en.Wedoany.com Reported - On May 26, Canadian-listed precious metals mining company Silvercorp Metals Inc. (SVM) formally submitted an application for a primary listing on the Main Board of the Hong Kong Stock Exchange, concurrently advancing a global offering. Upon completion of this listing, Silvercorp will establish a primary listing structure across Toronto, the United States, and Hong Kong.

Silvercorp is primarily engaged in the exploration, development, and production of silver, gold, and non-ferrous metals such as copper, lead, and zinc, possessing operational experience in the acquisition, exploration, development, and operation of mining assets. The company currently holds six core mining assets in China, Ecuador, and Kyrgyzstan, namely the Luoning Mining Camp in Henan, China (including the Luoning Mine and Kuanping Project), the Gaocheng Mining Camp in Guangdong, China, the Baiyunpu Project, the El Domo Project, the Condor Project, and the Chaarat Gold Project.

The company has been operating in China for 20 years. Relevant data shows that in 2025, the company's annual silver production exceeded 210 tonnes, ranking third in China by production scale. Among its assets, the Luoning Mining Camp in Henan, China, ranks first among single-mine operations in China for silver production. The company's all-in sustaining cost for silver consistently remains below the global industry average.

In terms of financial performance, Silvercorp achieved revenue of approximately US$299 million for the 2025 fiscal year, a year-on-year increase of 38.9%; net profit reached US$58.19 million, a year-on-year increase of 60%. The company's current cash flow is entirely generated from its producing mines in China, supported by two major production bases: the Luoning Mining Camp in Henan and the Gaocheng Mining Camp in Guangdong, ensuring overall stable operations. Following the completion of this Hong Kong listing, Silvercorp will broaden its international financing channels, which will be used for the exploration and development of overseas gold, silver, and non-ferrous metal projects.

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