Jintian Copper plans spin-off and listing of Ketian Magnet
2026-08-19 11:13:40 [Print]
On August 18, Jintian Copper announced that it is planning to spin off its majority-owned subsidiary, Ningbo Ketian Magnet Co., Ltd., for a listing on a domestic stock exchange in China.
Established in 2001, Ketian Magnet has long focused on the magnetic materials sector, producing products widely used in new energy vehicles, wind power generation, high-efficiency energy-saving motors, robotics, consumer electronics, and medical devices. The proposed spin-off is expected to further strengthen Jintian's strategic position in the rare earth permanent magnet materials business. According to the company, the spin-off, if implemented, will not result in Jintian losing control over Ketian Magnet.
Established in 2001, Ketian Magnet has long focused on the magnetic materials sector, producing products widely used in new energy vehicles, wind power generation, high-efficiency energy-saving motors, robotics, consumer electronics, and medical devices. The proposed spin-off is expected to further strengthen Jintian's strategic position in the rare earth permanent magnet materials business. According to the company, the spin-off, if implemented, will not result in Jintian losing control over Ketian Magnet.
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China's neodymium metal producers' sales volume statistics by province by month
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