Zhitong Finance App News, Baodi Mining (601121.SH) announced that Hejing County Beizhan Mining Co., Ltd. (“Preparation Mining”) is a holding subsidiary of the company. The company holds 51% of the shares in Prezhan Mining. Its main business is the mining, processing and sales of iron ore. Currently, Bizhan Mining is actively promoting the safety facility design review for the construction of the 10 million tons/year mining project by the State Mine Safety Supervision Administration. At the same time, the processing of the ore stored in the Bizhan Mining Industry has been completed. After careful research, the company decided to temporarily stop production of Beizhan Mining. The company will make every effort to seek support from relevant departments, strengthen work coordination, pass the review as soon as possible, and resume production in a timely manner. The company will make a separate announcement at that time.

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