Announcement • Aug 08
CITIC Resources Holdings Limited to Report First Half, 2026 Results on Aug 21, 2026 CITIC Resources Holdings Limited announced that they will report first half, 2026 results on Aug 21, 2026 Announcement • Apr 29
CITIC Resources Holdings Limited, Annual General Meeting, Jun 12, 2026 CITIC Resources Holdings Limited, Annual General Meeting, Jun 12, 2026, at 14:30 China Standard Time. Location: suites 6701-02 & 08b, 67/f., international commerce centre, 1 austin road west, kowloon., Hong Kong Announcement • Mar 14
CITIC Resources Holdings Limited Omits Final Dividend Payment for the Year Ended 31 December 2025 The Board of CITIC Resources Holdings Limited resolved not to recommend any payment of final dividend for the year ended 31 December 2025 (for the year ended 31 December 2024: HK 2.60 cents per ordinary share). Announcement • Feb 27
CITIC Resources Holdings Limited to Report Fiscal Year 2025 Results on Mar 13, 2026 CITIC Resources Holdings Limited announced that they will report fiscal year 2025 results on Mar 13, 2026 Announcement • Jan 02
Citic Resources Holdings Limited Provides Earnings Guidance for the Year Ending 31 December 2025 CITIC Resources Holdings Limited provided earnings guidance for the year ending 31 December 2025. For the period, the company expects to record an unaudited consolidated profit attributable to Shareholders of approximately HKD 170 million to HKD 230 million representing a decrease of approximately 60% to 70% as compared to the year ended 31 December 2024.
The expected decrease in the unaudited consolidated profit attributable to Shareholders for the Reporting Period is mainly attributable to the following factors: a significant decrease in average selling price of crude oil sold by the Group for the Reporting Period, as compared to the year ended 31 December 2024; a significant increase in raw material costs, especially the alumina used for the production at the Portland Aluminium Smelter for the Reporting Period, comparing to the year ended 31 December 2024; a significant decrease in the share of profit of an associate resulting from the Group ceasing to have any equity interest in Alumina Limited since 18 July 2024; and a significant decrease in share of profit of a joint venture principally engaged in the
development, production and sale of oil and production and sale of road bitumen and clarified oil comparing to the year ended 31 December 2024, resulting from the decrease in crude oil prices for the Reporting Period. Announcement • Jun 13
CITIC Resources Holdings Limited Approves Final Dividend for the Year Ended 31 December 2024, Payable on or Around 17 July 2025 CITIC Resources Holdings Limited at its annual general meeting held on 13 June 2025, approved to pay a final dividend of 2.60 Hong Kong cents per share of the Company for the year ended 31 December 2024, to the Shareholders whose names appear on the register of members of the Company on 24 June 2025. The Final Dividend is expected to be paid to entitled shareholders on or around 17 July 2025. Announcement • Apr 24
CITIC Resources Holdings Limited, Annual General Meeting, Jun 13, 2025 CITIC Resources Holdings Limited, Annual General Meeting, Jun 13, 2025, at 14:30 China Standard Time. Location: suites 6701-02 & 08b, 67/f., international commerce centre, 1 austin road west., kowloon Hong Kong Announcement • Mar 18
CITIC Resources Holdings Limited Announces Changes in Composition of Board Committees CITIC Resources Holdings Limited announced reference is made to the announcement of the Company dated 18 March 2025 regarding, among others, the cessation of Dr. Fan Ren Da Anthony as the Chairman of the Audit Committee of the Company and a member of each of the Remuneration Committee, Nomination Committee and Risk Management Committee of the Company. The Board announced that with effect from 18 March 2025: Mr. Look Andrew ("Mr. Look") has been re-designated from a member to the Chairman of the Audit Committee of the Company; and Dr. Cai Jin ("Dr. Cai") has been appointed as a member of each of the Audit Committee and the Nomination Committee of the Company. Upon the above change, the Audit Committee of the Company comprises Mr. Look Andrew (Chairman), Mr. Lu Dequan and Dr. Cai Jin, whilst the Nomination Committee of the Company comprises Mr. Hao Weibao (Chairman), Mr. Lu Dequan and Dr. Cai Jin. Announcement • Mar 15
CITIC Resources Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2024, Payable on 17 July 2025 CITIC Resources Holdings Limited proposed the final dividend of HKD 0.026 per share for the year ended 31 December 2024, payable on 17 July 2025. Ex-dividend date is on 18 June 2025 with Record date on 24 June 2025. Date of shareholders' approval on 13 June 2025. Announcement • Feb 28
CITIC Resources Holdings Limited to Report Fiscal Year 2024 Results on Mar 14, 2025 CITIC Resources Holdings Limited announced that they will report fiscal year 2024 results on Mar 14, 2025 Buy Or Sell Opportunity • Oct 09
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.3% to €0.045. The fair value is estimated to be €0.062, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 17%. Reported Earnings • Aug 27
