Core Viewpoint - Likin Resources (02245) has seen a significant stock price increase of approximately 8%, currently trading at 25 HKD, following the announcement of a joint venture agreement aimed at optimizing business operations and securing tax benefits in Indonesia [1] Group 1: Joint Venture Agreement - Likin Resources announced a joint venture agreement with BBS and BMS to establish a company named BJL, with an initial investment of approximately 505 million USD [1] - The legal capital of BJL is set at 13,298.88 billion Indonesian Rupiah, with BBS holding 99.999925% and BMS holding 0.000075% of the shares [1] Group 2: Business Development and Tax Benefits - The formation of BJL is intended to align with the company's business development needs and to qualify for necessary tax incentives in Indonesia [1] - The joint venture is expected to reduce tax burdens associated with wet processing of slag, optimizing the execution of specific plans [1] Group 3: Environmental and Revenue Implications - The wet processing facility is designed to handle 1.34 million tons of HPAL smelting slag annually, along with a slag storage facility and supporting infrastructure [1] - This project aims to minimize waste and effectively utilize resources while adhering to environmental protection principles, creating new revenue streams and enhancing the company's profitability [1]
港股异动 | 力勤资源(02245)高开近8% 附属签协议成立BJL合营公司 于印尼布局湿法渣处理业务