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Chengtun Mining Raises Budget for Daily Related-Party Transactions for 2026; Shares Slide 5%

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Chengtun Mining (SHA:600711) will increase its allocation for daily related-party transactions for 2026 to 489.2 million yuan, according to a Thursday disclosure to the Shanghai Stock Exchange.

The miner allocated an additional 411.5 million yuan, comprising 342 million yuan for product sales to Sichuan Langsheng New Material Technology and Sichuan Zhiyuan Lithium Industry and 69.5 million yuan for the purchase of products and services from Sichuan Saifuxun Energy Storage Technology.

Shares slipped 5% during the midday break on Thursday.

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