[ET Net News Agency, 21 December 2021] Zijin Mining Group Co., Ltd. (02899) said its
wholly-owned subsidiary Zijin International Trading Co., Ltd. acquired the shares of
Jiayou International Logistics Co., Ltd. (Jiayou International) through the method of
agreement of transfer at a consideration of RMB18.873 per share (tax inclusive). The total
amount of the investment was RMB850,228,650. The total number of shares acquired was
45,050,000 (representing approximately 14.21% of the total share capital of Jiayou
International).
After the completion of the share transfer, the company will hold a total of 67,275,024
shares of Jiayou International, representing approximately 21.23% of the total share
capital of Jiayou International. Jiayou International is a cross-border multimodal
transport, integrated logistics services and supply chain trading services provider. (RC)