About Hbis Resources Company

The company belongs to the world's top 500 Hegang Steel Group, formerly known as Xuanhua Construction Machinery Factory. It was founded in 1950 and is a large state-owned enterprise in China that manufactures a series of construction machinery products and components such as bulldozers. In June 1999, Xuangong Group initiated an exclusive fundraising to establish “Hebei Xuanhua Construction Machinery Co., Ltd.”, which was listed on the Shenzhen Stock Exchange on July 14 of the same year. The main business is mining, processing, and sales of copper, iron ore, and vermiculite. Listed companies themselves are holding companies and are not engaged in mining production. The main products are magnetite, copper and vermiculite.