Core Viewpoint - Xinjiang Xinxin Mining (03833) has seen a significant stock price increase, with a rise of over 8% and a current price of 2.49 HKD, reflecting strong market interest following the announcement of plans to issue A-shares and list on a Chinese stock exchange [1] Group 1: Company Developments - The board of Xinjiang Xinxin Mining has approved the issuance of A-shares to promote sustainable growth in revenue and shareholder returns [1] - The company has appointed Shenwan Hongyuan Securities as the pre-listing advisory institution for the A-share issuance [1] - Xinjiang Xinxin Mining owns several mining assets, including four nickel-copper mines and two vanadium mines, as well as a fluorite mine [1] Group 2: Production Plans - The company aims to increase production efforts in the second half of 2025, targeting an annual production capacity of 12,000 tons of electrolytic nickel and 9,900 tons of cathode copper [1] - The production plans are contingent on current market conditions and may be adjusted by the board in response to changes in metal prices, domestic raw material markets, and production environments [1]
港股异动 | 新疆新鑫矿业(03833)再涨超8% 公司计划赴A上市 旗下拥有喀拉通克等四座镍铜矿