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Chuan Fa Longmang: intends to acquire 51% equity of Guo Tuo Mining held by the controlling shareholder for a total of 108 million yuan
Jinshi Data News on October 25th, Chuanfa Longmang announced that the company plans to acquire 51% equity of Guotuo Mining held by Advanced Materials Group, the controlling shareholder, for 108 million yuan, and indirectly obtain detailed exploration and mining rights of Simanco Gou Lithium Pegmatite Mine. After the completion of this transaction, the company will directly hold Guotuo Mining and indirectly hold Simanco Gou Lithium Pegmatite Mine.