Zijin Mining Mr Chen would tree accumulated reduction of 147 million shares

Washington Zijin Mining (601899) on May 25 received the company's shareholders Chen Fashu submitted a reduction notice, Chen Fashu from April 27, 2009 to May 22, 2009 through the SSE bulk trading system reduction company 15.7 million shares, Through the Shanghai Stock Exchange Auction System, the cumulative reduction of 131 million shares, total reduction of 147 million shares, accounting for the total number of shares of 1.01%.　　Within this range, the average price of Zijin mining is 8.84 yuan/share, the estimated Chen Fashu total is about 1.299 billion yuan. After the reduction, Mr Chen would tree holding Zijin mining Unlimited sales conditions of 301 million shares, accounting for 2.07% of the total number of shares of the company; its concerted action people are still holding 1.729 billion shares of the company unlimited sales conditions of the circulation of shares, accounting for the total number of 11.89%,　　They all hold 2.03 billion shares of the company's unlimited selling conditions, accounting for 13.96% of the total stock of the company. It is noteworthy that, May 10, the company through its wholly-owned subsidiaries and Chen Fashu signed a share purchase agreement. Under the agreement, Chen Fashu took over 7.01% H shares of Tsingtao Brewery as a natural person for 236 million dollars.