Hong Kong–listed Lingbao Gold announced the completion of its discloseable transaction to acquire 50% + 1 share of an unnamed target company on 2 April 2026. All conditions under the Equity Placing Agreement have been satisfied or waived, and the consideration has been fully settled.\n\nPost-completion, Lingbao Gold will hold a controlling majority in the target company, which will be treated as a non-wholly-owned subsidiary. Consequently, the target company’s financial results will be consolidated into Lingbao Gold’s group accounts.\n\nThe board of Lingbao Gold now comprises five executive directors—Chen Jianzheng, Wang Pinran, Xing Jiangze, He Chengqun and Zhao Li—two non-executive directors and four independent non-executive directors. The transaction was initially announced on 10 December 2025 and supplemented on 13 February 2026.