Core Viewpoint - Xinjiang Xinxin Mining (03833) has seen its stock price increase by over 300% this year, with a recent rise of 8.96% to HKD 3.04, reflecting strong market interest and positive developments in the company’s operations [1] Group 1: Company Developments - The board of Xinjiang Xinxin Mining has approved plans to issue A-shares and list on a Chinese stock exchange to promote sustainable growth in revenue and shareholder returns [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 owns four nickel-copper mines and two vanadium mines, along with a fluorite mine, indicating a diversified resource base [1] - The company aims to increase production efforts, targeting the completion of its annual production capacity plan for 2025, with plans to produce 12,000 tons of electrolytic nickel and 9,900 tons of cathode copper [1] - The company has noted that production plans may be adjusted based on changing circumstances [1]
新疆新鑫矿业再涨超10% 年内累涨超3倍 新疆新鑫矿业计划发行A股