---
title: "YUEGUI's subsidiary participates in the bidding for the mining rights of the Lianzhou anti-backwash quartzite mine"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258655379.md"
description: "YUEGUI's wholly-owned subsidiary, Jingyuan Mining, participated in the bidding for the mining rights of the Lianzhou anti-backwash quartzite mine through the Qingyuan Public Resource Trading Platform on September 24, 2025, bidding CNY 222 million and receiving the \"Bidding Result Notification.\" The mining area is located in Lianzhou City, Guangdong Province, covering approximately 665.3 acres, with a mining reserve of 18.163 million cubic meters"
datetime: "2025-09-24T08:37:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258655379.md)
  - [en](https://longbridge.com/en/news/258655379.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258655379.md)
---

# YUEGUI's subsidiary participates in the bidding for the mining rights of the Lianzhou anti-backwash quartzite mine

According to the Zhitong Finance APP, YUEGUI (000833.SZ) announced that its wholly-owned subsidiary Jingyuan Mining participated in the public auction for mining rights of the Lianzhou anti-backwash quartzite mine through the natural resources trading system of the Qingyuan Public Resources Trading Platform on September 24, 2025. Jingyuan Mining bid 222 million yuan and obtained the "Bid Result Notification."

The mining area is located in Fanbeichong Village, Yao'an Yao Township, Lianzhou City, Guangdong Province, covering an area of approximately 665.3 acres, with a mining reserve of 18.163 million cubic meters (1,043.2 million cubic meters of quartz ore for glass use and 7.731 million cubic meters of metamorphic sandstone for construction use)

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