PHM Phimedix Plc

TIDMZBO

RNS Number : 4770N

Zibao Metals Recycling Holdings PLC

26 October 2016

26 October 2016

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 Wednesday, 26 October 2016, all the resolutions contained in the notice of meeting were duly passed.

For further information please contact:

 
 Zibao Metals Recycling Holdings        Tel: +852 2769 
  PLC                                    7662 
  Wenjie "Joe" Zhou, Chairman            www.zibaometals.com 
  Jianfeng "Eddy" Li, Chief Executive 
  Officer 
  Chor Wei "Alan" Ong, Finance 
  Director 
 ZAI Corporate Finance Limited          Tel: +44 (0)20 
  (Nominated Adviser and Broker)         7060 2220 
  Ray Zimmerman/Tim Cofman               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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

October 26, 2016 02:56 ET (06:56 GMT)

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