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Jinchuan Group Announces New Trading Agreement with Parent Company

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Jinchuan Group International Resources Co. Ltd ( (HK:2362) ) just unveiled an announcement.

Jinchuan Group International Resources Co. Ltd has announced an extraordinary general meeting to approve a new agreement with its controlling shareholder, Jinchuan Group Co., Ltd. The agreement, effective until December 2027, involves trading mineral and metal products and outlines significant financial projections for the coming years. This move is expected to strengthen the company’s operational framework and enhance its market positioning in the mining industry.

More about Jinchuan Group International Resources Co. Ltd

Jinchuan Group International Resources Co. Ltd is a company incorporated in the Cayman Islands, primarily involved in the trading of mineral and metal products. It operates within the mining industry and is controlled by its parent company, Jinchuan Group Co., Ltd., a major player in the People’s Republic of China.

YTD Price Performance: 23.08%

Average Trading Volume: 138,982,414

Technical Sentiment Signal: Sell

Current Market Cap: HK$8.4B

For a thorough assessment of 2362 stock, go to TipRanks’ Stock Analysis page.

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