Lygend Resources Finalises Shenzhen A-Share IPO at RMB21.23, Issues 172.89 Million New Shares

Bulletin Express
Sep 23

Lygend Resources & Technology Co., Ltd. has completed pricing and allocation for its initial public offering on the Main Board of the Shenzhen Stock Exchange, according to a 23 September 2026 filing.

The transaction comprises 172.89 million new A shares offered at RMB 21.23 each, translating into a gross proceed of approximately RMB 3.67 billion. Upon completion, the company’s total issued share capital will rise to about 1.73 billion shares.

The final A-share prospectus and the detailed offering results have been published on the Shenzhen Stock Exchange’s website. The shares will trade under the abbreviation “Lygend Resources” with the code 001246.SZ. The company remains listed in Hong Kong, where its shares trade under the name Lygend Resource.

Management stated that further disclosures will be made in accordance with Hong Kong Listing Rules and other applicable regulations as the A-share listing process progresses.

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