Global First: Jiangxi Copper Subsidiary Listed Simultaneously in Hong Kong and Astana
On August 28, Jiaxin International Resources Investment Co., Ltd. (hereinafter referred to as "Jiaxin International"), with Jiangxi Copper Corporation (JCC) as a major shareholder, made its dual debut on the Main Board of the Hong Kong Stock Exchange and the "Belt and Road" Board of the Astana International Exchange (AIX). This marks the world's first-ever simultaneous listing across both bourses. Jiaxin International became Hong Kong's first listed company primarily engaged in tungsten mining and the first RMB-denominated stock in Central Asia.
Jiaxin International's core asset is the Bakyt Tungsten Mine in Kazakhstan, a flagship project under the China-Kazakhstan production capacity cooperation initiative and one of the 45 key projects under the Belt and Road Initiative. The mine holds the world's largest reserves of tungsten trioxide and boasts the highest designed production capacity among single tungsten mines globally. Commercial production at the Bakyt Tungsten Mine began in November 2024, with plans to process 3.3 million tons of tungsten ore in 2025, rising to 4.95 million tons by 2027.
As a major shareholder, JCC played a pivotal role in this landmark cross-border financial achievement. A JCC representative stated that the listing embodies the group's active participation in Belt and Road cooperation, aligns with Jiangxi Province's "1269" industrial action plan, and accelerates JCC's goal of becoming a world-class enterprise through global resource allocation.
As a leading enterprise in Jiangxi Province’s non-ferrous metals industrial chain and a national industry champion, JCC has been steadfast in reforming state-owned enterprises (SOEs) while continuously strengthening, optimizing, and expanding state-owned capital. The group has accelerated its efforts to align with national development priorities, enhance resource security capabilities, and engage in global resource allocation. In recent years, JCC has established offices or preparatory teams in South America, Southeast Asia, and Africa, conducting exchanges and visits with mining enterprises in countries including Peru, Chile, and Zambia to explore collaborative opportunities.
Moreover, JCC is accelerating the internationalization of its products and services. Its mining equipment, copper processing products, and technical expertise—such as tellurium recovery from copper anode slime—have gained traction in overseas markets, including Southeast Asia.
This global outreach has propelled JCC's rise as a world-class enterprise. In 2025, the company ranked 165th on the Fortune Global 500 list, marking its 13th consecutive appearance since 2013 and its fourth year within the top 200.
来源：江西日报 黎军、李耀文
编辑：甘晶莹、卢菲芸、胡烨晨
编审：郑颖、齐美煜
监制：张晶
