Persistence Resources Group Ltd (“Persistence” or the “Company”) was incorporated in the Cayman Islands on 21 May 2019. Persistence through its wholly-owned subsidiary – Majestic Yantai Gold Ltd. (BVI) (“Majestic Yantai BVI”)has established Yantai Zhongjia Mining Co. Ltd. (“Yantai Zhongjia”) in Yantai city of Shandong Province, China. Majestic Yantai BVI owns 75% of Yantai Zhongjia and other 25% of Yantai Zhongjia is owned by Yantai City Dahedong Mineral Processing Co. Ltd. (“Yantai Dahedong”).
Persistence was incorporated in the Cayman Islands on 21 May 2019. Persistence through its wholly-owned subsidiary – Majestic Yantai Gold Ltd. (BVI) (“Majestic Yantai BVI”) has established Yantai Zhongjia Mining Co. Ltd. (“Yantai Zhongjia”) in Yantai city of Shandong Province, China.
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