16 Oct 2017 13:10
16 October 2017
Zibao Metals Recycling Holdings Plc("Zibao" or the "Company")
Result of AGM
Zibao Metals Recycling Holdings Plc (AIM: ZBO), a Hong Kong based, recyclable metal trader, hereby notifies the market that, at its annual general meeting held on Monday, 16 October 2017, all the resolutions contained in the notice of meeting were duly passed.
For further information please contact:
Zibao Metals Recycling Holdings PLC Wenjie "Joe" Zhou, Chairman Jianfeng "Eddy" Li, Chief Executive Officer Chor Wei "Alan" Ong, Finance Director
| Tel: +852 2769 7662 www.zibaometals.com |
ZAI Corporate Finance Limited (Nominated Adviser and Broker) Ray Zimmerman/Tim Cofman
| Tel: +44 (0)20 7060 2220 www.zaicf.com |
About Zibao Metals Recycling Holdings PLC
Established in its current form in 2009, and incorporated as a UK registered company in 2013, Zibao is a trader in non-ferrous metals - principally aluminium and copper. It imports these from a variety of international sources and resells them into the People's Republic of China to operators who process them into a 'clean' form for sale to foundries.
The Company was formed by Wenjie 'Joe' Zhou, whose family has had interests in recyclable metals for nearly twenty years. During this period he has established good relationships with a range of overseas suppliers and developed an in-depth knowledge of the PRC rules and regulations for the metals recycling industry.
Metals recycling is a multi-million pounds global industry and China is the world's leading importer of copper and aluminium and needs recycling to supplement its demand.