Yunnan Jinxun Resources Co., Ltd. (Ticker: 3636 HK) is a Chinese company specializing in the processing, smelting, and trading of non-ferrous metals, with a primary focus on producing high-quality copper cathodes. Strategically operating in Africa, the company manages copper smelters and flotation plants in the DR Congo and Zambia. According to Frost & Sullivan, the firm ranked fifth among PRC copper cathode producers in these regions by volume in 2024. The company also conducts non-ferrous metal trading via subsidiaries in Singapore and China and is reportedly expanding into cobalt-related production to serve the new energy materials sector.

Yunnan Jinxun Resources plans to list on the Hong Kong Exchange on January 9, 2026. The company is offering approximately 36.77 million H-shares at a fixed price of HKD 30.00 per share. The offering aims to raise HKD 1.10 billion (USD 141.69 million), implying a market capitalization of approximately USD 566.75 million. Reportedly, the company plans to use the majority of the IPO proceeds (80%) for brand promotion and business development, with the remaining funds allocated to working capital, strategic acquisitions, and debt repayment. The offering is sponsored by Huatai Financial Holdings and underwritten by a syndicate including ABCI Capital, BOCI Asia, and CITIC Securities.