--- title: "HY: Plans to acquire 11% equity in Asia Pacific Mining for 300 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/249786755.md" description: "HY announced that Tibet HY plans to adjust the valuation compensation for a 40% equity stake in Asia Pacific Mining, amounting to 509 million yuan, and intends to acquire an 11% equity stake in Asia Pacific Mining held by Guangxi Dierun for 300 million yuan to achieve control. After the completion of this transaction, Asia Pacific Mining will become a subsidiary controlled by the company with a 51% stake, and will be included in the company's consolidated financial statements, which is expected to have a certain impact on the company's operating performance in 2025" datetime: "2025-07-23T13:21:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/249786755.md) - [en](https://longbridge.com/en/news/249786755.md) - [zh-HK](https://longbridge.com/zh-HK/news/249786755.md) --- # HY: Plans to acquire 11% equity in Asia Pacific Mining for 300 million yuan HY announced that Tibet HY plans to adjust the valuation compensation for a 40% equity stake in Asia Pacific Mining, amounting to 509 million yuan, and intends to acquire an 11% equity stake in Asia Pacific Mining held by Guangxi Dierun for 300 million yuan to achieve control. Upon completion of this transaction, Asia Pacific Mining will become a subsidiary controlled by the company with a 51% stake, and will be included in the company's consolidated financial statements, which is expected to have a certain impact on the company's operating performance in 2025 ### Related Stocks - [601020.CN](https://longbridge.com/en/quote/601020.CN.md) ## Related News & Research - [International Energy Agency Is Wrong To Forecast Coal's Demise](https://longbridge.com/en/news/286899857.md) - [Fortitude Gold's Isabella Pearl Connects to Power Grid | FTCO Stock News](https://longbridge.com/en/news/287121532.md) - [METALS-Copper ticks higher on Chile supply worries and hopes for Iran war deal](https://longbridge.com/en/news/287043513.md) - [Mongolia Growth Group CFO Walkden becomes CEO as Kupperman steps down](https://longbridge.com/en/news/287129845.md) - [Canadian Goldfields Closes Acquisition of Newton Gold Property in Ontario | CGMXF Stock News](https://longbridge.com/en/news/287067838.md)