Guangxi Yuegui Guangye Holdings Co., Ltd. (SZSE:000833) entered into equity transfer framework agreement to acquire 60% stake in Dexin (Qingyuan) Mining Co., Ltd. from Guangxi Guangye Yuegui Investment Group Co., Ltd. for CNY 230 million on April 15, 2024. Dexin (Qingyuan) reported total assets of CNY 352.9 million and net assets of CNY 90.4 million as of April 30, 2024. The transaction is conditional on approval form the shareholders of Guangxi Yuegui Guangye and signing of equity transfer matter by Dexin (Qingyuan). The transaction is approved by the Guangxi Yuegui Guangye Holdings Co., Ltd.'s general manager office meeting.

Guangxi Yuegui Guangye Holdings Co., Ltd. (SZSE:000833) completed the acquisition of 60% stake in Dexin (Qingyuan) Mining Co., Ltd. from Guangxi Guangye Yuegui Investment Group Co., Ltd. on August 9, 2024.