VVIP Buyers
China Minmetals Corporation (hereinafter referred to as China Minmetals) was established as the result of a strategic recombination of two Fortune Global 500 companies – the former China Minmetals and the Metallurgical Corporation of China (MCC). In 2020, its revenue reached RMB 703.9 billion. In 2021, it ranked 65th among the Fortune Global 500 companies, Headquartered in Beijing, China Minmetals has nine listed companies, including MCC (601618.SH, 1618.HK) publically listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange, six mainland-listed companies, namely, Minmetals Capital (600390.SH), Minmetals Rare Earth (000831.SZ), Minmetals Development (600058.SH), China Tungsten High-tech (000657.SZ), and Zhuzhou Smelter Group (600961.SH), Changyuan Lico(688779.SH)as well as Minmetals Resources (1208.HK) and Minmetals Land (0230.HK) listed in Hong Kong. By the end of 2020, the total assets had reached RMB 987.7 billion.
China Minmetals takes “the world-class powerhouse in the metals and minerals industry” as its vision. Strategically, it positions itself as “a main force to ensure security of resources; a national team to upgrade the metallurgical industry; an integrated service provider in the industry.” China Minmetals has taken the lead in operating across the whole industry chain from resource acquisition and exploration to project design, construction, operation, distribution, and further processing in the global metals and minerals sector. It has formed a business system featured by “four beams and eight columns.” The four beams consist of metals and minerals, metallurgical construction, trade and logistics, and finance and real estate. The “eight columns” are composed of mineral development, metallic materials, new energy materials, metallurgical engineering, basic construction, trade and logistics, financial services, and real estate development.