Inner Mongolia Xingye Silver & Tin Mining (SHE:000426) plans to dispose of 60% of its subsidiary, Xilingol League Shuangyuan Nonferrous Metals Smelting, for 207.7 million yuan, according to a Shenzhen bourse filing on Wednesday.
Chenzhou Xiangxiang Logistics and Hainan Zhuyuan Industrial will buy the stake, acquiring 30% each.
The Chinese mining company's shares fell over 4% during the afternoon trade.
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