B · Normal
[Xinjiang Tianye: Plans to acquire 100% equity of four mining companies for RMB 865 million] On September 30, Xinjiang Tianye (600075.SH) announced that the company plans to acquire 100% equity of four wholly-owned subsidiaries held by related party Tianfu Xinye, namely Jingyi Mining, Tianbo Chenye, Group Mining, and Turpan Mining, through a non-public agreement. The total transaction amount is RMB 865 million, and the source of funds is its own funds. This transaction constitutes a related transaction and does not constitute a major asset restructuring. After the transaction is completed, the company will add 4 new limestone mines with a total annual mining capacity of 9.45 million tons and an annual mining capacity of 200,000 cubic meters of salt resources to ensure the company's supply of lime and raw salt raw materials. This transaction still needs to be submitted to the company's shareholders' meeting for review.
A-share announcement express 🕐 2026-09-30 16:09

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