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on september 8, the reporter learned from china minmetals corporation that on september 7, china minmetals and its subsidiaries signed an agreement with the state-owned assets supervision and administration commission of qinghai province and qinghai state-owned assets investment management co., ltd. to jointly establish china salt lake industry group co., ltd. (tentative name). after the transaction is completed, the controlling shareholder of qinghai salt lake industry co., ltd. (qinghai salt lake co., ltd.) will be changed from qinghai state investment to china salt lake group, and the actual controller will be changed from qinghai state-owned assets supervision and administration commission to china minmetals.

this is a corner of the qarhan salt lake taken in june 2023. over the years, salt lake development companies, mainly salt lake co., ltd., have promoted the efficient development and utilization of salt lake resources through technological innovation. photo by xinhua news agency reporter pan binbin

relevant person in charge of china minmetals said that after the establishment of china salt lake group, it will be based on the unique salt lake resources of qinghai province, give full play to china minmetals' advantages in industry, talents, technology, management, etc., comprehensively improve the level of comprehensive development and utilization of resources, accelerate the pace of "going out", realize the green, efficient and circular development of salt lake resources, and strengthen the guarantee capacity of potassium and lithium resources in my country. after the establishment, china salt lake group will be committed to becoming a world-class salt lake industry group, leading industrial innovation through technological innovation, driving the construction and development of world-class salt lake industrial bases, promoting the construction of the "four places" of qinghai province's industry, and contributing to china's modernization.

according to the announcement released by salt lake co., ltd., this transaction still needs to be reported to the competent state-owned assets supervision and management department for review and approval by the relevant parties, the appraisal report involved in this transaction still needs to be completed for state-owned assets filing, and this transaction still needs to pass the operator concentration review.

information from china minmetals shows that as a large-scale central enterprise in my country's metal mining industry, china minmetals is strong in the field of metal minerals, has a comprehensive layout in the field of new energy, and has successful practices and unique advantages in the development and utilization of salt lake resources. (reporter wang xi)

(editor: sun dan)