中国有色集团沈阳矿业投资有限公司

        About Dajing child

        Chifeng Dajingzi Mining Co., Ltd. was restructured from Chifeng Dajing Aphthonite founded in 1976 in the year 2006 and was put under the administration of China Nonferrous Metal Mining (Group) Co., Ltd. in 2011. It is a large mining company managed by China Nonferrous Metal Group Shenyang Mining Investment Co., Ltd. The company is located in Dajing Town, Linxi County, Chifeng, Inner Mongolia with a registered capital of over 3.5 million yuan. China Nonferrous Group holds 85.13 % of the company’s shares; Beijing Xinda Gold and Silver Development Center holds 14.27% of the company’s shares and individuals hold 0.6%. At present, the company has 1450 employees including 150 professional technicians (ten with senior titles, 87 with intermediate titles and 61 with junior titles).
         

        The company boasts a daily mining and production capacity of 1,000 tons and is striving to expand its daily production capacity to 1,600 tons. Its main products are copper concentrate and tin concentrate. Currently, the company has a vertical shaft, three inclined shafts and three ore dressing plants, namely, Mine I, Mine II, Mine II and Ore Dressing Plant I, Ore Dressing Plant II and Ore Dressing Plant III. Besides, the company has three auxiliary units – the Quality Control Department, the Drill Team and the Horizontal Drill Team; eight departments and three party and masses organizations.
         

        The company produces copper content of 3,000 to 3,500 tons; tin content of 300 to 450 tons and silver content of 15 to 18 tons per year.
         

        The key investment projects the company will complete during the 12th Five-year Plan Period include the 1,600 tons/day mining and ore dressing expansion project and the 10,000 tons of tin smelting construction project. A total of 150 million yuan is planned to invest in the 1,600 tons/day mining and ore dressing expansion project; the increased ore output will be 198,000 tons (processing capacity); the increased annual sales shall be over 185 million yuan (according to the current market price); the annual business tax and additional tax will be over 65 million yuan; the average annual total profit will be over 38 million yuan and the increased average annual net profit will be over 29 million yuan. The project is expected to be completed in late 2012.
         

        The tin smelting construction project is expected to be invested in 170 million yuan and conduct test run by the end of 2012.
         

        According to the requirements of the Group and the company’s goal in the 12th Five-year Plan Period, the company will strive to expand its production scale, enhance its core competitiveness and achieve rapid development. In 2015, the company is expected to achieve an annual output value of 1 to 1.5 billion yuan and profits of 200 to 300 million yuan.
         

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