Changes in Hong Kong stocks | Liqin Resources (02245) rose more than 4% in the afternoon Liqin Resources A share main board IPO meeting, and all KPS production lines have recently been put into operation

The Zhitong Finance App learned that Liqin Resources (02245) rose more than 4% in the afternoon. As of press release, it had risen 3.96% to HK$13.65, with a turnover of HK$29.69 million.

According to the news, on July 7, Liqin Resources passed the review by the Shenzhen Stock Exchange Main Board Listing Committee and became the “H Back A” nickel industry benchmark enterprise since the full registration system was implemented. The company plans to raise 4,047 billion yuan, all of which will be invested in two major industrial projects: the wet slag recycling demonstration project and the MHP refining production project to continue to expand nickel deep processing and recycling capacity.

Notably, the company announced in early June that all production lines of the KPS project phase II of the RKEF project were officially put into commercial operation in May 2026. The project is a joint investment with Indonesian partners in Obi Island, Indonesia, and includes 12 production lines with an annual design capacity of 185 thousand iron and nickel tons. The completion of the entire production line marks that Liqin Resources officially has a large-scale production capacity of 400,000 metal tons of nickel per year.