China Graphite is engaged in the production and sales of flake graphite concentrate and spherical graphite in the PRC. Its origins trace back to 2006 when it began operations with Yixiang Graphite in the beneficiation and sale of flake graphite concentrate, and expanded with Yixiang New Energy in the processing and sale of spherical graphite.
China Graphite intends to use the proceeds for land acquisition, construction and purchasing and installing machinery and equipment.
Vincent commented, “The increasing use of emerging technologies for the production of fuel cell and battery will likely result in a significant increase in the demand for graphite. We are pleased to assist China Graphite on their listing, and to help further expand their business.”
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