Xingye Alloy Materials

Xingye Alloy Materials Group Limited (SEHK: 505) was formerly known as Huan Yue Interactive Holdings Limited, and Xingye Copper International Group Limited, one of the leading high precision copper producer in China. It mainly involves in producing high precision copper plates and strips, tin phosphorus bronze plates and strips, brass plates and strips, lead frame strips and nickel silver plates and strips.[1] Its products are sold under the "Three Rings" brand, which has been awarded recognition as a "China Top Brand".[2] It is established in 1998 and headquartered in Cixi, Ningbo, Zhejiang province, China.

Xingye Copper International Group Limited
興業銅業國際集團有限公司
TypePrivately owned company
IndustryCopper production
Founded1998
Headquarters
Cixi, Ningbo, Zhejiang
,
People's Republic of China
Area served
People's Republic of China
Key people
Chairman: Mr. Hu Changyuan
WebsiteXingye Copper International Group Limited

It was listed on the Hong Kong Stock Exchange in 2007 with the price of HK$1.7 per share.[3]

Its board approved the name change of the company in Sep 2016 from Xingye Copper International Group Limited to Huan Yue Interactive Holdings Limited.[4]

In June 2020, the board has further approved the company name change to Xingye Alloy Materials Group Limited.[5]

Recent Developments

In 2016, Xingye Copper acquired Internet and Mobile Gaming products development company Funnytime Limited and its subsidiaries for roughly HK$186 million.[6] Subsequently, in order to better reflect its activities in various industries and sectors, the company considered changing its English name from "Xingye Copper International Group Limited" to "Huan Yue Interactive Holdings Limited" and its name in Chinese from "興業銅業國際集團有限公司" to "歡悅互娛控股有限公司".[7]

In June 2020, the company name was changed to Xingye Alloy Materials Group Limited, and with its chinese name from "歡悅互娛控股有限公司" to "興業合金材料集團有限公司".[8]

References
  1. Xingye Copper International Group Limited Archived July 8, 2011, at the Wayback Machine
  2. Xingye Copper International Group Limited
  3. China's Xingye Copper plans $49 mln HK IPO -term sheet
  4. "Xingye Copper Approves the Change of Company Name to Enter the Internet and Mobile Gaming Industry". Business Wire. September 16, 2016. Retrieved February 6, 2019.
  5. "Change of company name" (PDF). Xingye Alloy Materials Group Limited. Jun 23, 2020. Retrieved Jun 24, 2020.
  6. "Xingye Copper Completes the Acquisition of an Internet and Mobile Gaming Products Development Company". BusinessWire. August 5, 2016. Retrieved February 16, 2017.
  7. "Xingye Copper Proposes to Change the Company Name". BusinessWire. August 15, 2016. Retrieved February 16, 2017.
  8. "CHANGE OF COMPANY NAME" (PDF). Xingye Alloy Materials Group Limited. June 23, 2020. Retrieved August 30, 2020.
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