证券日报网讯 12月23日，宝地矿业在互动平台回答投资者提问时表示，公司对葱岭能源进行收购是基 于深耕多年铁矿采选行业、对区域铁精粉市场的审慎判断做出的决策，收购标的发展潜力大、资源禀赋 好，若收购完成，将给公司带来业绩的提升，也将进一步增厚股东的回报。 （文章来源：证券日报） ...

证券代码：601121 证券简称：宝地矿业 公告编号：2025-079 新疆宝地矿业股份有限公司 关于控股子公司 签订选厂改扩建项目生活区工程 补充协议暨关联交易的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 关联交易简要内容：新疆宝地矿业股份有限公司（以下简称"公司"）控股子公司和静县备战矿业有限 责任公司（以下简称"备战矿业"）正在积极推进1,000万吨/年采选工程项目建设，因选厂改扩建项目生 活区工程设计变更，为满足工程建设需要，现备战矿业拟与关联方新疆宝地建设有限公司（以下简 称"宝地建设"）签订《和静县备战铁矿选厂改扩建项目生活区工程补充协议》（以下简称"《补充协 议》"）。《补充协议》中约定的内容最终以实际完成且验收合格的工程造价为准进行工程结算，金额 不超过1,400万元；备战矿业支付的工程款项资金来源为自有资金或自筹资金。 ● 本次交易构成关联交易。本次交易未达到《上市公司重大资产重组管理办法》规定的重大资产重组标 准，不构成重大资产重组。 截至本公告披露之日，过去十二个月内，公司及 ...

Core Viewpoint - Fujian Makeng Mining Co., Ltd. plans to go public on the Shanghai Stock Exchange, aiming to raise 1 billion yuan for the expansion of its iron ore mining project, with a focus on increasing production capacity and improving operational efficiency [1][4]. Group 1: Company Overview - Makeng Mining was established in 1995 and specializes in iron ore resource development and utilization [2]. - As of the signing date of the prospectus, Fujian Rare Earth holds 45.90% of the shares, making it the largest shareholder, while the Fujian Provincial State-owned Assets Supervision and Administration Commission indirectly controls 55.9% of the voting rights [2][4]. Group 2: Financial Performance - The company reported stable financial performance with revenues of 2.057 billion yuan, 1.962 billion yuan, 2.050 billion yuan, and 1.045 billion yuan for the years 2022, 2023, 2024, and the first half of 2025, respectively [5]. - The net profit attributable to the parent company for the same periods was 659 million yuan, 654 million yuan, 664 million yuan, and 362 million yuan, indicating consistent profitability [5]. Group 3: Business Operations - The main products include iron concentrate, molybdenum concentrate, and limestone, with iron concentrate accounting for over 90% of the main business revenue from 2022 to the first half of 2025 [7][8]. - The company relies heavily on the Makeng Iron Mine, with no other mining operations, which poses a risk if any adverse events affect this single source [8]. Group 4: Market Dynamics - The company's revenue is primarily generated from sales to steel enterprises in Fujian Province, with a high customer concentration, where the top five customers accounted for 96.89%, 97.68%, 92.50%, and 82.21% of annual revenue from 2022 to the first half of 2025 [11]. - Fluctuations in iron ore prices significantly impact the company's financial performance, with potential declines in prices due to macroeconomic factors and competition from major global mining companies [12].

Core Viewpoint - Fujian Makeng Mining Co., Ltd. (referred to as "Makeng Mining") is advancing its IPO process, aiming to raise 1 billion yuan for expansion projects in iron ore mining [1][7] Company Overview - Makeng Mining is located in Longyan City, Fujian Province, a significant revolutionary area in China, and is engaged in iron ore resource development and comprehensive utilization, focusing on the mining and sales of iron ore, molybdenum concentrate, and limestone [4] - The company holds mining rights for the well-known Makeng Iron Mine, which has a total iron ore resource reserve of 330.39 million tons, along with associated molybdenum and limestone reserves [4] - Makeng Mining ranks 21st among the top 50 metallurgical mining enterprises in China for 2024 and has received accolades such as "National Green Mine" and "Top Ten Metallurgical Mines" [4] Industry Context - The steel industry is a crucial foundation of the national economy, and there is a consensus in the industry to reduce dependence on international iron ore supplies due to uncertainties [5] - The distribution of iron ore resources in China shows significant regional characteristics, leading to high transportation cost sensitivity, which influences the sales strategy of mining companies to focus on nearby steel enterprises [5] - Makeng Mining is a major player in the southeastern coastal region of China, with its iron ore production accounting for over 10% of the region's total output in 2023 [5] Financial Performance - The main revenue sources for Makeng Mining are the sales of iron concentrate and molybdenum concentrate, with stable operating performance and strong profitability from 2022 to the first half of 2025 [6] - The company's revenue figures for the respective years are 2.057 billion yuan, 1.962 billion yuan, 2.05 billion yuan, and 1.045 billion yuan, with net profits of 659 million yuan, 651 million yuan, 664 million yuan, and 362 million yuan [6] Future Plans - The company plans to use the proceeds from the IPO to fund the expansion of its iron ore mining capacity, aiming to add 5 million tons per year to its production capacity [7] - This expansion is expected to significantly enhance the company's operational efficiency and reduce the unit production costs of iron concentrate, thereby improving profitability and sustainability [7]

