Tongling Nonferrous Metals Group Finance Co., Ltd. announced that it will raise CNY 300,000,000 in an equity funding on December 28, 2023. The transaction will include participation from returning investors, Tongling Nonferrous Metals Group Co.,Ltd. by investing CNY 90,000,000 and Tongling Nonferrous Metals Group Holdings Co.,Ltd by investing CNY 210,000,000. The transaction has been approved at the 8th of the tenth directorate.

Upon the completion, the companies registered capital will increase from CNY 1,100,000,000 to CNY 1,400,000,000.