Jinrui Mining's actual controller changes to State Power Investment Corporation

NightAirdropper · 2026-03-10T07:30:38+00:00

Jinrui Mining announced that the major shareholder of the controlling shareholder, Qinghai Provincial Investment, Huanghe Company, has signed an agreement with its concerted actors. Huanghe Company will exercise substantial control over Qinghai Provincial Investment, and the actual controller will change to State Power Investment Corporation Limited.

NightAirdropper

2026-03-10 07:30:38

Abstract generation in progress

On March 9, Jinrui Mining (600714.SH) announced that on March 6, the company’s controlling shareholder, Qinghai Provincial Investment, its largest shareholder, Yellow River Company, and its concerted actors Qinghai Guotou and Qinghai Fatuo signed a “Concerted Action Agreement.” Through this agreement, Yellow River Company has achieved substantive control over Qinghai Provincial Investment, thereby indirectly triggering a change in the company’s actual controller and affecting equity interests. After this change, Qinghai Provincial Investment remains the company’s controlling shareholder, Yellow River Company will become the company’s indirect controlling shareholder, and the company has shifted from having no actual controller to being controlled by State Power Investment Corporation Limited (referred to as “SPIC”).

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