First half 2024 earnings released: EPS: HK$0.045 (vs HK$0.049 in 1H 2023) First half 2024 results: EPS: HK$0.045 (down from HK$0.049 in 1H 2023). Revenue: HK$3.94b (up 93% from 1H 2023). Net income: HK$353.1m (down 7.9% from 1H 2023). Profit margin: 9.0% (down from 19% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 29
First half 2024 earnings released: EPS: HK$0.045 (vs HK$0.049 in 1H 2023) First half 2024 results: EPS: HK$0.045 (down from HK$0.049 in 1H 2023). Revenue: HK$3.94b (up 93% from 1H 2023). Net income: HK$353.1m (down 7.9% from 1H 2023). Profit margin: 9.0% (down from 19% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Jul 13
CITIC Resources Holdings Limited to Report First Half, 2024 Results on Jul 26, 2024 CITIC Resources Holdings Limited announced that they will report first half, 2024 results on Jul 26, 2024 Buy Or Sell Opportunity • Jul 02
Now 16% overvalued after recent price rise Over the last 90 days, the stock has risen 3.3% to €0.048. The fair value is estimated to be €0.041, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jun 26
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to €0.051. The fair value is estimated to be €0.042, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • Jun 11
Upcoming dividend of HK$0.025 per share Eligible shareholders must have bought the stock before 18 June 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.6%). Announcement • Apr 28
CITIC Resources Holdings Limited, Annual General Meeting, Jun 14, 2024 CITIC Resources Holdings Limited, Annual General Meeting, Jun 14, 2024, at 14:30 China Standard Time. Location: Suites 6701-02 & 08B, 67/F., International Commerce Centre, 1 Austin Road West, Kowloon Kowloon Hong Kong Agenda: To receive and consider the audited financial statements and the report of the directors and the independent auditor's report for the year ended December 31, 2023; to pay a final dividend of HK2.5 cents per share of the Company for the year ended December 31, 2023; to re-elect Mr. Wang Xinli as an executive director of the Company; to re-elect Mr. Lu Dequan as an independent non-executive director of the Company; to re-elect Dr. Fan Ren Da, Anthony, who has served more than nine years since August 2000, as an independent non-executive director of the Company; and to consider other matters. Announcement • Mar 13
CITIC Resources Holdings Limited to Report Fiscal Year 2023 Results on Mar 26, 2024 CITIC Resources Holdings Limited announced that they will report fiscal year 2023 results on Mar 26, 2024 New Risk • Mar 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (18% net profit margin). New Risk • Feb 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (18% net profit margin). Announcement • Jan 17
CITIC Resources Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2023 CITIC Resources Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2023. For the year, the Group is expected to record an unaudited consolidated profit attributable to Shareholders of approximately HKD 495 million to HKD 605 million for the year ended 31 December 2023, representing a decrease of approximately 55% to 60% as compared to the year ended 31 December 2022. The expected decrease in the unaudited consolidated profit attributable to Shareholders for the Reporting Period is mainly attributable to the following factors: a significant decrease in average selling price of crude oil sold by the Group for the Reporting Period, as compared to the year ended 31 December 2022; and a significant decrease in the share of profit of an associate, as compared to the year ended 31 December 2022, as well as a preliminarily estimated provision for impairment of an associate for the Reporting Period. Announcement • Dec 15
CITIC Resources Holdings Limited Appoints Mr. Wang Xinli as an Executive Director The board of directors of CITIC Resources Holdings Limited announced that, with effect from 15 December 2023, Mr. Wang Xinli ("Mr. Wang") has been appointed as an executive Director. Mr. Wang Xinli, aged 53, joined the Company in 2007, and has served as the vice president of the Company since 2017. In April 2021, he assumed the additional role of chief financial officer of the Company. He is a director of several subsidiaries and joint ventures of the Company. Mr. Wang holds a Bachelor's Degree in Accounting from the Beijing Institute of Machinery Industry. He is a qualified accountant of China. Prior to joining the Company, Mr. Wang was engaged in several subsidiaries of CITIC Group Corporation. Mr. Wang has over 30 years' experience in enterprise management, financial management and strategic management. Announcement • Dec 01
