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Jin Chengxin: Acquisition of Columbia CMH Company's Equity Transfer Completed
Jin Chengxin Announcement: The company’s controlling subsidiary, Wealida Resources, acquired all mining rights and assets of Cordoba Mining and its subsidiaries in Colombia for $128 million in cash. The main asset is a 50% stake in CMH held by the seller. The transaction was completed on March 5, 2026. Wealida Resources now owns 100% of CMH, and the company indirectly holds a 97.5% stake in CMH through Wealida Resources, with ultimate control over CMH.