On September 30, JIAXIN INTL RES rose 5.4% in regular trading, trading at 46.6 HKD/share, with turnover of approximately 29.52 million HKD.

On the news front, the company announced on September 29 that Zheng Wenyi has been appointed as executive director and remuneration committee member, effective immediately. This appointment fills the management vacancy left by former chairman Liu Liqiang, who resigned from the positions of board chairman, executive director, and remuneration committee member on September 15 due to other business commitments. The board has now been restored to its full 9-member structure comprising 3 executive directors, 3 non-executive directors, and 3 independent non-executive directors, reinforcing corporate governance stability.

Fundamentally, the company reported H1 revenue of approximately 2.703 billion HKD, surging 2,039.9% year-over-year, with net profit of 1.584 billion HKD, marking a turnaround from a prior-year loss. The strong performance was driven by rising tungsten concentrate prices and increased production output exceeding 4,000 tonnes during the period. An interim dividend of 1.87 HKD per share was declared.

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