Sinomine Resource Group Announces Completion of Merger with Wholly Owned Subsidiary

Deep News09-27

On September 27, Sinomine Resource Group Co.,Ltd. (002738) issued an announcement stating that the company held the 21st meeting of the sixth board of directors on April 9, 2026, at which a proposal to absorb and merge its wholly owned subsidiary Ningbo Xiongshi International Trade Co., Ltd. was reviewed and approved.

Recently, the company received notice from the Beijing administrative approval authority that the relevant industrial and commercial, tax, and other procedures have been completed, and that all assets, creditor's rights and debts, business, and all other rights and obligations of the subsidiary have been lawfully assumed by the company.

This absorption and merger is conducive to optimizing the company's management structure, integrating resources, and reducing costs while improving efficiency, and it will not have a material impact on the company's financial condition.

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