Group 1 - Baodi Mining announced the convening of its 18th board meeting on November 24, 2025, to discuss the signing of a impairment compensation agreement with Kizilsu Kirghiz Autonomous Prefecture [1] - For the year 2024, Baodi Mining's revenue composition is 98.11% from iron ore mining and selection, with other businesses contributing 1.89% [1] Group 2 - Baodi Mining's market capitalization is currently 5.6 billion yuan [2] - The strategic placement of Dapeng Industrial has resulted in significant gains for its controlling shareholder, with a subscription price of 9 yuan and a first-day listing price of 118 yuan, yielding a profit of 24.92 million yuan for the controlling shareholder and his brother [2]

Core Insights - Dazhong Mining's subsidiary has successfully passed the expert review for the mining plan of the Jiada Lithium Mine, marking a significant breakthrough in the company's lithium mining strategy [1][2] Group 1: Mining Project Details - The exploration area for the Jiada Lithium Mine is 21.2247 square kilometers, with the first mining area covering 2.056 square kilometers [1] - The approved lithium ore resource in the first mining area is 43.436 million tons, with an average grade of 1.38%, translating to approximately 148.42 thousand tons of lithium carbonate equivalent [1] - The mining plan involves underground mining with a scale of 2.6 million tons per year, which is expected to produce about 50 thousand tons of lithium carbonate annually once fully operational [1] Group 2: Technological Advancements - The Jiada Lithium Mine project has set industry records in technical aspects, following the success of the Hunan lithium project, which achieved a monthly excavation record of 1,101 meters [2] - The successful review of the mining plan further validates the company's technical integration capabilities under complex geological conditions, providing experience for large-scale development [2] Group 3: Company Overview and Strategy - Dazhong Mining's main business includes iron ore mining and processing, with a resource reserve of 690 million tons and an annual production capacity of approximately 14.8 million tons [2] - Since 2022, the company has accelerated its entry into the lithium mining sector, establishing a dual-track strategy of "traditional energy + new energy" [2] - The approval of the mining plan is a critical step in advancing the application for mining rights at the Jiada Lithium Mine, indicating significant progress in the project [2]

Core Viewpoint - Guangdong Mingzhu is experiencing a strong rebound in performance, driven by significant increases in iron ore production and sales, as well as technological improvements in its mining operations [1][3][5]. Group 1: Financial Performance - The company expects to achieve a net profit of 215 million to 263 million yuan for the first three quarters of 2025, representing a year-on-year increase of 858.45% to 1071.44% [1][3]. - The expected net profit excluding non-recurring items is also projected to be between 215 million and 263 million yuan, with a year-on-year growth of 428.49% to 545.93% [3]. - Mingzhu Mining, a wholly-owned subsidiary, is anticipated to contribute a net profit of 244 million to 298 million yuan, marking a year-on-year increase of 280.43% to 364.98% [5]. Group 2: Operational Developments - The significant performance improvement is attributed to the successful implementation of the expansion project and technological upgrades at Mingzhu Mining, which began in late 2024 and fully completed by May 2025 [4][7]. - The expansion project has led to a substantial increase in iron concentrate production and sales, with an expected year-on-year sales volume increase of approximately 212.49% for the first three quarters of 2025 [4][6]. - Technological upgrades have optimized production processes, enhancing the competitiveness of iron concentrate products [7]. Group 3: Market Response - Following the positive earnings forecast, Guangdong Mingzhu's stock price surged, reaching a cumulative increase of 59.16% since the beginning of 2025 [2][8]. - The company has maintained a stable dividend policy, having distributed a total of 1.523 billion yuan in dividends since its market entry in 2001, which has contributed to its value reassessment in the market [8].

Core Viewpoint - The company Guangdong Mingzhu expects a significant increase in net profit for the first three quarters of 2025, projecting a range of 215 million to 263 million yuan, which represents a year-on-year increase of 193 million to 241 million yuan, equating to a growth rate of 858.45% to 1,071.44% [1] Financial Performance - The projected net profit excluding non-recurring gains and losses is also expected to be between 215 million to 263 million yuan, indicating a year-on-year growth of 428.49% to 545.93% [1] - The performance improvement is primarily attributed to the operational results of the wholly-owned subsidiary Mingzhu Mining, which saw an increase in the production and sales volume of iron concentrate powder [1]

Group 1 - The company Baodi Mining (SH 601121) announced on September 28 that Haiyi Investment reduced its shareholding by approximately 8 million shares, accounting for 1.00% of the total share capital, through centralized bidding, while no shares were sold via block trading [1] - Ningbo Yongfeng also reduced its shareholding by 8 million shares, representing 1.00% of the total share capital, through centralized bidding [1] - Jiaxing Baoyi reduced its shareholding by 400,000 shares, which is 0.05% of the total share capital, through centralized bidding [1] - Haiyi Investment's reduction plan was terminated early, while the reduction plans of Ningbo Yongfeng and Jiaxing Baoyi were completed [1] Group 2 - For the fiscal year 2024, Baodi Mining's revenue composition is projected to be 98.11% from iron ore mining and selection, with other businesses contributing 1.89% [1] - As of the announcement date, Baodi Mining's market capitalization is valued at 5.3 billion yuan [1]

Core Viewpoint - The company, Dazhong Mining, is leveraging its sulfur iron ore resources in Inner Mongolia primarily for the production of industrial sulfuric acid and roasted iron powder, while also monitoring advancements in solid-state battery technology for future resource utilization [1] Group 1 - The company is currently using its sulfur iron ore resources to produce industrial sulfuric acid and roasted iron powder [1] - The company plans to continuously track the development of cutting-edge technologies, such as solid-state batteries, based on its resource endowment advantages [1] - The company commits to timely announcements in accordance with information disclosure requirements if there are any relevant developments in its resource utilization strategy [1]