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china news service, beijing, september 9 (reporter pang wuji) the reporter learned from china minmetals corporation (hereinafter referred to as china minmetals) on the 9th that china minmetals and its subsidiaries, qinghai state-owned assets supervision and administration commission, qinghai state-owned assets investment management co., ltd. (hereinafter referred to as qinghai state-owned assets investment) recently signed an agreement in xining to jointly establish china salt lake industry group co., ltd. (tentative name, subject to the final approved registration name, hereinafter referred to as china salt lake group).

after the transaction is completed, the controlling shareholder of qinghai salt lake industry co., ltd. (hereinafter referred to as salt lake co., ltd.) will be changed from qinghai state-owned investment to china salt lake group, and the actual controller will be changed from qinghai provincial state-owned assets supervision and administration commission to china minmetals.

on the evening of the 8th, the listed company china salt lake co., ltd. issued a relevant announcement. according to the announcement, the registered capital of china salt lake group is 10 billion yuan, and the equity structure is planned to be: china minmetals holds 53%; qinghai provincial government state-owned assets supervision and administration commission holds 18.73%; qinghai state investment group holds 28.27%. china salt lake co., ltd. stated that after the completion of this equity change, qinghai state investment group and its concerted actor wuhu xinzeqing will no longer directly hold shares in the company, and china salt lake group directly holds 12.54% of its current total share capital.

china minmetals plans to jointly establish china salt lake group with qinghai province. the picture shows the qarhan salt lake, which belongs to china salt lake group. (photo courtesy of china minmetals)