Shandong Gold Proposed acquisition of Yintai Gold 20.93%of the equity price of 12.76 billion yuan broadcast articles

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Beijing Business Daily (Reporter Ding Ning) On the evening of January 19th,突发新闻 Shandong Gold (600547) issued an announcement saying that the company intends to acquire China Yintai Investment Co., Ltd. and Shen Guojun in total by agreement transfer method (hereinafter referred to as "Intime Gold ") 581 million shares, accounting for about 20.93%of the total shares of the target company, and the transfer price of the target shares was 12.76 billion yuan.

The announcement shows that after the transaction is completed, Shandong Gold will hold 20.93%of Intime Gold, becoming the controlling shareholder of Intime Gold.The actual controller of Intime Gold will be changed to the State -owned Assets Supervision and Administration Commission of the Shandong Provincial People's Government.

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