ZHIXIN GP HLDG (02187) Subsidiary Acquires Remaining Sand and Land Use Rights

Stock News01-21

ZHIXIN GP HLDG (02187) announced that on January 21, 2026, its wholly-owned subsidiary, ZHIXIN New Energy Technology (Longyan) Co., Ltd. (ZHIXIN New Energy), entered into a sales contract with the Longyan Yongding District Natural Resources Bureau to acquire the remaining sand and soil from approximately 3.8 million cubic meters of glass-use vein quartz ore at the Shizhaibei mining area in Yongding District, Longyan. This acquisition follows a successful competitive bid on January 16, 2026.

Prior to this, on September 26, 2025, and October 17, 2025, ZHIXIN New Energy signed contracts for the grant of state-owned construction land use rights with the Yongding District Natural Resources Bureau. These contracts secured the land use rights for two adjacent industrial plots, which will be used to construct factories and production lines for the screening, extraction, and comprehensive utilization of the remaining sand and soil from the glass-use vein quartz ore.

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