PB Group LtdHKG 8331 Stock Report

P.B.Group Ltd. is an investment holding company, which engages in the mining of bentonite and the production and sales of drilling mud and pelletizing clay. The company is headquartered in Wuhu, Anhui. The company went IPO on 2015-12-29. The company also sells unprocessed clay. Its pelletizing clay is used as a binder for the production of iron ore pellets. Its drilling mud is mainly used for trenchless directional drilling activities in civil engineering. The firm has the mining rights of Huanghu Bentonite Mine in Wuhu of Anhui province. The firm mainly operates its businesses in China market.