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Baodi Mining announced that the company plans to purchase 82% of its shares in Xinjiang Congling Energy Co., Ltd. from Kezhou Congling Industrial Co., Ltd. by issuing shares and paying cash to JAAN INVESTMENTS CO.LTD to purchase 5% of its shares in Xinjiang Green Ridge Energy Co., Ltd. by issuing shares and paying cash to JAAN INVESTMENTS CO.LTD. The total transaction price was 685 million yuan. At the same time, the company plans to raise supporting capital from no more than 35 specific investors, including the New Mining Group. The amount raised will not exceed 560 million yuan, of which 89.375 million yuan will be used to pay cash consideration for this transaction.

Zhitongcaijing·12/29/2025 08:41:10
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Baodi Mining announced that the company plans to purchase 82% of its shares in Xinjiang Congling Energy Co., Ltd. from Kezhou Congling Industrial Co., Ltd. by issuing shares and paying cash to JAAN INVESTMENTS CO.LTD to purchase 5% of its shares in Xinjiang Green Ridge Energy Co., Ltd. by issuing shares and paying cash to JAAN INVESTMENTS CO.LTD. The total transaction price was 685 million yuan. At the same time, the company plans to raise supporting capital from no more than 35 specific investors, including the New Mining Group. The amount raised will not exceed 560 million yuan, of which 89.375 million yuan will be used to pay cash consideration for this transaction.