(to be confirmed) SMM visited Zijin Mining Group Co., Ltd. to learn more about mutual benefit and win-win results.

On March 2, 2022, Fan Xin, (SMM) CEO of SMM, Lu Jialong, Senior Vice President, Wang Jiahua, former Executive Vice President of China Mining Federation, and Wang Nannan, a lawyer from Jingyuren (Shanghai) Law firm, visited Zijin Mining Group Co., Ltd. It was warmly received by Chen Jinghe, secretary of the party committee of Zijin Mining Group Co., Ltd., Zheng Youcheng, secretary of the board of directors, Wang Jingbin, chief geologist of the group, and Wu Mengjie, director of strategy and information department of the board of directors office.

During the visit, the two sides had an in-depth exchange on the current situation and future trend of the non-ferrous plate, and discussed the future development direction of the industry. This exchange has not only strengthened the understanding and understanding between the two sides, but also laid a good foundation for the two sides to continue to deepen mutual trust and achieve mutual benefit and win-win results in the future.

Zijin Mining Industry

Zijin Mining Group Co., Ltd. is a large multinational mining group focusing on the exploration and development of gold, copper and other metal mineral resources and the application and research of engineering technology. The company has successively listed in Hong Kong H shares (stock code 2899) and Shanghai A shares (stock code 601899). In 2020, the company achieved an operating income of 171.5 billion yuan and a total profit of 10.8 billion yuan. In 2021, it is expected to achieve a net profit of about 15.6 billion yuan, an increase of about 139.67 percent over the same period last year. The company ranks 398th among the Forbes Global 2000 listed companies in 2021, the 3rd among the global gold companies on the list, and the 9th among the global metal mining companies. it ranks 486th in the 2021 Fortune 2000 and 67th in the 2021 Fortune China.

The company ranks among the top three in terms of mineral gold, copper, zinc and silver output in China, and has important mining investment projects in 14 provinces (regions) and 12 overseas countries, including a number of key mines such as Zijinshan Gold and Copper Mine in Fujian, Duobaoshan Copper Mine in Heilongjiang, and Qulong Copper Mine in Tibet. Overseas Wuritika Gold Mine in Colombia, Camoa Copper Mine in the Democratic Republic of the Congo, Peggy Copper Mine in Serbia, Zijinbo Copper Mine and other internationally influential mines, of which the Camoa Copper Mine has copper resources of 43.69 million tons, making it the fourth largest copper mine in the world. By the end of 2020, the company has 2334 tons of gold, 62.06 million tons of copper and 11.86 million tons of zinc (lead), of which the company's overseas gold and copper mineral resources reserves and output and profit contribution are more than half of the group's total.

The company insists on taking innovation, especially scientific and technological innovation as its core competitiveness, and has rich practical experience and strong technical advantages in geological exploration, hydrometallurgy, comprehensive recovery and utilization of low-grade refractory resources and large-scale engineering development. To establish a mining engineering management model of "five rings of ore flow", to establish a "State key Laboratory for Comprehensive Utilization of low-grade refractory gold resources", to establish a complete scientific and technological system of ground mining, separation and metallurgy, and to form independent technology and engineering capabilities of the whole link, to build the global competitiveness of Chinese mining enterprises.

The company adheres to international standards to build an environmental, social and governance (ESG) system, continuously improves key achievements such as corporate environmental and ecological protection, occupational health and safety, human rights protection, anti-corruption and supervision, responsible supply chain and community participation, and comprehensively promotes the construction of green mines and ecological civilization. The company takes "developing the mining industry for the benefit of society" as its original intention and mission, taking "harmonious creation of wealth, coordinated development of enterprises, employees and society" as its corporate values, actively fulfill its social responsibility, and the concept of common development has been widely recognized. It has won the "China Charity Award" for three times.

As an important participant in the global mining market, the company is committed to building a "green high-tech super-first-class international mining group", using high-quality mineral raw materials to boost China's and global economic growth!

For more business exchanges, please contact

SMM

Contact: Ma Yao

Contact: 021-51666753

Contact email: mayao@smm.cn