Inner Mongolia Xingye Silver&Tin Mining (000426.SZ) is planning to sell a 60% stake in Double Source Nonferrous to focus on its core business.

Inner Mongolia Xingye Silver & Tin Mining (000426.SZ) announced that the company plans to sell 60% equity of its wholly-owned subsidiary Xilin Gol Meng Shuangyuan Nonferrous Metal Smelting Co., Ltd. ("Shuangyuan Nonferrous") to Chengzhou Xiangxiang Logistics Co., Ltd. ("Xiangxiang Logistics") and Hainan Zhuyuan Industry Co., Ltd. ("Hainan Zhuyuan") respectively. On March 2, 2026, the company signed a Equity Transfer Agreement with the transferees, and the agreed transfer price for the equity is 208 million yuan. Regarding the target of this transaction, Shuangyuan Nonferrous mainly operates in nonferrous metal smelting. As of February 9, 2026, Shuangyuan Nonferrous has fixed assets of 16.519 million yuan, construction in progress of 0.391 million yuan, intangible assets of 19.295 million yuan, and inventory of 6.431 million yuan. This transaction is beneficial for the company to focus on its core business, optimize the company's asset structure and resource allocation. The transaction is expected to generate an investment income of approximately 321 million yuan and will have a positive impact on the company's net profit for the year 2026.