Ximei Resources listed on the Main Board of HKEX
2020-03-12 16:06:06 [Print]
On the morning of 12 March, 2020, Ximei Resources Holding Limited (Stock Code: 9936) rang the HKEX bell and made its debut on the Main Board of HKEX.
Ximei Resources issued 75 million shares of stocks at an offering price of HKD2.32 (USD0.30) each and raised HKD174 million (USD22.39 million), with the goals of realizing continuous business growth and consolidating the company's leading role in the industry. In particular, 68.8% of the placement is for industry chain expansion, 17.9% is for future research and development, 3.5% is for improvement of sales network in Europe and procurement channels in Brazil and 9.8% is for operation and other general purposes.
Founded in 2006 and located in Yingde, Yingyuan, Guangdong, Guangdong Zhiyuan New Material Co., Ltd., the business entity of Ximei Resources in China, is the largest Chinese producer of tantalum-niobium hydrometallurgical products and the only local enterprise that is listed on the Main Board of HKEX.
Ximei Resources issued 75 million shares of stocks at an offering price of HKD2.32 (USD0.30) each and raised HKD174 million (USD22.39 million), with the goals of realizing continuous business growth and consolidating the company's leading role in the industry. In particular, 68.8% of the placement is for industry chain expansion, 17.9% is for future research and development, 3.5% is for improvement of sales network in Europe and procurement channels in Brazil and 9.8% is for operation and other general purposes.
Founded in 2006 and located in Yingde, Yingyuan, Guangdong, Guangdong Zhiyuan New Material Co., Ltd., the business entity of Ximei Resources in China, is the largest Chinese producer of tantalum-niobium hydrometallurgical products and the only local enterprise that is listed on the Main Board of HKEX.
Niobium Conc. Nb2O5 50%min, Ta2O5 5%min CIF China
Unit:USD/lb Oxides
China niobium oxide producers' output statistics by province by month
Unit: mt
