Zhiyuan Holdings (00990): In addition to the original business, it will focus more on exploration, mining, processing and trade of ferric sulfur, nickel, titanium, vanadium, phosphorus and aluminum resources

Zhitong Finance App News, Zhiyuan Holdings (00990) issued an announcement. After the company changed its name from Ronghui International Group Co., Ltd. to Zhiyuan Holdings Co., Ltd. as listed in the company's announcement dated August 5, 2025, the Group will focus more on the exploration, mining, processing and trading of sulphur, nickel, titanium, vanadium, phosphorus and aluminum resources in addition to its original business, that is, commodity trading (including iron ore, nickel ore and precious metals), ore processing and financial license business, and will expand into the fields of gold, silver, copper and lithium in due course and appropriately. The Board of Directors believes that broadening the scope of focus of the Group's business is beneficial to its future growth and development, and is in the overall best interests of the Company and its shareholders.