Huarui Century won the exploration right of bauxite mine in Shanxi with a bid of 3.6 billion

Published: Jun 30, 2025 22:06

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According to the online trading platform for natural resources in Shanxi Province, Shanxi Huarui Century Energy Holding Co., Ltd. successfully won the bauxite exploration right for the Lijiashan block in Jiaokou County, Shanxi Province, at a price of 3.665 billion yuan. The company has a registered capital of 270 million yuan, with Chen Wenping as its controlling shareholder. It is affiliated with the Huarui Century Group, which boasts total assets exceeding 20 billion yuan, annual revenue exceeding 10 billion yuan, and a workforce of over 5,000 employees. Huarui Century's participation in this auction represents another strategic move in Shanxi, demonstrating its increased investment in the energy sector and its "deep cultivation in Shanxi" strategy. It is noteworthy that the auction for the exploration right, which had a starting price of only 1.9 million yuan, attracted multiple powerful enterprises.

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