Historical Reform

In Oct.2000, with the localization management for state Non-ferrous metal industry, Shaanxi Non-ferrous Metal Holding Group Co.,Ltd., based on the central enterprises and government-sponsored institutions under Shaanxi People’s Government, was established with the authorized investment unit granted by People’s Government of Shaanxi Province and state-owned solely limited company. In 2003, People’s Government of Shaanxi Province took Shaanxi Non-ferrous Metal Group Co., Ltd. as the trial enterprise for state-owned assets administration system reform in Shaanxi Province, further improved the management system and operation mechanism. On Feb.28, 2004, Shaanxi Non-ferrous Metal Holding Group Co., Ltd. was established.

Overview of Group

Shaanxi Non-ferrous Metal Holding Group is an industrial group integrating state-owned assets operation, property management and development of Non-ferrous metal resources. The company has the capacity to independently develop the domestic and oversea Non-ferrous metal resources, and has the abundant industrial production and scientific power. The products in group have strong competitive advantages in domestic and oversea market. Up to now, the comparable integrated industry system has been established in terms of mine plan and processing, smelting process, exploration & design, processing & manufacturing, domestic &international trade as well as real estate development. There are 7 wholly founded enterprises, 13 holding companies, 1 government sponsored institution, 1 collecting unit and 1 cooperative enterprise with total staffs of 28000 persons. Since the 10th Five-Year Plan, Shaanxi Non-ferrous Metal Group has been in the overall profit condition, the industry production value, sales revenue, gaining foreign exchange with export and total sum of profit tax have been sharply increasing. The total assets increased by RMB 29.49 billion in 2007 from that of RMB 5.12 billion at the end of 2000, Shaanxi Non-ferrous Metal Holding Group has become the large size enterprise group among the enterprises directly led by Shaanxi Province, characterized by fast increasing in economy, strong profit-making, Shaanxi economic feature and participating in international competition

Predominated

Various products such as fine molybdenum mine, high dissolved molybdenumoxide, ammonium molybdate, products made of molybdenum, titanium, titanium alloy material, rare metals processing, aluminum, lead, zinc, gold, silver, vanadium pentoxide, monocrystalline silicon and polycrystalline silicon, etc.

Industry Position

Among the enterprises and companies held by Group, Jinduicheng Molybdenum Industry Group Ltd. ranks the third in world and the first in Asia in terms of the molybdenum processing capacity. It is firstly listed in A Share Market of molybdenum industry among the domestic enterprise. “JDC” fine molybdenum mine and the industrial molybdenumoxide have been exported in more than 40 countries and regions in the world. Bao Ti Industry Group Ltd. is the largest processing and scientific research base for rare metal processing in China, its leading products, titanium materials occupy more than 80 percent of domestic market. Bao Ti Industry Corporation is the first listing enterprise in Shaanxi Non-ferrous Metal Industry and China Titanium Industry. The polycrystalline silicon project constructed by Shaanxi Tianhong Silicon Material Co., Ltd. will fill up the blank for large-scale production of micro-electronics level polycrystalline silicon after completion for operation in China, which will be very significant for development of China electronic material industry as well. The products such as aluminum, lead, zinc, gold, silver and vanadium rank the important position in China.

Development Prospect

Up to 2010, Shaanxi Non-ferrous Metal Group will possess the total assets of RMB 50 billion, increasing by 172% comparing with that at the end of the 10th Five-Year Plan, realize more than RMB40 billion of sales revenue, increasing by 213% compared with that at the end of the 10th Five-Year Plan, and make USD 1billion of foreign exchange revenues for export, RMB 10 billion of profit tax and RMB 5 billion of profit.