Beijet (300774.SZ) subsidiary plans to invest no more than 294 million yuan to build the Xichou County Xiaodong antimony ore mining and selection project

According to Zhitong Finance App, Beijet (300774.SZ) announced that Wenshan Dahao Mining Development Co., Ltd. (“Dahao Mining”), the holding subsidiary of the company, plans to invest in the construction of the Xichou County Xiaodong antimony ore mining and selection project. The total planned investment of the project will not exceed 294 million yuan, including the expenses already invested in exploration and pre-construction procedures. The construction period of the project is expected to be two years, the mining scale is 90,000 tons/year, and the final product is antimony concentrate.

According to reports, the project was already initiated by Dahao Mining before the company acquired Dahao Mining. Currently, it has obtained approval from the Yunnan Provincial Development and Reform Commission and related land use approval. The investment is conducive to promoting the company's mineral resource development business layout, improving the entire antimony industry chain, turning resource advantages into economic advantages, and enhancing the company's core competitiveness. The total planned investment in the project accounts for 19.81% of the company's 2025 audited net assets.