Core Viewpoint - The report outlines the independent financial advisory services provided by CITIC Securities for the major asset swap and related transactions involving Anyuan Coal Industry Group Co., Ltd, emphasizing the transaction's potential to enhance the company's asset quality and financial stability [1][11]. Group 1: Transaction Overview - The transaction involves the swap of all remaining assets and liabilities of Anyuan Coal, excluding retained assets, for a 57% stake in Ganzhou Jinhui Magnetic Selection Technology Co., Ltd [9][10]. - The estimated value of the assets to be swapped is approximately 36,869.86 million yuan for the assets being disposed of and 36,977.10 million yuan for the assets being acquired [9][21]. - The transaction is structured as an asset swap, with cash adjustments for any valuation differences [9][10]. Group 2: Financial Impact - The transaction is expected to significantly improve the company's financial metrics, including a reduction in the asset-liability ratio from 99.89% to 55.69% post-transaction [10]. - The projected net profit for the company is expected to turn positive, with basic earnings per share improving from -0.28 yuan to 0.03 yuan after the transaction [10][15]. - The transaction aims to enhance the company's operational capabilities and market position in the mining equipment sector, particularly in magnetic separation technology [10][11]. Group 3: Regulatory Compliance - CITIC Securities has confirmed compliance with relevant regulations and has conducted thorough due diligence to ensure the accuracy of the transaction's disclosures [3][4]. - The transaction requires approval from the company's board and relevant regulatory bodies, with a commitment to transparency and adherence to legal requirements throughout the process [12][19]. - The independent financial advisor has committed to maintaining confidentiality and avoiding conflicts of interest during the advisory process [4][19]. Group 4: Stakeholder Commitments - The controlling shareholder, Jiang Tung Holdings, has expressed support for the transaction, highlighting its potential to improve the company's asset quality and financial health [11][12]. - There are commitments from the company's management to protect the interests of minority shareholders and ensure fair pricing in the transaction [11][12]. - The company has established measures to enhance governance and operational efficiency post-transaction, aiming to provide stable returns to investors [16][17].

Core Viewpoint - Anyuan Coal Industry Group Co., Ltd. is planning to inject assets related to the entire equity of Ganzhou Jinhui Magnetic Separation Technology Equipment Co., Ltd. as part of a significant asset restructuring initiative [1][2]. Group 1: Asset Evaluation - The asset evaluation report was prepared by Shenzhen Pengxin Asset Appraisal Limited, with the evaluation date set for December 31, 2024 [1][2]. - The purpose of the evaluation is to provide a value reference for the economic behavior involved in the asset injection [2]. - The evaluation method employed includes the asset-based approach and the income approach, ultimately selecting the income approach for the final valuation [2]. Group 2: Evaluation Results - The market value of the entire equity of Ganzhou Jinhui as of the evaluation date is to be determined, with the evaluation conclusion typically valid from the evaluation date [2]. - The evaluation report indicates that the financial data used for the assessment has been audited by Zhongxinghua Accounting Firm, which issued an unqualified audit report [2][3]. Group 3: Legal and Ownership Considerations - The evaluation does not consider the impact of any ongoing legal disputes or arbitration on the assessed value [3]. - There are certain properties that have not been fully documented, and the evaluation is based on data provided by the asset management personnel of Ganzhou Jinhui [3][4]. - The report highlights that any changes in asset quantity or pricing standards after the evaluation date may require a re-evaluation by a qualified asset appraisal institution [4]. Group 4: Company Overview - Anyuan Coal Industry Group Co., Ltd. is a state-controlled listed company with a registered capital of approximately 9.9 billion RMB [5]. - Ganzhou Jinhui Magnetic Separation Technology Equipment Co., Ltd. is a non-listed company with a registered capital of 150 million RMB, primarily engaged in the development and manufacturing of magnetic separation equipment [5][6].

石英选矿工艺关键步骤决定其选矿设备种类，并将其选矿设备组成生产线。 统观所有的选矿工艺都是先破 碎，再研磨，然后再经过磁选机、浮选机的分选、分离，最后在进行浓缩、烘干，虽然会因具体的实际情况而不 尽相同，但是归结为 关键的选矿步骤一定是破碎、研磨、分选（提纯）、浓缩 ，石英石选矿工艺也是围绕这几 个步骤来对石英矿进行分选、提纯的。 01 破碎工艺 - 破碎种类 采用颚破、圆锥破等破碎设备组成破碎生产环节，对石英矿进行破碎处理到一定的粒度，其石英矿粒度能达 到25mm，恰好是下一步石英矿球磨机进行研磨作业的进料粒度（当然破碎粒度低于25mm更好，越有益于研磨 作业）； 我国的石英矿产丰富，分为石英、鳞石英、白矽石三大类，工业中采用多种石英矿选矿工艺来对其进行提 纯、加工，进而形成石英石、石英砂等，加工后得到的石英石、石英砂外观呈多棱形、球状， 具有较高的机械强 度、强大的截污能力、耐酸性能优等特点 ，被广泛应用在各个工业领域中。 在生产中，常用的石英砂选矿工艺主要有洗矿脱泥法、磁选法、浮选法和酸洗法 ，具备批量生产、提纯度 高、效率快等优势。下面为大家详细介绍石英矿具体的选矿工艺，需要配置的选矿设备类型，以及如 ...