Xinjiang Baodi Mining (SH:601121) Zheng Quan Zhi Xing·2025-07-30 16:14Core Viewpoint - Xinjiang Baodi Mining Co., Ltd. plans to acquire an 82% stake in Xinjiang Congling Energy Co., Ltd. from Kizilsu Congling Industrial Co., Ltd. and a 5% stake from JAAN INVESTMENTS CO.LTD. through a combination of share issuance and cash payment, while also raising supporting funds from specific investors [2][3]. Group 1 - The company intends to issue shares and pay cash to acquire a total of 87% of Xinjiang Congling Energy Co., Ltd. [2] - The application for the transaction has been accepted by the Shanghai Stock Exchange, which confirmed that the submitted documents are complete and comply with legal requirements [2] - The transaction is subject to approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission, introducing uncertainty regarding the approval timeline [2][3] Group 2 - The company will continue to advance the transaction and fulfill its information disclosure obligations in accordance with relevant laws and regulations [3] - Investors are advised to pay attention to subsequent announcements from the company regarding this transaction [3]