Lygend Resources to Open Shanghai Main-Board Subscription on September 18

One new share will open for subscription on September 17, 2026: Lygend Resources on the Shanghai Stock Exchange main board. No new shares will list that day.

Lygend Resources is a nickel product trading company and a service provider across the nickel industry chain. Starting from nickel product trading, it has gradually extended downstream and became the first company in China to expand its product and service system from nickel product trading into nickel product production. Its upstream customers include major nickel miners in Indonesia, the Philippines and other countries, while its downstream customers cover new energy material and stainless steel producers as well as commodity traders. The company is already listed in Hong Kong (02245. HK), and this offering forms an "A+H" dual-listing structure.

From 2023 to 2025, the company's revenue was RMB 21.286 billion, RMB 29.846 billion and RMB 40.255 billion, respectively, while net profit attributable to shareholders was RMB 1.050 billion, RMB 1.768 billion and RMB 2.862 billion.