Pak Tak International Limited (SEHK:2668) agreed to acquire Fushun Hanking Xinzhou Mining. Co., Ltd. from Wu Qi, Wu Shasha and Wu Yumei for CNY 290 million on February 29, 2024. As of December 31, 2023, Fushun Hanking Xinzhou Mining.

Co., Ltd reported net loss of CNY 69 million, and net assets of CNY 270 million. The deal is subject to regulatory approval, and consummation of due diligence. The deal is expected to be completed by June 30, 2024.