China Minmetals Rare Earth Co.Ltd(000831) announced that the company received a notice from China Minmetals Group Co., Ltd. (hereinafter referred to as “China Minmetals”) on December 22, 2021, and approved the strategic reorganization of relevant rare earth assets by Aluminum Corporation Of China Limited(601600) Group Co., Ltd. (hereinafter referred to as “Chinalco”), China Minmetals and Ganzhou Municipal People’s government after study by the SASAC of the State Council and approval by the State Council, A new company controlled by the state owned assets supervision and Administration Commission of the State Council, the equity of China rare earth Co., Ltd. held by Chinalco group, the equity of China Minmetals Rare Earth Co.Ltd(000831) and China Minmetals Rare Earth Co.Ltd(000831) Group Co., Ltd. held by the affiliated enterprises of China Minmetals, as well as China Southern rare earth group Co., Ltd., Jiangxi Ganzhou rare metal Exchange Co., Ltd The equity of Ganzhou Zhonglan rare earth new material technology Co., Ltd. is transferred to the new company as a whole. After this reorganization, the controlling shareholder of the company is still China Minmetals Rare Earth Co.Ltd(000831) Group Co., Ltd., and the actual controller will be changed from China Minmetals to a new company.
[ company report ]
China Minmetals Rare Earth Co.Ltd(000831) the actual controller plans to participate in the strategic reorganization of relevant rare earth assets
China Minmetals Rare Earth Co.Ltd(000831) announced that the company received a notice from China Minmetals Group Co., Ltd. on September 23, 2021, Aluminum Corporation Of China Limited(601600) Group Co., Ltd., China Minmetals Group Co., Ltd. and Ganzhou Municipal People’s government are planning the strategic reorganization of relevant rare earth assets. The relevant scheme has not been finalized and needs to be approved by the relevant competent authorities. The company said that the strategic restructuring is in the planning stage, and the relevant matters are uncertain. Please pay attention to the investment risk.
China Minmetals Rare Earth Co.Ltd(000831) : since the end of June, the prices of some rare earth products have increased
China Minmetals Rare Earth Co.Ltd(000831) disclosed the announcement of abnormal fluctuations in stock trading, saying that since the end of June, the prices of some rare earth products have increased, and the attention of Listed Companies in rare earth and related industries has continued to increase. The company has no information that should be disclosed but not disclosed.
(Shanghai Securities News · China Securities Network)
