Xinjiang Baodi Mining (SH:601121) Zhi Tong Cai Jing·2025-12-05 12:28Group 1 - The company Baodi Mining (601121.SH) announced plans to acquire an 82% stake in Xinjiang Congling Energy Co., Ltd. from Kizilsu Congling Industrial Co., Ltd. through a combination of share issuance and cash payment [1] - Additionally, the company intends to purchase a 5% stake in Congling Energy from JAAN INVESTMENTS CO. LTD. through cash payment [1] - The company will also issue shares to raise supporting funds from no more than 35 specific investors, including Xinjiang Geological Mining Investment (Group) Co., Ltd., who meet the criteria set by the China Securities Regulatory Commission [1] Group 2 - The Shanghai Stock Exchange's Mergers and Acquisitions Review Committee held a meeting on December 5, 2025, to review the company's application for this transaction [1] - The review committee concluded that the transaction meets the restructuring conditions and information disclosure requirements [1]