Lomon Billions Changes Company Name
JIAOZUO, China — On July 7, 2021, Lomon Billions’ registered company name was changed to LB Group Co. Ltd. The company is now known by the abbreviated name of LB Group. Effective on the same date, the Shenzhen Stock Exchange approved a change to the company’s security abbreviation to LBG. The securities code remains 002601.
The changes to the registered company name, capital and securities abbreviation do not involve any change to the company’s subsidiaries. The company reports that it continues progress towards its initial public offering on the Hong Kong Stock Exchange.
Headquartered in Jiaozuo, China, LB Group is a titanium dioxide (TiO2) pigment manufacturing business with a strong and expanding global presence. It manufactures high-performance TiO2 pigments using both the chloride and the sulfate process. It has five established TiO2 pigment production sites in four locations in China: Jiaozuo, Henan Province; Deyang, Sichuan Province; Xiangyang, Hubei Province; and Chuxiong, Yunnan Province. LB Group also owns an ilmenite mine in Panzhihua, Sichuan Province, an important raw material in TiO2 production.
Learn more about LB Group at www.lomonbillions.global.
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