CITIC Resources Holdings Limited Announces Board Changes The board of directors of CITIC Resources Holdings Limited announced that, with effect from 1 December 2023, Mr. Gao Pei Ji has resigned from the following positions, due to voluntary retirement: independent non-executive Director; chairman of the remuneration committee of the Company (the Remuneration Committee); and member of the audit committee of the Company (the Audit Committee), the nomination committee of the Company (the Nomination Committee) and the risk management committee of the Company (the Risk Management Committee). The Board also announced that, with effect from 1 December 2023, Mr. Lu Dequan (Mr. Lu) has been appointed to the following positions: independent non-executive Director; chairman of the Remuneration Committee; and member of the Audit Committee, the Nomination Committee and the Risk Management Committee. Mr. Lu Dequan, aged 64, holds a Senior Engineer Certificate from China Petrochemical Corporation (SINOPEC), a Qualified Foreign Trader Certificate from the Ministry of Foreign Economic Relations and Trade of the People's Republic of China, and a Qualified Futures Trader Certificate from the China Securities Regulatory Commission. He holds a Bachelor's Degree from Beijing University of Chemical Technology in Chemical Synthesis. From October 2008 to July 2020, Mr. Lu served as the vice president of Innovation Technology Limited and 3I Corporation Limited in Hong Kong and was in charge of the petrol chemical products and equipment business. He served as the vice president of China Petrochemical International Company Limited from July 2007 to April 2008, where he was in charge of chemicals and equipment import and export business. Prior to that, he worked at China International United Petroleum and Chemical Company Limited (UNIPEC), a trading arm of SINOPEC, serving as the vice general manager and general manager at the Crude Oil Department of UNIPEC from January 1998 to July 2000, the managing director at the UK branch of UNIPEC from July 2000 to June 2006, and the vice president of UNIPEC from June 2006 to July 2007. During his employment at UNIPEC, Mr. Lu was mainly responsible for crude oil trading, shipping and finance derivative hedging businesses. Prior to working at UNIPEC, Mr. Lu held several positions in the subsidiaries of SINOPEC, including the general manager of oil department and the vice president of SINOPEC (Hong Kong) Limited from September 1991 to December 1997, where he was responsible for import, export and international trading of crude oil and oil products, crude oil processing, and hedging business. Mr. Lu has over 38 years' experience in petrochemical and international trading business. New Risk • Aug 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (18% net profit margin). New Risk • Jul 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 18% Last year net profit margin: 27% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (18% net profit margin). Reported Earnings • Jul 28
First half 2023 earnings released: EPS: HK$0.049 (vs HK$0.11 in 1H 2022) First half 2023 results: EPS: HK$0.049 (down from HK$0.11 in 1H 2022). Revenue: HK$2.04b (down 37% from 1H 2022). Net income: HK$383.2m (down 57% from 1H 2022). Profit margin: 19% (down from 28% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Jun 17
CITIC Resources Holdings Limited Approves Final Dividend for the Year Ended 31 December 2022 CITIC Resources Holdings Limited approved final dividend of HKD 0.06 per share for the year Ended 31 December 2022. Upcoming Dividend • Jun 13
Upcoming dividend of HK$0.06 per share at 12% yield Eligible shareholders must have bought the stock before 20 June 2023. Payment date: 18 July 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%). Reported Earnings • May 03
Full year 2022 earnings released: EPS: HK$0.17 (vs HK$0.14 in FY 2021) Full year 2022 results: EPS: HK$0.17 (up from HK$0.14 in FY 2021). Revenue: HK$5.87b (up 35% from FY 2021). Net income: HK$1.34b (up 21% from FY 2021). Profit margin: 23% (down from 25% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: HK$0.17 (vs HK$0.14 in FY 2021) Full year 2022 results: EPS: HK$0.17 (up from HK$0.14 in FY 2021). Revenue: HK$5.87b (up 35% from FY 2021). Net income: HK$1.34b (up 21% from FY 2021). Profit margin: 23% (down from 25% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. CEO & Executive Chairman of the Board Miles Sun was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 25
First half 2022 earnings released: EPS: HK$0.11 (vs HK$0.054 in 1H 2021) First half 2022 results: EPS: HK$0.11 (up from HK$0.054 in 1H 2021). Revenue: HK$3.23b (up 90% from 1H 2021). Net income: HK$893.3m (up 109% from 1H 2021). Profit margin: 28% (up from 25% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jul 14
CITIC Resources Holdings Limited Provides Earnings Guidance for the Six Months Ending June 30, 2022 CITIC Resources Holdings Limited provided earnings guidance for the six months ending June 30, 2022. For the period, the company expects the net profit after tax of the Group for the Relevant Period is expected to increase by not less than 100% as compared with the corresponding period of last year. The net profit after tax of the Group for the six months ended 30 June 2021 was approximately HKD 448 million. Such expected increase was mainly attributable to the following factors: a significant improvement in operating results of the crude oil business of the Group for the Relevant Period as compared with the six months ended 30 June 2021 due to an increase in average realised crude oil price and stringent ongoing costs control, resulting in a better overall financial performance of the crude oil business of the Group; and a significant improvement in operating results of the Group's aluminium smelting segment andcoal segment for the Relevant Period due to an increase in the average selling price ofaluminium and coal as compared with the six months ended 30 June 2021 as well as anincrease of fair value gain on derivative financial instruments of electricity hedging agreementsin Australia. Announcement • Jul 12
