Rising Nonferrous Metals Share Co., Ltd. (600259.SH) announced its intention to change its Chinese name from "Guangdong Rising Nonferrous Metals Co., Ltd." to "China Rare Earth Nonferrous Metals Co., Ltd." The stock abbreviation will be updated from "Rising Nonferrous Metals" to "China Rare Earth Nonferrous," while the stock code "600259" remains unchanged.
The company remains committed to focusing on its core business, emphasizing the upstream and downstream rare earth industry while expanding the development and application of strategic nonferrous metals such as tungsten and copper. This rebranding aligns with its integration into China Rare Earth Group Co., Ltd., leveraging its upstream rare earth resource advantages and the regional benefits of the Greater Bay Area.
The name change aims to enhance brand recognition, deepen market influence, and strengthen core competitiveness. The updated company name and stock abbreviation better reflect the company's business focus and strategic positioning.
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