Core Viewpoint - Xinjiang Xinxin Mining (03833) has seen a significant stock price increase, with a rise of over 8% and a current price of HKD 2.49, reflecting a trading volume of HKD 31.548 million. The company announced plans to issue A-shares and list on a Chinese stock exchange to promote sustainable growth in revenue and shareholder returns [1]. Group 1: Company Developments - The board of Xinjiang Xinxin Mining has approved the issuance of A-shares and the related work for listing on a Chinese stock exchange [1]. - The company has appointed Shenwan Hongyuan Securities (000562) as the pre-listing advisory institution for the proposed A-share issuance [1]. Group 2: Production Plans - Xinjiang Xinxin Mining aims to increase production efforts, targeting to complete its annual production capacity plan for 2025 within the year, with plans to produce 12,000 tons of electrolytic nickel and 9,900 tons of cathode copper [1]. - The company has emphasized that the production plans are subject to uncertainties in metal prices, domestic raw material markets, and production environments, indicating that adjustments may be made based on changing circumstances [1].
新疆新鑫矿业再涨超8% 公司计划赴A上市 旗下拥有喀拉通克等四座镍铜矿