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Thursday, June 24, 2021 10:21:46 PM
Google translate:
“At the end of 2020, Asia Broadband sold its Guerrero gold mine in Mexico to Qiangda Investments & Economics Co. Ltd. (QIEC) for US$82 million. Subsequently, Asia Broadband Corporation shifted its investment focus to its gold mine in Colima, Mexico, and successfully copied its experience in the Guerrero gold mine to the development and operation of the Colima gold mine.
The company has allocated US$10 million for the initial stage of development projects to increase the speed of Colima's operations and expand the scale of production. As part of the first phase of the development plan, the construction of exploration and development facilities and infrastructure roads has begun.
Asian Metal is a wholly-owned subsidiary of Asia Broadband. Its main business scope is the production, supply and sale of precious metals and base metals to the Asian market. The precious metal and base metal products obtained by the company in Mexico are mainly sold to Asia, and it has formed a vertically integrated sales network.”
So QIEC is possibly traded on the Hong Kong exchange or is privately owned by some rich guy in China.
“At the end of 2020, Asia Broadband sold its Guerrero gold mine in Mexico to Qiangda Investments & Economics Co. Ltd. (QIEC) for US$82 million. Subsequently, Asia Broadband Corporation shifted its investment focus to its gold mine in Colima, Mexico, and successfully copied its experience in the Guerrero gold mine to the development and operation of the Colima gold mine.
The company has allocated US$10 million for the initial stage of development projects to increase the speed of Colima's operations and expand the scale of production. As part of the first phase of the development plan, the construction of exploration and development facilities and infrastructure roads has begun.
Asian Metal is a wholly-owned subsidiary of Asia Broadband. Its main business scope is the production, supply and sale of precious metals and base metals to the Asian market. The precious metal and base metal products obtained by the company in Mexico are mainly sold to Asia, and it has formed a vertically integrated sales network.”
So QIEC is possibly traded on the Hong Kong exchange or is privately owned by some rich guy in China.
Recent AABB News
- Asia Broadband Q1 Gold and Silver Production Revenues Increase 140% Over Q1 2025 and On Track To Reach $25 Million In 2026 • GlobeNewswire Inc. • 05/20/2026 12:00:00 PM
- Asia Broadband Approaches Key Etzatlan Milestone With Modular rGO Gold Recovery Plant Set for Commissioning • GlobeNewswire Inc. • 04/15/2026 12:00:00 PM
- GoldAxis Launches New Website, Highlighting Multiphase Expansion of Gold and Silver-Backed Digital Asset Platform • GlobeNewswire Inc. • 04/01/2026 12:00:00 PM
- Asia Broadband Announces Silver-Backed Token Pre-Registration Now Open and Launch of New GoldAxis Wallet • GlobeNewswire Inc. • 02/19/2026 01:00:00 PM
- Asia Broadband Completes Minting Of New Silver-Backed Cryptocurrency and Pre-Registration Availability Begins With New Wallet Launch Next Week • GlobeNewswire Inc. • 02/04/2026 01:00:00 PM
- Asia Broadband Corporate Update 2026: Precious Metals Rally Fuels Growth Momentum • GlobeNewswire Inc. • 01/28/2026 01:00:00 PM
- Asia Broadband’s Next-Generation AABB Wallet Is Complete and Ready For Release, With Launch Planned For Early February • GlobeNewswire Inc. • 01/21/2026 01:00:00 PM
- UPDATE -- Asia Broadband Inc. Pursues $250 Million Dollars In Total Damages From Market Makers In Federal Lawsuit Filed For Coordinated Market Manipulation and Securities Fraud • GlobeNewswire Inc. • 01/13/2026 02:25:07 PM
- Asia Broadband Inc. Pursues $250 Million Dollars In Total Damages From Market Makers In Federal Lawsuit Filed For Coordinated Market Manipulation and Securities Fraud • GlobeNewswire Inc. • 01/13/2026 01:00:00 PM
- Asia Broadband Corporate Update and Projects Status Scheduled For January 2026 and AABB Shareholders Merry Christmas • GlobeNewswire Inc. • 12/17/2025 01:00:00 PM
- Asia Broadband Begins Assembling Its Mining Assets Expansion Program Team For The 2026 Capital Budget and Asset Development Allocations • GlobeNewswire Inc. • 12/10/2025 01:00:00 PM
- Asia Broadband Prepares For Minting Of New Silver-Backed Cryptocurrency, as Silver Price Record High Rally Continues • GlobeNewswire Inc. • 12/03/2025 01:00:00 PM
- Asia Broadband Signs Letter Of Intent For Revolutionary rGO Gold Recovery System Licensing, As Negotiations Continue With Other Top-Tier Miners • GlobeNewswire Inc. • 11/19/2025 01:00:00 PM
- Asia Broadband Gold and Silver Production and Gross Profit Upward Trend Continues in the Third Quarter, As Gold and Silver Holdings Appreciated $38 Million Dollars • GlobeNewswire Inc. • 11/12/2025 01:00:00 PM
- Asia Broadband To Report Increased Gold and Silver Production and Gross Profit For The Third Quarter, As Gold and Silver Holdings Continue to Appreciate • GlobeNewswire Inc. • 11/05/2025 01:00:00 PM
- Asia Broadband Moves Into Final Stages of Preparation for Federal Legal Action Filing to Protect Shareholders From Market Manipulation • GlobeNewswire Inc. • 10/15/2025 12:00:00 PM
- Asia Broadband Announces Strategic Operational Plant Upgrades During Temporary Production Pause Following Severe Weather • GlobeNewswire Inc. • 10/08/2025 12:00:00 PM
- Asia Broadband Finalizes Milestone Production Agreement For Second Large-Scale Gold and Silver Ore Stockpile in Mexico • GlobeNewswire Inc. • 10/01/2025 12:00:00 PM
- Asia Broadband – Advances Installation of Phase 2 Production Line Processing Equipment At New Etzatlan Plant Site • GlobeNewswire Inc. • 09/24/2025 12:00:00 PM
- Asia Broadband in Advanced Licensing Negotiations with Top-Tier Miners • GlobeNewswire Inc. • 09/17/2025 12:00:00 PM
