- CEO
- Yu Min Qiu
- Full Time Employees
- 1,724
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- Hanking Tower Shenyang LI China 110016
- IPO Date
- Sep 30, 2011
- Business
- China Hanking Holdings Limited is an investment holding company principally engaged in iron ore mining, high-purity iron production, and gold mining, providing materials for the new energy industry including wind power ductile cast iron products. The company operates through four main segments: iron ore business involving exploration, mining, processing, and sale of high-grade iron concentrate (over 68% Fe with low sulfur, phosphorus, and titanium impurities) from three mines in Fushun City, Liaoning Province, China, namely Aoniu Mine, Maogong Mine, and Shangma Mine, with annual iron concentrate capacity of one million tons; high-purity iron business focused on smelting, processing, and sale of high-purity iron products suited for wind power and marine engineering castings, boasting an annual production capacity of 930,000 tons as China's largest supplier of ductile iron for wind power; gold business centered on exploration, mining, processing, and sale from projects in Australia including Mt Bundy Gold Project in the Northern Territory and Cygnet Gold Project in Western Australia, with total gold resources exceeding 4.38 million ounces across 1,500 square kilometers of tenements; and others encompassing sale of agricultural and forestry products, manufacture and sale of green building materials, leasing services, travel and accommodation services, and technical consultation. Founded in 1992 and headquartered at Hanking Tower, No. 227 Qingnian Street, Shenhe District, Shenyang, China, the company primarily serves domestic Chinese markets and international operations in Australia and Japan, employing approximately 1,700 people.
In recent developments, China Hanking completed a HK$1.14 billion pre-IPO capital raising for its subsidiary Hanking Gold Limited in October 2025, issuing 436.55 million new shares at HK$2.62 each, with the company subscribing for about 340 million shares including a strategic stake from Zijin Mining, to fund advancement of the Mt Bundy and Cygnet gold projects ahead of a planned Hong Kong Stock Exchange listing; it also announced connected transactions in October 2025 involving acquisition of share capital in Cygnet Gold, capital increase in Hanking Gold, redemption and cancellation of share options held by connected persons, and grant of new share options under a subsidiary scheme to connected persons and Hanking Gold employees.
Earlier in 2025, the company issued 50 million new shares in September to fund Australian gold mining projects and completed pre-IPO capital raising for Hanking Gold as announced on September 30; it continues development of the Cygnet Gold Project pre-feasibility study nearing completion and progresses the Mt Bundy project toward medium-sized gold production.