Huaxi Nonferrous Metals (600301.SH): The actual controller plans to change to China Minmetals stock to resume trading on September 21

Zhitong Finance App News, Huaxi Nonferrous (600301.SH) issued an announcement. On September 18, 2026, the company's indirect controlling shareholder, Guangxi Beibu Gulf International Port Group Co., Ltd. (“Beibu Gulf Port Group”), Guangxi Key Metals Special Equity Investment Fund Partnership (limited partnership), and China Minmetals jointly signed the “Cooperation Framework Agreement on Guangxi Key Metals Industry Development Group Co., Ltd.”. China Minmetals plans to increase the capital of Guangxi Key Metals Group through a combination of cash or non-cash assets to obtain Guangxi Key Metals Group Metals Group held 51% of the shares and actually controlled Guangxi Key Metals Group after the transaction.

After the transaction is completed, the controlling shareholder of the company will remain Guangxi Huaxi Group Co., Ltd., the indirect controlling shareholder will be adjusted from Beibu Gulf Port Group and Guangxi Key Metals Group to Guangxi Key Metals Group, and the actual controller will be changed from the Guangxi Zhuang Autonomous Region People's Government State-owned Assets Supervision and Administration Committee to China Minmetals. China Minmetals will indirectly hold more than 30% of the shares already issued by Huaxi Nonferrous Metals through Guangxi Key Metals Group, thus triggering a full offer and acquisition obligation. Trading of the company's shares will resume from the opening of the market on September 21, 2026 (Monday).