Shengda Resources announced that it plans to use 500 million yuan in cash to acquire 60% of the shares of Yichun Jinshi Mining Co., Ltd., which are held by Dai Hongbo, Song Heming, and Liang Zhengbin in total. After the transaction is completed, Jinshi Mining will become the company's holding subsidiary. The core assets of Jinshi Mining are prospecting rights for 460 Highland Rock Gold Mine exploration in Xinlin District, Daxinganling, Heilongjiang Province.

Shengda Resources announced that it plans to use 500 million yuan in cash to acquire 60% of the shares of Yichun Jinshi Mining Co., Ltd., which are held by Dai Hongbo, Song Heming, and Liang Zhengbin in total. After the transaction is completed, Jinshi Mining will become the company's holding subsidiary. The core assets of Jinshi Mining are prospecting rights for 460 Highland Rock Gold Mine exploration in Xinlin District, Daxinganling, Heilongjiang Province.