trending Market Intelligence /marketintelligence/en/news-insights/trending/z2-VFxJWpvYxgiFPgipRbg2 content esgSubNav
In This List

Zhaojin Mining scraps spinoff plans for engineering unit

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Video

Path to Net-Zero: How are mining companies tracking?

Blog

The Big Picture for 2023: Will Economies See Relief from Knock-on Effects of Russia-Ukraine Conflict?

Case Study

Quantifying the Mining Sector's Equipment & Service needs for Business Development & Resource Allocation Strategy


Zhaojin Mining scraps spinoff plans for engineering unit

Zhaojin Mining Industry Co. Ltd. said Dec. 4 that its 51%-owned Beijing Dongfang Yanjing Mining Engineering Design Co. Ltd. subsidiary will not be proceeding with the listing on China's National Equities Exchange and Quotations and withdrew its application Nov. 29.

Accordingly, the company also terminated the proposed demerger of the subsidiary, whose business included engineering design, consultation, technology development and services as well as machinery and electrical equipment sales.

The proposed demerger was announced in late February.