Minmetals Development (600058.SH): Application for major asset swap, issuance of shares and payment of cash to purchase assets accepted by the Shanghai Stock Exchange

Minmetals Development (600058.SH) announced that the company intends to acquire, through asset swap, issuance of shares and payment of cash, a 100% equity interest in Minmetals Mining Holdings Co., Ltd. and a 100% equity interest in Luzhong Mining Co., Ltd. held by China Minmetals Corporation, and to raise supporting funds by issuing shares to no more than 35 specific investors. Recently, the company received the "Notice on Accepting the Application of Minmetals Development Co., Ltd. for Purchasing Assets by Issuing Shares and Raising Supporting Funds" issued by the Shanghai Stock Exchange (the "SSE"). The SSE, in accordance with relevant regulations, checked the application documents related to this transaction submitted by the company and considered the application documents complete and in compliance with statutory form, and decided to accept them and conduct review in accordance with the law.