Yunnan copper industry 162 million yuan to transfer Lanping Yun Mining equity

NetEase Financial February 17 News Yunnan Copper 17th evening issued a notice said, decided to continue to transfer Lanping Yun mine 51% of the equity, listed trading price of 162 million yuan. Earlier, August 10, 2010, Yunnan Copper has been traded on the equity exchange listed on the sale of 51% of the Lanping Cloud Holdings,　　The listed transaction price is 166 million yuan, the listing transaction to date has not yet been formally concluded, as the December 31, 2009 as the benchmark date of validity of the asset assessment report, Yunnan Copper Industry decided to November 30, 2010 as the base day of the Lanping Cloud mine reassessment, to continue listing on the property exchange, listing transaction price of 162 million yuan. Lanping Silver Industry Co., Ltd. is located in Yunnan province Nu River State Lanping County, the company was founded in 2004, registered capital of 1 million yuan, mainly engaged in silver, zinc, lead, copper development.　　The shareholding structure of Lanping is: Yunnan copper industry accounted for 51%, Yunnan Wanlong Investment Co., Ltd. accounted for 41.5%; Liu Xiaolin accounted for 7.5%. Yunnan copper Industry said that the transfer of shares in the company approved by the Chinalco agreed to implement.　　The transfer is based on the investment principle of Yunnan copper industry "highlighting the main business and benefits, taking into account the need of strategic development", which is beneficial to the company concentrating its main business and ensuring the company's sustained and healthy development. The unit 17th low after the shock fell, closed down 1.84%, reported closed at 27.75 Yuan.