Core Viewpoint - The report outlines the independent financial advisory opinion regarding Xinjiang Baodi Mining Co., Ltd.'s plan to issue shares and pay cash to acquire assets, along with raising supporting funds through a related transaction. Group 1: Transaction Overview - The transaction involves Xinjiang Baodi Mining acquiring 82% equity of Xinjiang Congling Energy Co., Ltd. from Congling Industrial and 5% from JAAN Investments, while raising funds from up to 35 specific investors [4][5]. - The total cash consideration for the transaction is approximately 89.375 million RMB, with the total fundraising amount not exceeding 560 million RMB [5][6]. Group 2: Financial Impact - Post-transaction, the company's total assets are projected to increase from 658,262.10 million RMB to 779,440.88 million RMB, reflecting an 18.41% growth [8]. - The company's liabilities will rise from 266,624.28 million RMB to 323,309.00 million RMB, marking a 21.26% increase [8]. - The equity attributable to the parent company is expected to grow from 307,009.35 million RMB to 371,503.41 million RMB, a 21.01% increase [8]. Group 3: Operational Synergies - The acquisition will enhance the company's iron ore resource volume to approximately 4.6 billion tons, a 21.75% increase, thereby improving its operational capabilities [6][7]. - Xinjiang Congling Energy's high-grade iron ore resources will significantly boost the company's competitive position in the market, particularly in the production of iron concentrate [6][9]. Group 4: Share Structure and Control - The total share capital of the company will increase from 800 million shares to 916,528,117 shares post-transaction, maintaining a public shareholding ratio above 10% [7][8]. - The control structure of the company will remain unchanged, with Xinjiang Guoziwei as the actual controller [7][8]. Group 5: Regulatory Compliance - The transaction has undergone necessary decision-making processes and will require approval from relevant regulatory authorities before implementation [9].