Is the recruitment of Hubei Xinyangfeng deceptive?

It's a liar company. Under the catalysis of the concepts of lithium ferrous phosphate and fertilizer price increase, the share prices of some phosphate listed companies have also risen by leaps and bounds. However, Xin Yangfeng (000902. SZ) disclosed the news of buying phosphate rock from related parties, and its share price fell instead of rising. On July 12, the company received a letter of concern from the exchange, mainly focusing on the high premium of related mining assets. According to the acquisition announcement, Xinyangfeng plans to use its own funds of 535 million yuan to acquire the 0/00% equity of Baokang Zhuyuangou Mining Co., Ltd. (hereinafter referred to as Zhuyuangou Mining)/KLOC. The counterparty is Hubei Xinyangfeng Mining Investment Co., Ltd., a subsidiary of Yangfeng Group Co., Ltd. Through the acquisition, the company will acquire the 0/00% equity of Zhuyuangou Mining/KLOC, thus obtaining the mining right of Zhuyuangou Phosphate Mine.