DeHeng Assisted Baodi Mining in Issuing Shares to Acquire Assets and Raising Matching Funds

2025-12-29

On December 26, 2025, Xinjiang Baodi Mining Co., Ltd. (“Baodi Mining,” stock code: 601121) received the Reply Approving the Registration of Xinjiang Baodi Mining Co., Ltd.’s Issuance of Shares to Acquire Assets and Raise Matching Funds (Zheng Jian Xu Ke [2025] No.2961) from the China Securities Regulatory Commission. The CSRC approved Baodi Mining’s issuance of shares to Kezhou Congling Industrial Co., Ltd. to acquire related assets, and approved Baodi Mining’s issuance of shares to raise matching funds of up to RMB 560 million.

As legal counsel for this project, the DeHeng team was led by lawyer Huang Zhenwu as general coordinator, with lawyer Hou Huijie as project lead, as well as primary support from lawyers Lai Yuanchao, Wang Kaini, and Yang Minming. The team provided comprehensive, professional, efficient, and high-quality legal services for this restructuring, and their professionalism and dedication were highly praised by the client.