El controlador principal de Dazhong Mining ingresa como accionista en Xibei

Inner Mongolia Xibe Catering Group Co., Ltd. (referred to as “Xibe”) recently introduced a highly capable shareholder.

According to Tianyancha business registration information, Xibe recently underwent a change in business registration, adding Lin Lairong as a shareholder. The company’s registered capital increased from approximately 102 million yuan to about 104 million yuan. A person close to Xibe confirmed that the new shareholder, Lin Lairong, is the founder of Zhongxing Group and the actual controller of the listed company Dazhong Mining.

A reporter from Shanghai Securities News found on Tianyancha that on February 14, Lin Lairong subscribed as an individual with a capital contribution of 2.247572 million yuan, acquiring about 2.16% of Xibe’s shares, becoming the tenth largest shareholder.

After joining, Lin Lairong became the tenth largest shareholder of Xibe (Tianyancha screenshot).

This is also the second time Xibe has received capital support recently. A month ago, Xibe received investments from capital including Zhang Yong, founder of Xinrongji, and Hu Xiaoming, former Alibaba partner, completing its Series A financing, with registered capital increasing by about 13%.

According to information, Lin Lairong was born in 1968 in Inner Mongolia and is from Bayannur City, Inner Mongolia, the same hometown as Xibe’s founder and chairman Jia Guolong. In March 2026, the Hurun Research Institute released the “2026 Hurun Global Rich List,” which ranked Lin Lairong and his wife An Sumei at 1,166th place with a net worth of 28 billion yuan.

It is reported that Lin Lairong founded Zhongxing Group, starting in the coal industry, gradually building Dazhong Mining into a leading enterprise in the domestic iron ore mining and processing industry, and pushing Dazhong Mining to list on the A-share market in 2021.

In the first three quarters of 2025, Dazhong Mining achieved revenue of 3.025 billion yuan, a year-on-year increase of 1.60%; net profit attributable to the parent was 662 million yuan, down 10.28% year-on-year. As of the close on March 16, Dazhong Mining’s total market value was about 59.7 billion yuan.

Public information shows that Xibe was established in October 2017, with business scope including catering services, food production, online food sales, and restaurant management. In September 2025, founder Jia Guolong and Luo Yonghao caused public opinion due to a dispute over pre-made dishes, which affected the company’s operations.

Facing market and cost pressures, Xibe has initiated strategic contraction. Jia Guolong stated that in the coming period, they will continue to fight to survive.

Author: Ding Peng, Email