Luoyang Max Pipe Industry Co., Ltd., a leading manufacturer of rubber hoses and ultra-high molecular weight polyethylene (UHMWPE) pipes in Luoyang, extends its warm congratulations to Luoyang Molybdenum Co., Ltd. (Luoyang Moly) on its landmark acquisition

Recently, Luoyang Molybdenum Group Co., Ltd. (hereinafter referred to as "Luoyang Molybdenum"), a well-known local enterprise in Luoyang, completed a major international acquisition: its controlling subsidiary plans to acquire 100% equity in three Brazilian gold mining companies from Canada's Equinox Gold Corp. for USD 1.015 billion (approximately RMB 7.154 billion), thereby indirectly controlling four producing mines in the Aurizona, RDM, and Bahia integrated mining areas (including the Fazenda and Santa Luz gold mines). This acquisition marks another step forward in Luoyang Molybdenum's global mining expansion and highlights the international capabilities of local Luoyang enterprises.

As a long-established foreign trade enterprise in Luoyang, we are committed to the research, development, production, and sales of industrial pipelines. We are proud to provide high-quality pipeline products to global mining giants such as South Africa Weir Minerals Africa (Pty) Ltd, Palabora Copper Pty Ltd, and ACCIONA Construction Australia. For many years, our rubber hoses and ultra-high molecular weight polyethylene (UHMW-PE) pipes have been widely used in critical mining applications such as material handling, drainage, and ventilation. With their excellent wear resistance, corrosion resistance, and high-pressure resistance, our products help customers operate efficiently and safely in harsh working environments.

This cross-border acquisition by Luoyang Molybdenum reaffirms the urgent need for reliable infrastructure and durable industrial materials in the mining sector. We are committed to providing customized pipeline solutions for global mining clients. Whether for deep shaft mining, tailings conveyance, or environmental protection systems in mines, our products have earned the trust of customers at home and abroad through their proven quality.

Looking ahead, we will continue to collaborate with leading companies in the mining industry, leveraging innovative technologies and precision manufacturing to contribute to the sustainable development of the global mining industry through the "Luoyang Pipeline".