Group 1 - The company, Jiaxin International Resources, will conduct an IPO from August 20 to August 25, 2025, offering 110 million shares globally, with 10% allocated for Hong Kong and 90% for international investors, including a 15% over-allotment option [1] - The offering price is set at HKD 10.92 per share, with the expected listing date on the Hong Kong Stock Exchange on August 28, 2025 [1] - The core business of the company is the Bakuta tungsten mine project in Kazakhstan, which is the largest open-pit tungsten trioxide resource mine globally and the fourth largest tungsten mine overall, featuring the highest designed capacity in a single mine [1] Group 2 - The net proceeds from the fundraising are expected to be approximately HKD 1.088 billion, which will primarily be allocated to capital costs for the Bakuta tungsten mine project (about 55%), development of ammonium paratungstate (APT) production capacity (about 10%), repayment of bank loans (about 25%), and working capital (about 10%) [1] - The company has signed cornerstone investment agreements with firms such as Cinda and Luyin [1]
佳鑫国际资源招股 拟全球发售1.1亿股