Tongguan Gold Group Acquires 100% Stake in Longxin Construction Development

Reuters
2025.12.19 12:22
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Tongguan Gold Group Ltd. has agreed to acquire a 100% stake in a target company from five independent vendors. The acquisition will be settled by issuing new shares to the vendors. Upon completion, the target company will become a subsidiary of Tongguan Gold Group, with its financial results consolidated into the group's accounts. The agreement was signed on December 19, 2025.