:600988) from Li Jinyang for CNY 1.6 billion on March 30, 2022. As part of the transaction, Huaneng Trust Yuanhe No. 5 Collective Fund Trust Plan, managed by Huaneng Guicheng will acquire 96 million shares.
Huaneng Trust Yuanhe No. 5 Collective Fund Trust Plan, managed by Huaneng Guicheng Trust Corp.,Ltd. cancelled the acquisition of a 5.77% stake in Chifeng Jilong Gold Mining Co.,Ltd. (SHSE : 600988 from Li Jinyang on November 14, 2022.
Chifeng Jilong Gold Mining Co., Ltd is a China-based company, principally engaged in gold selecting and sales, and comprehensive recycling utilization of resources. Its recycling businesses include recycling of nonferrous metals resources, and dismantling business of waste electrical and electronic products. The Company's main products include gold, silver, bismuth and palladium, and their alloys. The Company conducts its business mainly in domestic markets.
Huaneng Trust Yuanhe No. 5 Collective Fund Trust Plan, managed by Huaneng Guicheng Trust Corp.,Ltd. cancelled the acquisition of a 5.77% stake in Chifeng Jilong Gold Mining Co.,Ltd. (SHSE : 600988 from Li Jinyang.
CHIFENG JILONG GOLD MINING CO.,LTD. 
