en.Wedoany.com Reported - On May 21, 2026, the挂牌出让 (listing and transfer) activity for the mining rights of the Tazishan construction basalt mine in Yingjing County, Sichuan Province, concluded at the Ya'an Municipal Government Affairs Service and Public Resources Trading Service Center. Anhui Leiming Kehua Co., Ltd. won the mining rights with a bid of RMB 484 million. Anhui Leiming Kehua Co., Ltd. is a large state-owned enterprise wholly owned by Huaibei Mining Holdings Co., Ltd. This transfer activity followed the principles of openness, fairness, and impartiality, with standardized and transparent transaction procedures.
The mining rights are located in Minjian Yi Ethnic Township, Yingjing County, Sichuan, China. The mining area covers 0.8121 square kilometers, with identified resources totaling 55.033 million cubic meters. The mineral to be extracted is basalt for construction use, with a proposed transfer period of 20 years (ultimately subject to the valid term of the mining rights registration). The mining elevation range is from +1360 meters to +1180 meters. The listing starting price for the mining rights was RMB 480 million, with a bid deposit of RMB 48 million. The transfer was conducted using an ascending price method with a reserve price, and the winner was determined on the principle of "the highest bidder wins."
Entrusted by the Ya'an Municipal Bureau of Natural Resources and Planning, this mining rights transfer was organized and implemented by the Ya'an Municipal Government Affairs Service and Public Resources Trading Service Center. On April 2, 2026, the trading center issued the transfer announcement (Ya Gong Zi Kuang Gua Gao [2026] No. 1). The listing and bidding activity period was from 9:00 AM on May 8, 2026, to 1:30 PM on May 21, 2026. Bidder qualification requirements were: a for-profit legal entity registered within the territory of the People's Republic of China, with no record of joint disciplinary action for dishonesty, possessing financial strength matching the mining scale, and consortium bids were not accepted.
After the listing and bidding concluded, the Ya'an Municipal Government Affairs Service and Public Resources Trading Service Center published the transaction result announcement on May 21, 2026. Anhui Leiming Kehua Co., Ltd. won the mining rights for RMB Four Hundred Eighty-Four Million (¥484,000,000.00), a premium of 4 million yuan over the starting price. The public announcement period runs from the date of issuance until 6:00 PM on June 5, 2026. The winning bidder is subsequently required to sign the "Mining Rights Transfer Contract" as stipulated. The bid deposit will be directly converted into the first installment of the mining rights transfer proceeds, with any shortfall to be paid additionally; if the winning bidder fails to pay the first installment of the transfer proceeds in full within 20 days past the deadline, the transferor has the right to terminate the contract and confiscate the bid deposit.
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