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Economic Perspective | HKEx Listing! Hegang first


July 18, for Hegang, is a day worthy of commemoration and recorded in the annals of development. On this day, after four years of hard work, Heilongjiang Baoquanling Agricultural Reclamation Yixiang Graphite Co., Ltd. was finally successfully listed on the Hong Kong Stock Exchange, ending the history of no listed companies in Hegang. At the same time, the realization of Heilongjiang Province this year's enterprise listing a good start.

China's Graphite IPO surged more than 260 percent on its first day, becoming Hegang's first listed private company.


China Graphite (02237.HK) was officially listed on the main board of the Hong Kong Stock Exchange on July 18, with the sole sponsor of Ligao Corporate Finance Co., Ltd. China Graphite is offering 0.4 billion shares in this global offering, including 0.12 billion Hong Kong Offer Shares, 0.28 billion International Offer Shares and a 15% Over-allotment Option. The final offering price is HK $0.325 per Offer Share. The Hong Kong Offer Shares were subscribed for approximately 26.51 times. The International Offer Shares were subscribed approximately 1.06 times (prior to the exercise of any Over-allotment Option).

China Graphite Group Listed in Hong Kong, Raising HK $0.13 billion to Build High Performance Lithium Materials Project


On July 18, China Graphite Group Co., Ltd. (Heilongjiang Baoquanling Agricultural Reclamation Yixiang Graphite Co., Ltd.) was listed on the main board of the Hong Kong Stock Exchange. The financing is about HK $0.13 billion. The main construction content is a new mine supporting digital Shihei concentrator and a 30000-ton high-performance lithium battery material project.

China Graphite Group (Yixiang Graphite Company), the first listed company in our city, is listed in Hong Kong.


On July 18, China Graphite Group (Yixiang Graphite Company) was listed on the main board of the Hong Kong Stock Exchange, becoming the first listed company in our city, achieving a breakthrough in the zero listing of Hegang private enterprises. Wang Xingzhu, deputy secretary of the municipal party committee and mayor, Li Minghuan, deputy director of the Provincial Finance Bureau, Li Hongbing, deputy director of the Provincial Department of Industry and Information Technology, Gao Jian, deputy mayor, and responsible comrades of relevant departments listened to the listing ceremony in our city, and held a city-wide exchange meeting to promote the listing of enterprises.

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