Group 1 - The company plans to acquire 87% of Xinjiang Congling Energy Co., Ltd. through a combination of issuing shares and cash payments, involving the purchase of assets from Congling Industrial Co., Ltd. and JAAN INVESTMENTS CO.LTD [1][2] - The transaction is expected to be classified as a related party transaction and will not result in a change of the company's actual controller or constitute a reverse listing [1] - The stock of the company will be suspended from trading starting January 7, with an expected suspension period of no more than 10 trading days [1] Group 2 - Xinjiang Congling Energy, established in March 2014, focuses on iron ore mining, processing, and sales, holding mining rights in Akto County, Xinjiang [1] - In 2024, for the first three quarters, the company reported revenue of 975 million yuan, a year-on-year increase of 78.70%, and a net profit of 171 million yuan, a slight decrease of 0.55% [2] - The company is actively improving its operational management and expanding its resource acquisition capabilities, with several mining projects currently under construction or expansion [2]
宝地矿业筹划购买葱岭能源87%股权