Yunnan copper Industry buys Jinfeng copper industry 1.1 billion assets

Yunnan copper Industry (000878) today, the company holding subsidiary Chifeng Copper Nonferrous Metals Co., Ltd. will acquire Chifeng Jinfeng Copper Co., Ltd. 1.154 billion yuan assets, including but not limited to Jinfeng company's housing buildings, machinery and equipment,　　Jinfeng Copper owned subsidiary of Chifeng Jinfeng Thermal Limited liability company and Chifeng Jinfeng Railway Material Transfer Co., Ltd., as well as Jinfeng Copper to its subsidiary of Chifeng Jinfeng Thermal Limited liability company, Chifeng Jinfeng Railway Material Transfer Co., Ltd. receivable debt and other assets. Deduct Jinfeng copper industry to estimate 163 million yuan in the value of the assets as the offset Chifeng copper copper to Jin Jin Jin's investment section 163.5 million yuan, use of 390 million yuan to assess the value of assets for the return of the Prace Cloud copper payment of the advance of 390 million yuan, to be determined by the evaluation of 166 million yuan assets to the Chifeng copper Bank to increase capital, and finally confirmed that Chifeng copper should be funded to buy The total amount of production value is 581 million yuan.