相中大豪矿业，倍杰特欲借并购整合产业链

Core Viewpoint - The company Beijete has announced a restructuring plan involving the acquisition of a 55% stake in Wenshan Dahao Mining Development Co., Ltd. for approximately 225 million yuan, despite the target company not being profitable and having significant debt [1][3][6]. Group 1: Acquisition Details - Beijete's wholly-owned subsidiary plans to acquire the stake in Dahao Mining, which has not yet generated revenue and has a total debt of approximately 191 million yuan as of October 31 [1][6]. - The acquisition is intended to integrate the upstream and downstream of the industry chain, enhancing efficiency and risk resistance [4][5]. - Dahao Mining holds nine mining rights, including two mining rights and seven exploration rights, primarily for antimony, tungsten, and lead-zinc [3][4]. Group 2: Financial Performance - Beijete reported a revenue increase of 11.42% year-on-year for the first three quarters, totaling 728 million yuan, but net profit decreased by 31.4% to approximately 106 million yuan [8]. - The company has faced operational funding pressure, as indicated by its first-ever public offering plan to raise up to 1 billion yuan, with 100 million yuan earmarked for working capital [7][8]. - As of the end of the third quarter, Beijete had approximately 142 million yuan in cash [8].