China Rare Earth to acquire equity in Zhongxi (Liangshan)
2026-11-02 11:32:15 [Print]
On October 30, China Rare Earth Resources and Technology Co., Ltd. announced that it had received a "Notice on the Planning of a Major Asset Restructuring" from China Rare Earth Group Co., Ltd. The company plans to acquire equity in Zhongxi (Liangshan) Rare Earth Co., Ltd. by issuing shares and raise matching funds.
The transaction is expected to constitute a major asset restructuring and a related-party transaction, but will not constitute a restructuring listing (backdoor listing). As of the announcement date, the transaction is still in the planning stage, and the company expects to disclose the transaction plan within no more than 10 trading days.
The transaction is expected to constitute a major asset restructuring and a related-party transaction, but will not constitute a restructuring listing (backdoor listing). As of the announcement date, the transaction is still in the planning stage, and the company expects to disclose the transaction plan within no more than 10 trading days.

