Inner Mongolia Xingye Mining Co.,Ltd completed the acquisition of 70% stake in Tibet Bosheng Mining Development Co., Ltd from Gansu Qianjinda Mining Development Group Co., Ltd.
May 19, 2023
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Inner Mongolia Xingye Mining Co.,Ltd (SZSE:000426) acquired 70% stake in Tibet Bosheng Mining Development Co., Ltd from Gansu Qianjinda Mining Development Group Co., Ltd. for CNY 280 million on April 27, 2023. The transaction has been approved by board of Inner Mongolia Xingye Mining Co.,Ltd (SZSE:000426).
Inner Mongolia Xingye Mining Co.,Ltd (SZSE:000426) completed the acquisition of 70% stake in Tibet Bosheng Mining Development Co., Ltd from Gansu Qianjinda Mining Development Group Co., Ltd. on May 19, 2023.
Inner Mongolia Xingye Silver&Tin Mining Co Ltd, formerly Inner Mongolia Xingye Mining Co Ltd, is a China-based holding company mainly engaged in the mining, dressing and smelting of non-ferrous and precious metals. The Company is mainly engaged in five businesses. The mining business is engaged in the mining, selection and sales of non-ferrous metals. The investment business is mainly engaged in equity investment management business and enterprise merger and acquisition business. The trading business is engaged in the sales of metal and non-ferrous metal mineral products. The research and development business is engaged in the research, technology research and development and transformation of processes such as prospecting, mining and dressing, as well as comprehensive recycling of tailings. The smelting business is engaged in lead smelting, recycling and sales of precious metals. The Company's main products are silver, tin, zinc, lead, iron, copper and other non-ferrous metals.
Inner Mongolia Xingye Mining Co.,Ltd completed the acquisition of 70% stake in Tibet Bosheng Mining Development Co., Ltd from Gansu Qianjinda Mining Development Group Co., Ltd.
INNER MONGOLIA XINGYE SILVER &TIN MINING CO.,LTD 
