Gelonghui, January 19丨Shengtun Mining (600711.SH) announced that in order to further implement the company's integrated operation of mining, selection and metallurgy in the African resource sector, optimize the governance structure, and enhance the company's operational development quality and competitiveness, in line with the company's actual development situation, Shengtun New Materials plans to sign an “Equity Transfer Agreement” with United Century to continue to acquire the remaining 14% of Shengtun Global Resources shares held by United Century through cash. The valuation of this transaction was appropriately reduced in accordance with the previous transaction. After negotiation between the parties to the transaction, the transaction price was finally determined to be 180 million yuan. After the acquisition is completed, Shengtun New Materials, a wholly-owned subsidiary of the company, will hold 100% of Shengtun Global Resources's shares.