Aowei Holdings Ltd.
No. 91 Guangping Avenue Laiyuan County, Baoding City 074300 Hebei Province PRC
Aowei Holding Limited (the “Company”) was initially incorporated in the British Virgin Islands under the laws of the British Virgin Islands on 14 January 2011 and redomiciled to the Cayman Islands on 23 May 2013. The Company was listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) on 28 November 2013 (stock code: 1370).
The Company and its subsidiaries (collectively, the “Group” or “we” or “our”) are principally engaged in the exploration, mining, processing and trading of iron ore products and major products include iron ores, preliminary concentrates and iron ore concentrates. The Group owns and operates four mines in Hebei Province, which has the largest steel production and iron ore consumption volumes in the People’s Republic of China (the “PRC” or “China”).
The Company completed the acquisition of the entire issued share capital of Xinan Investments Limited (the “Acquisition”) on 13 July 2016. XinanInvestments Limited and its subsidiary (collectively, the “Target Group”) are principally engaged in hospital management business.
After the completion of the Acquisition, the Group principally engaged in two major business, namely mining, processing and trading iron ore products and provision of hospital management service.