What kind of company is Zijin Mining?

Zijin Mining Group Co., Ltd. (referred to as: Zijin Mining) is a mining group focusing on the exploration and development of gold and basic metal mineral resources. It is one of China's top 500 companies and successfully listed on the Hong Kong stock market in December 2003. market, returned to A-shares in April 2008, and became the first company in the A-share market to issue shares with a par value of 0.1 yuan.

In 2008, Zijinshan Gold and Copper Mine, the core enterprise of the group company, has the largest single gold mine reserves, the largest mining and dressing scale, the largest output, the lowest ore selection grade, and the lowest unit ore processing cost in China. , six major advantages with the best economic benefits, and was rated as "China's No. 1 Gold Mine" by the China Gold Association. Zijinshan's "low-cost, high-efficiency" business model is becoming a valuable experience that can be learned and transplanted in the process of Zijin Mining becoming bigger and stronger. Aim high and travel without boundaries.

In July 2020, Zijin Mining Group Co., Ltd. ranked 77th among the 2020 Fortune China 500 companies.

Extended information:

Development history:

The company has been involved in the development of Zijinshan gold mine in 1993 and strives to build a harmonious enterprise through technological innovation, institutional innovation, Through management innovation, it has rapidly developed into the most promising and competitive mining company in China.

It is one of the enterprises that controls the most metal mineral resources in China and is a national high-tech enterprise. After more than ten years of ups and downs and ten years of hard work, Zijin people have created miracles one after another and achieved economic benefits. Explosive growth has occurred, with the three major indicators of assets, sales, and profits growing at an average annual rate of more than 68%.

In 2009, Zijin Mining carried out the "Learn from Jinshan, Reduce Costs" activity within the group company, further improving the standardization of corporate management, effectively resisting the impact of the financial crisis, and showing the effectiveness of cost control. Powerful advantages.

In 2009, Zijin Mining achieved sales revenue of 20.956 billion yuan, total profit of 5.019 billion yuan, net profit attributable to the parent company of 3.541 billion yuan, and total assets of 29.646 billion yuan, achieving and maintaining double-digit growth in net profit. , the company's market capitalization reached 127.7 billion yuan on December 31, 2009, ranking 243rd in the 2009 Financial Times Global 500 (market capitalization) rankings, becoming a large market capitalization company in China and even the world.

Baidu Encyclopedia-Zijin Mining