Xiyegufen: 177 million yuan for the acquisition of 100% equity of Chifeng Dajingzi Tin Industry.

Xiyegufen announced that on June 15, the company signed the "Property Transaction Contract" with Dajingzi Mining, transferring 100% equity of Dajingzi Tin Industry at a base price of 177 million yuan. The transfer will be made in a lump sum payment, which will be transferred to the designated settlement account within 1 working day from the effective date of the contract. After the completion of this transaction, Dajingzi Tin Industry will be included in the consolidated financial statements. This acquisition aims to integrate production capacity, promote industry synergy, and strengthen the company's leading position in the global tin industry.