Successful transfer of mining rights of a sand and gravel yard in Lijiang with a transaction price exceeding 50 million yuan

On February 10, the limestone mine for building stones in Hongshuitang Sand and Stone Yard, Wenhua Street, Gucheng District, Lijiang City, was successfully sold for 30.8 years at a starting price of 56.9035 million yuan, and Yunnan Lijiang Resources Development Co., Ltd. won it with 56.9135 million yuan. The mining area of the

project is 0.7194 square kilometers, with a resource reserve of 91.0289 million tons.

According to the Digital Building Materials DataBM. Com, Yunnan Lijiang Resources Development Co., Ltd. was established in March 2022 with a registered capital of 50 million yuan, which was co-funded by Yunnan Lijiang Investment and Development Co., Ltd. and Lijiang Building Materials Co., Ltd., accounting for 70% and 30% of the shares respectively.