The actual controller of Baodi Mining is Xinjiang Stateowned Assets. Its main business is iron ore mining and development. It is an upstream enterprise in the steel industry. It currently owns five mining areas, namely Beizhan Iron Mine, Songhu Iron Mine, Baoshan Iron Mine, Chahanwusu Iron Mine and Hasiyatu Iron and Polymetallic Mine . Its main customers include large steel companies such as Bayi Iron and Steel and Shougang.
Baodi Mining also stated that the transaction is in the planning stage, and the two parties to the transaction have not yet signed a formal transaction agreement. It still needs to be submitted to the company's board of directors and shareholders' meeting for review, and can only be officially implemented after approval by the competent regulatory authorities. There is still great uncertainty as to whether it will ultimately pass the approval.
Judging from the stock price performance, Baodi Mining reached its kuwait phone number list peak as soon as it was listed, closing up % on the first trading day after listing, and then hitting six consecutive daily limit increases.
On the th trading day, Baodi Mining opened at the daily limit, hitting a historical high of yuan per share, and then immediately plummeted, falling by as much as % during the session.
Subsequently, Baodi Mining has been on a downward trend. Since the beginning of last year, it has generally fluctuated between yuan and yuan. It has currently retreated more than % from its listing high.