CITIC Resources Holdings Limited to Report First Half, 2022 Results on Jul 22, 2022 CITIC Resources Holdings Limited announced that they will report first half, 2022 results on Jul 22, 2022 Announcement • Jun 18
CITIC Resources Holdings Limited Approves Final Dividend for the Year Ended December 31, 2021 CITIC Resources Holdings Limited approved the final dividend of 4.50 Hong Kong cents per share of the Company for the year ended 31 December 2021, at the AGM held on June 17, 2022. Upcoming Dividend • Jun 14
Upcoming dividend of HK$0.045 per share Eligible shareholders must have bought the stock before 21 June 2022. Payment date: 19 July 2022. Trailing yield: 7.3%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.6%). Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: HK$0.14 (vs HK$0.046 loss in FY 2020) Full year 2021 results: EPS: HK$0.14 (up from HK$0.046 loss in FY 2020). Revenue: HK$4.35b (up 53% from FY 2020). Net income: HK$1.10b (up HK$1.47b from FY 2020). Profit margin: 25% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Executive Chairman of the Board Miles Sun was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Executive Chairman of the Board Miles Sun was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 30
CITIC Resources Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2021 CITIC Resources Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2021. For the year, the Group is expected to record an unaudited consolidated profit attributable to the Shareholders in the range of approximately HKD 1.05 billion to HKD 1.15 billion for the Reporting Period, representing a turnaround from a consolidated loss attributable to the Shareholders of approximately HKD 364 millions for the year ended 31 December 2020. Executive Departure • Oct 03
Company Secretary Wai Kwok Wong has left the company On the 27th of September, Wai Kwok Wong's tenure as Company Secretary ended after 2.3 years in the role. We don't have any record of a personal shareholding under Wai Kwok's name. Wai Kwok is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.75 years. Reported Earnings • Sep 01
First half 2021 earnings released: EPS HK$0.054 (vs HK$0.055 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$1.70b (up 38% from 1H 2020). Net income: HK$427.4m (up HK$858.2m from 1H 2020). Profit margin: 25% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 27
First half 2021 earnings released: EPS HK$0.054 (vs HK$0.055 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$1.70b (up 38% from 1H 2020). Net income: HK$427.4m (up HK$858.2m from 1H 2020). Profit margin: 25% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Announcement • Jun 23
CITIC Resources Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2021 CITIC Resources Holdings Limited provided consolidated earnings guidance for the six months ending June 30, 2021. For the six months, the Company is expecting to record an unaudited consolidated profit attributable to Shareholders of approximately HKD 300.0 million for the six months ending 30 June 2021 representing a turnaround from an unaudited consolidated loss attributable to the Shareholders of HKD 430.8 million for the same period in 2020. Reported Earnings • Apr 12
Full year 2020 earnings released: HK$0.046 loss per share (vs HK$0.076 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$2.85b (down 17% from FY 2019). Net loss: HK$363.8m (down 161% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 27
Full year 2020 earnings released: HK$0.046 loss per share (vs HK$0.076 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$2.85b (down 17% from FY 2019). Net loss: HK$363.8m (down 161% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance. Announcement • Mar 16
CITIC Resources Holdings Limited to Report Fiscal Year 2020 Results on Mar 26, 2021 CITIC Resources Holdings Limited announced that they will report fiscal year 2020 results on Mar 26, 2021 Announcement • Jan 28
CITIC Resources Holdings Limited(SEHK:1205) dropped from FTSE All-World Index (USD) CITIC Resources Holdings Limited(SEHK:1205) dropped from FTSE All-World Index (USD) Announcement • Sep 17
RPM Automotive Group Limited (ASX:RPM) executed a purchase agreement to acquire CITIC Autoparts Pty Limited from CITIC Resources Holdings Limited (SEHK:1205) for AUD 3.2 million. RPM Automotive Group Limited (ASX:RPM) executed a purchase agreement to acquire CITIC Autoparts Pty Limited from CITIC Resources Holdings Limited (SEHK:1205) for AUD 3.2 million on September 17, 2020. The consideration is subject to working capital adjustments. The deal will be financed through hybrid of equity, debt and vendor finance. Upon completion, CITIC Autoparts Pty Limited will change its name to RPM Autoparts Pty Ltd. CITIC Autoparts reported unaudited net assets of AUD 3.6 million as at August 31, 2020. The transaction was subject to normal conditions precedent, many of which have now been satisfied and is expected to complete on October 31, 2020. Announcement • Jul 26
CITIC Resources Holdings Limited to Report Q2, 2020 Results on Jul 24, 2020 CITIC Resources Holdings Limited announced that they will report Q2, 2020 results on Jul 24, 2020 
