Securities Times e Company, Yintai Gold (000975) announced on the evening of September 14 that the company acquired 60% of the shares held by Zhang Hui in Mangshi Huasheng Gold Mine Development Co., Ltd. the transaction price is 1.037 billion yuan, so far, the company has completed the above equity transfer change registration procedures. The main business of Huasheng Gold Mine is synergy gold mining and smelting, and the core asset is the mining right of Mangshi Gold Mine. It has obtained a mining license. The current production scale is 100000 tons / year, and it is applying for a change to 1.2 million tons / year. As of December 31, 2020, Mangshi Gold Mine has 23.225 million tons of gold resources, 70.67 tons of gold and metal, and the average grade of Au is 3.04g / ton.