On November 14, 2024, Ximei Resources (9936.HK) entered into an investment agreement with  Jinshi New Material Fund, an independent third party, regarding a capital injection into Ximei Guangdong. This marks another heavyweight strategic investor for Ximei Group, following Ganfeng Lithium and Guizhou New Kinetic Energy Industry Development Fund.

Under the agreement, Jinshi New Material Fund will invest RMB 60 million in Ximei Guangdong to subscribe for a 4.41% equity interest. Of this amount, RMB 10.56 million will be credited to the registered capital of Ximei Guangdong, while RMB 49.44 million will be credited to its capital reserve. Following the injection, the registered capital of Ximei Guangdong will increase from RMB 228.8 million to RMB 239.36 million.

Ximei Guangdong serves as the core production base for Ximei Group's tantalum and niobium hydrometallurgical products, currently holding a domestic market share of approximately 40%. This investment will accelerate the rapid development of Ximei Guangdong. Moving forward, both parties will engage in strategic cooperation in areas such as industrial synergy, supply chain integration, and market expansion within the tantalum and niobium sectors.