On December 19, Gelonghui reported that SD GOLD (600547.SH) announced that, in accordance with the relevant requirements of the tier reduction plan for its holding subsidiary Shanjin International, Shanjin International's wholly-owned subsidiary Shanghai Shengwei Mining Investment Co., Ltd. (hereinafter referred to as "Shanghai Shengwei") will transfer its shares in five companies, including Hainan Shengwei Trading Co., Ltd., Jilin Banmiaozi Mining Co., Ltd., Jilin Shengda Mining Co., Ltd., Jilin Jincheng Shengxin Mining Co., Ltd., and Qinghai Dachaidan Mining Co., Ltd., to Shanjin International free of charge. Meanwhile, based on Shanjin International's overall Global Strategy development plan and actual Operation needs, Shanjin International intends to adjust the existing registered capital scale of its wholly-owned subsidiary Shanghai Shengwei, reducing it from 4,510,000,000.00 yuan to 420,799,066.81 yuan. After this capital reduction, Shanjin International will still directly Hold 100% of the shares of Shanghai Shengwei.