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Pizu Group Secures 45% Stake in Turkparida Mine via US$80 Million Loan Deal

Story Highlights
  • Pizu Industrial activated a mining cooperation for the Turkparida Mine on 9 February 2026 after agreeing supplemental terms.
  • An up to US$80 million loan to Kanzi Diyor gives Pizu Industrial a 45% stake, classed as a discloseable connected transaction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pizu Group Secures 45% Stake in Turkparida Mine via US$80 Million Loan Deal

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Pizu Group Holdings Limited ( (HK:9893) ) has issued an announcement.

Pizu Group Holdings’ subsidiary Pizu Industrial has finalized a Mine Cooperation Agreement and a Supplemental Agreement with Kanzi Diyor and Avesto Group for the Turkparida Mine, with the cooperation officially taking effect on 9 February 2026 after additional time was taken to satisfy conditions precedent. The structure, which includes an up to USD80 million loan facility to Kanzi Diyor, effectively gives Pizu Industrial a 45% equity interest in the mining-rights holder and is treated as a discloseable and connected transaction under Hong Kong listing rules, subject only to reporting and announcement requirements, signaling a strategic expansion of the group’s mining portfolio without needing independent shareholder approval.

More about Pizu Group Holdings Limited

Pizu Group Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries including Pizu Industrial to pursue mining-related investments. The group partners with entities such as Avesto Group and Kanzi Diyor to gain exposure to mining rights and projects, particularly in resources held through Central Asian mining ventures.

Average Trading Volume: 1,434,038

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.75B

For a thorough assessment of 9893 stock, go to TipRanks’ Stock Analysis page.

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