Aluminum Copper Lead

Yunnan Tin to acquire 2.72% equity of Yunnan Hualian Zinc and Indium

Yunnan Tin announced on January 22 that the company planned to purchase 2.72% equity of Yunnan Hualian Zinc and Indium Stock Co., Ltd. from Yunnan Tin Holding with the price of about RMB267 million (USD41.20 million). After the acquisition, the company will hold 81.03% equity of Yunnan Hualian Zinc and Indium and Yunnan Tin Holding will become the parent company of its controlling shareholder. This acquisition was a significant measure for strong shareholder to pour high-quality assets into a listed company.