B · Normal
[Huaxi Nonferrous Metals: The actual controller is planned to be changed to China Minmetals and the stock will resume trading next Monday] On September 18, Huaxi Nonferrous Metals (600301.SH) announced that China Minmetals plans to increase capital in Guangxi Critical Metals Group in the form of cash or a combination of cash and non-cash assets, acquire 51% of the equity of Guangxi Critical Metals Group, and actually control Guangxi Critical Metals Group after the transaction. After the completion of this transaction, the company's controlling shareholder will still be Guangxi Huaxi Nonferrous Group Co., Ltd., and the indirect controlling shareholder will be adjusted from Beibu Gulf Port Group and Guangxi Critical Metals Group to Guangxi Critical Metals Group. The actual controller will be changed from the State-owned Assets Supervision and Administration Commission of the People's Government of Guangxi Zhuang Autonomous Region to China Minmetals. China Minmetals' indirect interest in Huaxi Nonferrous Metals through Guangxi Critical Metals Group will exceed 30% of the issued shares of Huaxi Nonferrous, thus triggering a comprehensive tender offer obligation. After the company applies to the Shanghai Stock Exchange, the company's shares will resume trading on September 21, 2026 (Monday).
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