---
title: "CHINATUNGSTEN HIGHTECH: Plans to acquire a stake in Yuanjing Tungsten Industry for 821 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262759505.md"
description: "On October 26th, CHINATUNGSTEN HIGHTECH announced that it intends to acquire a 99.9733% equity stake in Hengyang Yuanjing Tungsten Industry Co., Ltd. held by Minmetals Tungsten for a cash payment of 821 million yuan, with all required funds sourced from the company's own funds. This transaction constitutes a related party transaction and is subject to approval by the company's shareholders' meeting"
datetime: "2025-10-26T08:46:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262759505.md)
  - [en](https://longbridge.com/en/news/262759505.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262759505.md)
generator: "portal-rs"
---

# CHINATUNGSTEN HIGHTECH: Plans to acquire a stake in Yuanjing Tungsten Industry for 821 million yuan

On October 26th, CHINATUNGSTEN HIGHTECH announced that it plans to acquire 99.9733% equity of Hengyang Yuanjing Tungsten Industry Co., Ltd. held by Minmetals Tungsten for a cash payment of 821 million yuan, with all required funds sourced from the company's own funds. This transaction constitutes a related party transaction and is subject to approval by the company's shareholders' meeting

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**