On December 22, Persistence Resources Group Ltd (" Persistence Resources ") (02489.HK) was successfully listed on the main board of the Stock Exchange of Hong Kong.

Persistence Resources, founded in 2005, is a gold exploration, mining and processing company that sells gold ingots made from gold concentrate processed by the company, mainly Au99.95 gold ingots.

The intermediary team for this listing is:

Innovax Capital Limited as its sole sponsor;

Jincheng Tongda & Neal Law Firm and Li & Partners are the Chinese lawyers and Hong Kong lawyers of the company respectively;

Dentons Law Offices and Howse Williams are the Chinese lawyers and Hong Kong lawyers of the sponsors;

Ernst & Young as its auditor;

Frost & Sullivan is its industry adviser.