New Stock News | Hillway Mining rushes to the Hong Kong Stock Exchange to acquire mines in South America and Central Asia. Overseas mines are about to enter the harvest period.

According to the disclosure on May 26 by the Hong Kong Stock Exchange, Silvercorp Metals Inc. (SVM Mining) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CITIC SEC as its sole sponsor. The prospectus shows that SVM Mining is a global mining company focused on precious metals, headquartered in Vancouver, Canada, with main business activities including exploration, development, and production of silver, gold, lead, zinc, and other non-ferrous metals. According to data from the Shanghai Nonferrous Network, the company ranks third in China based on silver production in 2025, with an annual production exceeding 210 tons (7 million ounces) and a market share of 6.3%. Its flagship project, the Luoning mine in Henan province, is ranked first in China based on silver production in 2025. In recent years, the company has diversified its global asset portfolio by acquiring Adventus and Chaarat ZAAV, expanding its business from China to South America and Central Asia. Currently, the company holds majority stakes in six major mining assets in China, Ecuador, and the Kyrgyz Republic. In addition to the already producing Luoning and GC mine in Guangdong, the company's El Domo copper-gold project in Ecuador (75% stake) has entered the construction phase, and the Chaarat gold project in the Kyrgyz Republic (70% stake) has completed its acquisition. This will significantly increase the company's gold and copper production, further diversifying its sources of income and initiating a new growth cycle. As of December 31, 2025, the company's total mineral reserves amount to 48.6 million tonnes, containing approximately 4,000 tonnes (130 million ounces) of silver and 38 tonnes (1.12 million ounces) of gold. The main mining operations have a service life of up to 16-18 years, providing a solid guarantee for long-term stable cash flow in the future. During the historical period, the Luoning project and the GC mine in Guangdong contributed to all of the company's revenue. Meanwhile, the company also maintains competitive cost efficiency. As of March 31, 2025, the company's all-in sustaining cost for silver is only $9.7 per ounce, and adjusted to $11.1 per ounce in 2025, significantly lower than the global average of $12.2 per ounce. This cost advantage is due to high-grade mining assets, well-developed infrastructure, and efficient operational management. Financially, SVM Mining has achieved significant financial growth in recent years. For the fiscal years ending in 2024 and March 31st, 2025, the company's total revenue was $215 million and $299 million respectively, with a year-on-year growth of 38.9%. Net profits were $50 million and $79 million for the two respective periods, with a year-on-year growth of 58.6%. For the nine months ending on December 31, 2025, the company's revenue reached $291 million, an increase of 29.9% compared to the same period last year.