Ningxia Tianyuan Manganese Industry Co., Ltd. 寧夏天元錳業有限公司

The Huarong-CMB network: 26 stocks not to own
In our first circuit diagram since the infamous Enigma Network, we examine the overlapping networks, bubbles and funding surrounding 26 HK-listed companies that your portfolio would probably do better without. (19-Oct-2018)
China HKBridge (2323) lends HK$900m to Ascend Trade Ltd
Company announcement, 12-Dec-2017
The borrower is owned and guaranteed by Mr You Wenpeng, about whom we know nothing. The loan is secured on shares of Bank of Jinzhou (0416.HK), which listed on 7-Dec-2015. The cornerstone investor in that IPO was Ningxia Tianyuan Manganese Industry Co Ltd, which is 99.62% owned by Mr Jia Tianjiang, who controls 16.39% of China HKBridge.

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