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.
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