Hainan Mining Co., Ltd. (SHSE:601969) agreed to acquire 4.5% stake in Fosun Group Finance Corporation Limited from Nanjing Steel (Group) Co., Ltd. for CNY 86.49 million on November 15, 2023. On November 15, 2023, Hainan Mining Co., Ltd. the 12th meeting of the 5th board of directors, which reviewed and approved the transaction. it is necessary to report to the Shanghai Supervision Bureau of the State Financial Supervision and Administration Bureau and complete relevant filing procedures.