Jin Hui Co. has announced its intention to acquire a 51% stake in Haosen Mining for a total consideration of 380 million yuan. This strategic move aims to enhance Jin Hui's control over the mining operations and support its ongoing exploration initiatives, positioning the company to benefit from potential resource discoveries.

The acquisition, part of a broader trend of corporate consolidation in the mining sector, underscores Jin Hui's commitment to expanding its market presence and operational capacity. As the demand for mineral resources continues to rise, this partnership will likely facilitate more efficient resource development and management within Haosen Mining.