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Lygend Resources launches preliminary pricing for planned issue of 172,890,000 Shenzhen-listed A shares
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Lygend Resources launches preliminary pricing for planned issue of 172,890,000 Shenzhen-listed A shares
  • Lygend Resources outlined a proposed A-share IPO in Shenzhen, including a preliminary price consultation scheduled for Sept. 15, 2026.
  • The plan calls for issuing 172,890,000 new A shares, lifting total share capital to 1,728,821,350 shares from 1,555,931,350.
  • Proceeds are earmarked for a hydrometallurgical slag resource utilization project, plus an MHP refinement production project.
  • For the nine months ending Sept. 30, 2026, revenue is projected at RMB 38 billion to RMB 42 billion; net profit attributable to owners at RMB 3.15 billion to RMB 3.25 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lygend Resources & Technology Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260910-12326780), on September 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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