This is from 2008

China Railway Group (SSE:601390, HKG:0390) to buy stakes in three mining firms
for 468.99 mln yuan
[Date:11-18-2008] Source: XFN-ASIA

China Railway Group Ltd (SSE:601390, HKG:0390) said it agreed to buy controlling
stakes in three mining firms from its parent China Railway Engineering Corp for
a total of 468.99 mln yuan.

In a statement filed with the Shanghai Stock Exchange, the company said it will
acquire a 52 pct stake in Inner Mongolia Huaxin Mining Co, a 51 pct stake in
Sunite-ZuoQi Manglai Mining Co and a 51 pct stake in Sunite-ZuoQi Xiaobaiyang
Mining Co from China Railway Engineering.

The acquisition of the stakes in the three mining companies will enable the
company to boost its resource business, as well as avoid potential future
competition between the company and its controlling shareholder, the company
said.

China Railway's board has approved the deal, which is subject to government
approval.

http://www.chinesestock.org/show.aspx?id=27116&cid=28