ZiJin Mining ADR Group Co., Ltd. started from Zijinshan Gold Mine in Fujian Province in 1993. After 22 years of development, it has become a large mining group focusing on the exploration and development of gold and metal mineral resources. Listed companies in Shanghai and Hong Kong (A + H shares) rank 1069 in 2015 Forbes Global 2000 companies, 12 in global non-ferrous metals enterprises and 3 in global gold enterprises. Fortune 2015 ranked 106th among the top 500th Chinese enterprises.
The predecessor of ZiJin Mining ADR is Shanghang County Mineral Company, a wholly state-owned enterprise established in 1986.
In August 1993, Shanghang County Mineral Company was reorganized into Shanghang County ZiJin Mining ADR Corporation, and its main business turned to the development and construction of Shanghang Zijinshan Gold Mine. In October 1994, it changed its name to Fujian Minxi ZiJin Mining ADR Group Co., Ltd. In September 2000, Fujian ZiJin Mining ADR Co., Ltd. was established by Minxi Xinghang Industrial Co., Ltd., United Xinhuadu Industrial Group Co., Ltd., and other seven sponsors. In April 2004, it changed its name to Fujian ZiJin Mining ADR Group Co., Ltd. In June 2004, it changed its name to ZiJin Mining ADR Group Co., Ltd.
In December 2003, ZiJin Mining ADR listed H shares in Hong Kong (stock code: 2899) and returned to China in April 2008 to list A shares (stock code: 601899). In March 2008, Zijinshan Gold (Copper) Mine, a core enterprise, was rated as "the largest gold mine in China" by the China Gold Association.
At present, ZiJin Mining ADR has formed a product pattern of giving priority to gold and developing basic metals such as copper, lead and zinc, tungsten and iron at the same time. At present, there are investment projects in more than 20 provinces in China and many countries such as Australia, Tajikistan, Russia, Kyrgyzstan, Peru, Congo (DRC), Babia and New Guinea. It is one of the largest gold production enterprises in China, the second largest mineral copper and zinc production enterprises and important tungsten and iron production enterprises, one of the enterprises that control the most metal mineral resources in China, and the most profitable enterprise in China's gold industry.
In 2014, the company achieved a sales income of 58.76 billion yuan and a net profit of 2.35 billion yuan belonging to the parent company. the sales revenue and net profit attributed to the parent company ranked second among listed gold production enterprises in the world. In the first half of 2015, against the background of continuous sharp decline in gold and copper, the net profit attributed to the parent company increased by 21%. Among the global listed gold companies that have announced results, the company's operating income and homing net profit ranked first and third respectively.
ZiJin Mining ADR insists on taking science and technology as the forerunner, occupies a leading position in geological exploration, hydrometallurgy, beneficiation and metallurgy technology research and large-scale development and utilization of low-grade and refractory gold and copper ores, and scientific and technological innovation has become the core competitiveness of supporting the company's development. It has high-level R & D platforms and scientific research and design entities such as state key laboratories, national enterprise technology centers, academician expert workstations, postdoctoral workstations, technology companies and design companies. It has a number of independent intellectual property rights and scientific research achievements with strong applicability and remarkable benefits, and has undertaken a number of national, provincial and ministerial science and technology plan projects such as national science and technology support plan, 863, 973, innovation capacity building and so on. Zijinshan Gold and Copper Mine is listed as the first demonstration base for comprehensive utilization of mineral resources, and Malipo Tungsten Mine is commended by the Ministry of Land and Resources for the first batch of advanced mines in the integration of mineral resources. The ZiJin Mining ADR Institute was jointly established with Fuzhou University which has achieved remarkable results in solving the problem of mining talents.
ZiJin Mining ADR adheres to the concept of "life first, environmental protection first", "Jinshan and Silver Mountains, but also green waters and green mountains", regards safety and environmental protection as the lifeline of enterprise survival and development, continuously increases investment in environmental protection and safety, and improves the level of environmental protection and safety management. We will comprehensively promote the construction of green mines and ecological civilization, and the level of comprehensive utilization of resources and energy consumption indicators occupy a leading position in the industry. Nine mines of the group are listed as green mine pilot units, Fujian Zijinshan gold and copper mine and Xinjiang Ashule copper mine are "national industrial tourism demonstration sites", and Zijinshan gold and copper mine is listed as the first batch of "national mining park".
ZiJin Mining ADR has implemented the corporate values of "harmonious creation of wealth and coordinated development of enterprises, employees and society", actively fulfilled its social responsibility, and set up the ZiJin Mining ADR Charitable Foundation with an investment of 200 million yuan. The company has won the third, sixth and seventh "China Charity Award", and won the "National May 1 Labor Certificate" and "National excellent Enterprise with harmonious Labor Relations" and other titles. According to preliminary statistics, the company spent 2.136 billion yuan on public donations from 2000 to 2014.
ZiJin Mining ADR will firmly seize the opportunity of the adjustment of the world economy and mining industry, seize the opportunity of China's industrialization and urbanization, unswervingly promote a new round of entrepreneurship, constantly adapt to the new situation, achieve new development, and create new resplendence. To achieve the third-step strategic goal of "entering the advanced ranks of the international mining industry" and the general goal of "high-tech efficiency super-large international mining group" Create greater value for society, employees, shareholders and other related parties of the enterprise, make due contributions to China's mining industry standing in the forest of the world's mining industry, and to the realization of the great rejuvenation of the Chinese nation.