---
title: "WILLING CORP. subsidiary won 74.3% equity of Jiayu Mining for 220 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/241028847.md"
description: "WILLING CORP.'s subsidiary Changling Mining won 74.3% of the equity of Jiayu Mining for 220 million yuan. The company plans to optimize its business structure through acquisitions and expand into the non-ferrous metal mineral resources sector, primarily applied in industries such as military and aerospace. This move aims to enhance overall performance, striving for a comprehensive increase in operating revenue and profitability by 2025"
datetime: "2025-05-20T11:46:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/241028847.md)
  - [en](https://longbridge.com/en/news/241028847.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/241028847.md)
generator: "portal-rs"
---

# WILLING CORP. subsidiary won 74.3% equity of Jiayu Mining for 220 million yuan

According to the Zhitong Finance APP, WILLING CORP. (002667.SZ) announced that its controlling subsidiary Tianjin Changling Mining Partnership (Limited Partnership) ("Changling Mining") successfully acquired 74.3% of the equity of Hunan Linwu Jiayu Mining Co., Ltd. ("Jiayu Mining") for 220 million yuan on the JD asset trading platform.

The announcement stated that the company's main business focuses on the new energy lithium industry chain, which has faced significant pressure on revenue and profitability over the past two years due to the continued slump in lithium carbonate prices. To further optimize its business structure, enhance overall performance, and achieve diversification, the company plans to actively expand into the non-ferrous metal mineral resources sector through the acquisition of Jiayu Mining's equity. The main minerals, such as tin and tungsten, are primarily used in military, aerospace, semiconductor, and new energy materials fields. Leveraging the company's rich experience and professional team advantages in lithium resource development and beneficiation technology, it aims to assist Jiayu Mining in accelerating its production resumption process, striving for a comprehensive improvement in revenue and profitability by 2025

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