China Precision Material Limited (the “CPM”, or the Company, together with its subsidiaries, the “Group”) is a fully integrated metals trader and processor based in Hong Kong. CPM is a wholly-owned subsidiary of Loco Hong Kong Holdings Limited (“Loco HK”), a company incorporated in Hong Kong with limited liability, the shares of which are listed on the Growth Enterprise Market (“GEM”) of The Stock Exchange of Hong Kong Limited under the stock code 8162.
Having the silver business commenced in 2009, CPM is principally engaged in the trading of metals, including silver, gold and tin, and the processing of silver products in Hong Kong. It is one of the few reputable metal traders in Hong Kong which has its own fully integrated processing facilities and is capable of providing a diversed range of silver products to international customers.
The Group has a diversified customer base, consisting of licensed banks and metal traders in Hong Kong, Singapore, Japan, Taiwan, Australia, the United Kingdom and Dubai. It has been a preferred silver supplier largely due to its ability to process silver products into customised forms. Stability of product quality, timely delivery of products at competitive prices, as well as sustainable and adequate supply of metals have also earned deep trust in CPM from customers worldwide.
London Silver Price
Date: 23 May 2019
Price: USD 14.48