Yiliang Chihong Mining Co., Ltd. agreed to acquire Zhaotong Chihong Mining Industry Co., Ltd from Yunnan Chihong Zinc & Germanium Co., Ltd. (SHSE:600497) for approximately CNY 220 million on May 20, 2015. After the transaction, Zhaotong Chihong Mining Industry Co., Ltd will operate as a wholly owned subsidiary of Yiliang Chihong Mining Co., Ltd. The transaction was approved by Board of Yunnan Chihong Zinc & Germanium Co., Ltd.

Yiliang Chihong Mining Co., Ltd. completed the acquisition of Zhaotong Chihong Mining Industry Co., Ltd from Yunnan Chihong Zinc & Germanium Co., Ltd. (SHSE:600497) on June 25, 2015.