---
title: "North Rare Earth Denies Asset Restructuring with Baogang Shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287067768.md"
description: "North Rare Earth has denied any plans for asset restructuring with Baogang Shares during a performance briefing on May 20, stating they have never heard of such proposals. Additionally, authorities are implementing measures to improve network ecosystem governance to combat online chaos and protect public interests."
datetime: "2026-05-20T12:39:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287067768.md)
  - [en](https://longbridge.com/en/news/287067768.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287067768.md)
---

# North Rare Earth Denies Asset Restructuring with Baogang Shares

North Rare Earth addressed inquiries regarding potential asset restructuring with Baogang Shares during a performance briefing on May 20. According to Jin10, the company stated it has never heard of such plans. Recently, authorities have initiated special measures to enhance network ecosystem governance, emphasizing the need to combat online chaos that pollutes social atmosphere and infringes on interests. Efforts are being made to sever profit and industry chains, eliminating the conditions that allow such issues to thrive, and to continuously foster a clean and upright online environment.

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