China Color Co., Ltd. (000758.SZ) plans to acquire shares in Raura to acquire Raura zinc polymetallic mine project in Peru

Zhitong Finance App News, China Color Co., Ltd. (000758.SZ) issued an announcement. China Color Singapore Co., Ltd., a wholly-owned subsidiary of the company (English name “NFCMETALPTE.LTD.” , hereinafter referred to as “Neutral Singapore”) and Breca Minería S.A.C. (hereinafter referred to as “Breca Company” or “Counterparty”) signed an “Equity Sale Agreement” (hereinafter referred to as “SPA” or “Transaction Agreement”).

China Color Singapore acquired a total of approximately 99.9004% of the common shares and investment shares of Compañía Minera Raura S.A. (hereinafter referred to as “Raura Company” or “Target Company”) held by Breca and its affiliates for US$106 million. The purchase price was confirmed by reference to the target company's valuation results as of July 31, 2025. The main assets of the target company are the Raura zinc polymetallic mine in Peru (hereinafter referred to as the “project” or “this project”) and a hydropower plant to supply electricity to the mine. On December 19, 2025, Beijing time, China Color Singapore signed a SPA with Breca. After the acquisition is completed, China Color Singapore will hold 99.9004% of the shares in the target company.

The successful implementation of this acquisition will effectively enhance the company's ability to guarantee mineral resources, help boost the company's core competitiveness, and promote the high-quality and sustainable development of the lead-zinc industry chain. After the transaction is completed, the normal operation of the Ruara zinc polymetallic ore project will have a positive impact on the company's future operating results.