TODAY'S MARKET INTELLIGENCE
Xiamen Tungsten to acquire 30.17% stake in Jiangxi Jutong for RMB 593 million and record RMB 1.278 billion impairment provision in H1
English summary
Xiamen Tungsten (600549.SH) announced a cash acquisition of a 30.1683% stake in Jiangxi Jutong for RMB 593 million, increasing its stake to 31.5166% and consolidating it. The company also recorded total asset impairment provisions of RMB 1.278 billion for H1 2026.
The English text is machine translated and may require verification against the Chinese version.
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