Stock Code: 8137

Phone:

(852) 2879 8888

Email:

info@8137.hk

Company Brief

The Group was listed on the GEM of Hong Kong Exchanges and Clearing Limited with principal business of magazine publishing on 8 January 2002.

 

Hong Bridge Capital Limited became the new controlling shareholder of the Group on 16 October 2007 by subscribing the new issued shares and convertible notes of the Group, and changed the Company name to “Honbridge Holdings Limited”. Since then, it had introduced two of the Fortune Global 500 companies – Zhejiang Geely Holding Group and Shagang Group as significant shareholders.

 

On 16 January 2023, Mr. Li Shufu, the founder of Zhejiang Geely Holding Group, acquired most of the equity of Hong Bridge Capital Limited held by Mr. He Xuechu through his wholly-owned Geely Group Co., Ltd., and became the controlling and single largest shareholder of Honbridge Holdings Limited.

 

The Group entered into the field of lithium-ion power battery since 2014 and is operating a lithium-ion power battery production plant in Jinhua, Zhejiang. The products are not only supplied to several brands under Zhejiang Geely Holding Group, but also to other electric vehicle manufacturers.

 

The Group has invested and operating an online car hailing business under the brand “Caocao” in France, with nearly 300 LEVC TX new energy vehicles and have had 500,000 app users.

 

In the resources field, the Group acquired Sul Americana de Metais S. A. (SAM) in Brazil in 2010 and holds 100% interest in SAM since May 2016. SAM has a numbers of iron ore exploration rights in Brazil, the Group plans to build an open pit mine and beneficiation plant in one of its blocks with an annual output of 27.5 million tons of Iron powder (average grading 66.2%), by using of slurry pipeline and port which is operated independently by a third-party, the final product will be exported to the rest of the world.

 

The Group will still look for investment and cooperation opportunities in the areas of new energy and resources.

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