China Rare Color announced on September 23 that Guangdong Guangsheng Dabaoshan Copper Co., Ltd., a shareholding subsidiary of the company, submitted an application to the Hong Kong Stock Exchange for the initial public offering of overseas listed shares and listing on the main board of the Hong Kong Stock Exchange on September 22. Dabaoshan Company is mainly engaged in exploration, mining, ore processing, comprehensive utilization and sales of copper, sulfur and other polymetallic mineral resources. It has the largest open pit mining farm in South China and specialized copper-sulfur beneficiation supporting facilities. The core products cover copper concentrate, sulfur concentrate and magnetic sulfur concentrate. As of the disclosure date of this announcement, the company held 40% of Dabaoshan Company's shares.

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