Baodi Mining's Controlling Subsidiary Beizhan Mining Temporarily Halts Production

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Baodi Mining announced that its controlling subsidiary Beizhan Mining has started construction of a 10 million tonne per year mining and processing project to advance the integrated development of the Beizhan Iron Mine and the Chahanwusu Iron Mine. With the existing ore stockpile now fully processed, the company has decided after careful assessment to temporarily suspend production at Beizhan Mining. The company will make every effort to secure support from relevant authorities, pass the review as soon as possible, and resume production in a timely manner. In 2025, Beizhan Mining achieved revenue of 740 million yuan and net profit of 161 million yuan. This temporary production halt may have a certain impact on the company, and the specific extent of the impact will be subject to the audited financial report.

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Xinjiang Beizhan Mining Co LtdPrivate▼ Negative
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Beizhan Mining temporarily suspends production after ore stockpile processed, affecting its operations.

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