Guocheng Mining to buy stake in nonferrous metal firm

Guocheng Mining to buy stake in nonferrous metal firm

The precious metals concept continues to adjust, Guocheng Mining hits the limit down

In the afternoon, the precious metals concept continued to adjust, Guocheng Mining hit the limit down, and Xingye Silver Tin, Shengda Resources, Zhongjin Gold, CHIFENG GOLD, and Zijin Mining all fell more than 4%

Guocheng Mining provides a financing lease guarantee of 180 million for its subsidiary Guocheng Lithium

Guocheng Mining provides a financing lease guarantee of up to 180 million yuan for its subsidiary Guocheng Lithium, which is within the approved guarantee limit of 1.55 billion yuan and does not require further review. Guocheng Lithium was established in 2023, with Guocheng Mining holding a 75% stake. As of June 30, Guocheng Lithium's total assets amounted to 366.4591 million yuan, and total liabilities were 126.4115 million yuan. This guarantee will help Guocheng Lithium's development, and the risks are controllable

Guocheng Mining has established a logistics company in Inner Mongolia

According to the Qichacha APP, recently, Inner Mongolia Guocheng Logistics Co., Ltd. was established, with Wu Yujun as the legal representative and a registered capital of 20 million yuan. The business scope includes: supply chain management services; loading and unloading; domestic freight forwarding; domestic container freight forwarding; retail of auto parts, etc. Qichacha's equity penetration shows that the company is wholly owned by Guocheng Mining indirectly

Gold concept stocks continue to rise, with WESTERN REGION GOLD and Baiyin Nonferrous hitting the daily limit, while Hunan Silver, Guocheng Mining, Zijin Mining, and Industrial Bank Silver Tin follow suit