On March 5, Gelonghui Co., Ltd. (000758.SZ) announced that the company recently received a notice from the Beijing Equity Exchange to obtain an intended transferee, China Rare Earth Group Co., Ltd. (“China Rare Earth”) during the public listing period. After review by the Beijing Property Exchange, it was confirmed that China's rare earths met the conditions of the transfer. On March 4, 2024, the two sides signed a “Property Exchange Contract” to transfer 41.56% of Zhongse Nanfang Rare Earth's shares. The transaction price was approximately RMB 168 million.
中色股份(000758.SZ)：公开挂牌的中色南方稀土41.56%股权由中国稀土受让
China Color Co., Ltd. (000758.SZ): 41.56% of the publicly listed shares in China Southern Rare Earth were transferred by China Rare Earth
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