The research company of gold and molybdenum joint stock research company accounts for about 25% of the market share of molybdenum in China.

Published: Feb 17, 2022 17:01 (GMT+8)
[gold molybdenum joint stock research company product sales accounted for about 25% of China's molybdenum market share] according to the introduction of gold molybdenum shares, the company's main molybdenum series products, the layout of a complete molybdenum industry chain. The company focuses on the development of the main molybdenum industry, focuses on making it bigger and stronger, and is committed to improving the industrial chain of molybdenum mines, molybdenum furnace materials, molybdenum chemical industry and molybdenum metal. Molybdenum industry chain is mainly divided into upstream ore mining and separation and molybdenum concentrate production, middle roasting and smelting, and downstream intensive processing, including molybdenum powder, molybdenum metal sintering products and other products.

Recently, Galaxy Securities conducted a survey of gold and molybdenum shares to understand the company's related business issues. According to the introduction of gold and molybdenum shares, the company's main molybdenum series products, the layout of a complete molybdenum industry chain. The company focuses on the development of the main molybdenum industry, focuses on making it bigger and stronger, and is committed to improving the industrial chain of molybdenum mines, molybdenum furnace materials, molybdenum chemical industry and molybdenum metal. Molybdenum industry chain is mainly divided into upstream ore mining and separation and molybdenum concentrate production, middle roasting and smelting, and downstream intensive processing, including molybdenum powder, molybdenum metal sintering products and other products. The molybdenum products of the company are mainly divided into three kinds: first, molybdenum furnace charge products, which are used to make additives for stainless steel; second, molybdenum chemical products, which are mainly used in the field of catalysts for petroleum desulfurization; and third, metal products, used for making parts and other articles, etc. At present, the company produces more than 20 kinds of quality products in three series of molybdenum charge, molybdenum chemical industry and molybdenum metal, which are widely used in iron and steel smelting, mechanical manufacturing, power electronics, aerospace and other fields because of their good physical and stable chemical properties.

The company's molybdenum series products are of good quality, and the "JDC" brand is famous all over the world in the industry. As a major professional molybdenum manufacturer in the world, the company pays attention to product quality from beginning to end. In 2005, the molybdenum series products produced by the company were exempted from national quality inspection. In 2007, the industrial molybdenum oxide products produced by the company were awarded the title of "China famous Brand products" by AQSIQ. At the same time, the company's molybdenum chemical industry and molybdenum metal deep processing products have been certified by international well-known companies. Moreover, with the help of the established global marketing network system, the company has successfully sold its molybdenum products to Europe, the United States, Japan, Southeast Asia, Australia and other countries and regions by the combination of independent sales and regional agents. At present, the company's product sales account for about 25% of China's molybdenum market share and about 12% of the world molybdenum market share.

The molybdenum products of the company are mainly divided into three kinds: first, molybdenum furnace charge products, which are used to make additives for stainless steel; second, molybdenum chemical products, which are mainly used in the field of catalysts for petroleum desulfurization; and third, metal products, used for making parts and other articles, etc. At present, the company produces more than 20 kinds of quality products in three series of molybdenum charge, molybdenum chemical industry and molybdenum metal, which are widely used in iron and steel smelting, mechanical manufacturing, power electronics, aerospace and other fields because of their good physical and stable chemical properties.

The company controls 4 subsidiaries and participates in 3 companies, covering the complete industrial chain of the upstream and downstream of the molybdenum mine. The company has been committed to realizing the vertical integrated layout of molybdenum metal mining, smelting, deep processing and trade, and has continuously enriched and improved the layout of the company's industrial chain through the establishment and holding of a number of subsidiaries. Among them: the holding subsidiaries Jin Mo Ruyang and Jin Mo Guangming Company are engaged in molybdenum mining and deep processing of tungsten and molybdenum products respectively, while Gold and Molybdenum Trading and Hong Kong Hua Mo Co., Ltd. are mainly engaged in molybdenum compound sales and import and export trade; the Jinsha molybdenum industry and Tianchi molybdenum owners are engaged in the development of molybdenum resources. Shapinggou molybdenum deposit owned by Jinsha molybdenum industry is a rare super-large high-quality molybdenum deposit at home and abroad. the molybdenum deposit is still in the stage of preparation and the Jide molybdenum deposit owned by Tianchi molybdenum industry is currently in the stage of construction.

The company issued the KuaiBao announcement on the performance of Gold and Molybdenum shares in 2021 on February 9, 2022. Benefiting from the year-on-year rise in molybdenum market prices at home and abroad, the company further optimized the product sales structure and strengthened cost control and management. to achieve a substantial increase in profitability, with an operating income of 7.974 billion yuan in 2021, an increase of 5.24% over the same period last year, and a net profit of 471 million yuan, an increase of 158.89% over the same period last year. The deduction of non-net profit was 440 million yuan, an increase of 166.13% over the same period last year.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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