Shandong Yulong Gold Co.Ltd(601028) : the subsidiary plans to acquire 100% equity of nqm gold with 903 million yuan

Shandong Yulong Gold Co.Ltd(601028) ( Shandong Yulong Gold Co.Ltd(601028) ) on May 20, it was announced that Yurun gold, a wholly-owned subsidiary of the company, planned to acquire 100% equity of nqm gold 2 Pty Ltd held by CQT, a wholly-owned subsidiary of Tianye gold, in cash, in order to obtain the control of pajinge gold mine. The parties to the transaction signed the supplementary agreement to the equity transfer agreement on the same day. After negotiation between the two parties, the transaction consideration of this transaction is 903 million yuan.