Chairman of the Board Zhengyue Wen Creat Group has an interview that the investment holding group in Australia, "Galaxy Resources" (ASX: GXY) has started to Hong Kong listing plan, satisfactory progress, expected in January next year, can be found on HKEx .
People the world's second-largest lithium mineral resources
Galaxy Resources has the world's second-largest lithium mineral resources. Financial crisis, a successful sea Creat Group "hunters" and holding. According to Zheng Yuewen introduction, the current group has been set up processing plants in Zhangjiagang, is expected to be fully operational in April next year, domestic production accounts for 40% of the total lithium carbonate. Speaking from Australia he moved to the reasons for Hong Kong market, Zhengyue Wen said Hong Kong listing will get more development opportunities.
Public information, Creat Group is China's first "going out" investment of private enterprises, the investment range of electrical industry, juice industry, pharmaceutical, health management, the financial industry and headquartered in Beijing. Group of 6 companies have listed, including the listing in Hong Kong, Yantai Andre Juice (8259). Two sessions this year, the President Zhengyue Wen also going out as a representative of the success of private enterprises, to General Secretary Hu Jintao made a special report on exchange.
GXY Price at posting:
48.8¢ Sentiment: None Disclosure: Not Held
