Asian Metal attends Chengzheng Rare Earth’s new three board listing ceremony

On the afternoon of November 5, Vivian Pang, Senior Analyst in minor metals department of Asian Metal was invited to attend the new three board listing ceremony of Ganzhou Chengzheng Rare Earth Co., Ltd. (“Chengzheng Rare Earth” for short). The ceremony was held in Small and medium-sized enterprise company stock transfer system in Beijing.

The host brokerage for listing is Minmetals securities. The scope of Chengzheng Rare Earth is rare earth processing, sales of signal rare earth oxides (cannot deal with mixed rare earth oxides, tungsten, tin, antimony, fluorite, barite, gold, silver, salt and radioactive minerals),sales of chemical materials, processing and sales of NdFeB magnet.

The company’s predecessor---Ganxian County Non-ferrous Co., Ltd. --- was founded in May of 2008. The company held the founding meeting on June 6th of 2015. The company changed into stock company after commuting the audited original net assets to stocks (the base date was April 30th of 2015). Administration for industry and commerce of Ganzhou issued business license to the company on June 16th of 2015.