- Business
- Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (000060.SZ) engages primarily in the mining, beneficiation, smelting, processing, production, and sale of non-ferrous metals, with a focus on lead, zinc, and copper across an integrated full-industry chain that includes comprehensive recycling of rare and precious metals such as gold, silver, gallium, germanium, indium, selenium, tellurium, bismuth, platinum, and palladium; its core products encompass lead and zinc concentrates, copper concentrates, electrolytic lead ingots, fine zinc ingots and zinc alloys, cathode copper, silver bullion, gold, cadmium ingots, germanium ingots and germanium dioxide, indium ingots, industrial sulfuric acid, sulfur, zinc sulfate, lead alloys, zinc powder for batteries, steel stripes for batteries, nickel hydroxide, fibrous nickel powder, section aluminum profiles, aluminum doors and windows, curtain walls, silver-copper composite components, silver alloy sheets, iron-nickel alloy electronic packaging materials, bimetallic thermal components and strips, and aluminum-nickel composites. The company operates mines and production facilities in China and internationally, including in Australia, Canada, Dominica, Ireland, Malaysia, Myanmar, and other regions, serving target markets in construction, automotive, electronics, electric vehicle manufacturing, and battery industries with products meeting international standards such as LME certifications for electrolytic lead and fine zinc, LBMA certification for silver, and ISO9000 compliance at numerous facilities. Founded in September 1984 as China Nonferrous Industry (Shenzhen) Joint Company and listed on the Shenzhen Stock Exchange in January 1997, it serves as the controlling listed entity of Guangsheng Holding Group, a key state-owned enterprise in Guangdong Province, with headquarters located at the 23-26th Floor, China Nonferrous Metals Building, No. 6013 Shennan Avenue, Futian District, Shenzhen, Guangdong Province, China. In recent developments within the last two years, the company entered into an agreement to acquire a 2.81% stake in Shandong Zhongjin Lingnan Copper Co., Ltd. and an additional 10% stake in Zhongjin Lingnan Rongsheng Investment Co., Ltd., strengthening its copper operations and investment portfolio; it also continues to invest in research and development, allocating approximately 3% of annual revenue to technological advancements for efficiency, green practices, and sustainability, while pursuing strategic expansions into Southeast Asia and Europe amid rising global demand for non-ferrous metals.