Baotou INST Magnetic New Materials Co is set to launch its initial public offering (IPO), becoming the first previously private rare earth deep processing company in Inner Mongolia to be publicly listed. This marks a milestone for the region's strategic rare earth industry and a boost to the capital market participation of local enterprises.

Baotou has rolled out policies in recent years to support rare earth enterprises in accessing the capital market. These include financial incentives for project development and R&D, listing subsidies at various stages from pre-listing guidance to exchange approval, and comprehensive mechanisms to support corporate IPO journeys.

Baotou has also collaborated closely with the Shanghai, Shenzhen, and Beijing stock exchanges, as well as the Inner Mongolia Equity Exchange, bringing experts directly to enterprises to address practical challenges related to restructuring, related-party transactions, and regulatory audits.

Of the 26 local companies preparing for listing, 10 are from the rare earth sector. The successful IPO of INST Magnetic is expected to strengthen confidence across the industry, encouraging more high-quality rare earth enterprises to pursue listings and reinforcing Baotou's ambition to be both a resource and innovation base for rare earths.