Fangda Special Steel to acquire 100% equity of Fangda Enterprise Investment

Fangda Special Steel announced on October 16 that, as a limited partner of Nanchang Huxu, the company plans to exit Nanchang Huxu and acquire 100% equity of Jiangxi Fangda Steel Group Enterprise Investment Co.Asian Metal Copyright70 million, while the 0.Asian Metal Copyright, Ltd.Asian Metal Copyright .Asian Metal Copyright held by Nanchang Huxu through a combination of in-kind distribution and cash purchase.Asian Metal Copyright The transaction consideration is calculated based on the listed company's paid-in capital contribution as a limited partner of Nanchang Huxu, totaling RMB3.Asian Metal Copyright Under the arrangement, 99.Asian Metal Copyright74% will be purchased in cash.Asian Metal Copyright26% of the target company's equity will be acquired via in-kind distribution, with no additional consideration required, while 0.Asian Metal CopyrightFangda Special Steel announced on October 16 that, as a limited partner of Nanchang Huxu, the company plans to exit Nanchang Huxu and acquire 100% equity of Jiangxi Fangda Steel Group Enterprise Investment Co.Asian Metal Copyright74% will be purchased in cash.Asian Metal Copyright held by Nanchang Huxu through a combination of in-kind distribution and cash purchase.Asian Metal Copyright The transaction consideration is calculated based on the listed company's paid-in capital contribution as a limited partner of Nanchang Huxu, totaling RMB3.Asian Metal Copyright5 billion USD523.Asian Metal Copyright5 billion (USD523.Asian Metal Copyright The transaction consideration is calculated based on the listed company's paid-in capital contribution as a limited partner of Nanchang Huxu, totaling RMB3.Asian Metal Copyright70 million), while the 0.Asian Metal Copyright74% stake in Fangda Enterprise Investment is priced at RMB26 million USD3.Asian Metal Copyright74% stake in Fangda Enterprise Investment is priced at RMB26 million (USD3.Asian Metal Copyright89 million.Asian Metal Copyright89 million).

Upon completion of the transaction, the company will secure a stable supply channel for vanadium-titanium resources and access to leading vanadium extraction technology, filling gaps in its business portfolio for vanadium-containing high-performance steel and vanadium deep-processing products, and driving its product mix toward higher value-added segments.

.Asian Metal Copyright70 million, while the 0Asian Metal Copyright