GuoCheng Mining CO.,LTD (000688.SZ) is a China-based company principally engaged in non-ferrous metal mining, mineral processing, trading, and downstream production of sulfuric acid. The company's core products and services include zinc concentrate, lead concentrate, copper concentrate, silver concentrate, sulfur concentrate, pyrite powder, industrial sulfuric acid, secondary iron concentrates, and sulfur iron powder; it also trades non-ferrous metal mineral products as well as precious and rare metals such as gold and silver. Founded in 1978 and formerly known as Jianxin Mining Co., Ltd. until its name change in August 2018, the company is headquartered in Beijing with mining and processing operations primarily in Inner Mongolia, Sichuan, and other provinces across China.
In recent developments, GuoCheng Mining agreed in December 2024 to acquire a 60% stake in Inner Mongolia Guocheng Industrial Co., Ltd. from Guocheng Holdings Group Co., Ltd. for approximately CNY 3.168 billion in cash, pending shareholder approval, which would make the target a controlling subsidiary and expand its industrial footprint. The company, part of the broader Guocheng Holdings Group established in 2017, operates within the non-ferrous metals sector, focusing on lead-zinc mining, rare metals like silver, and comprehensive resource recycling, serving domestic markets in China. Its subsidiaries and affiliates, such as those involved in the Dongshengmiao polymetallic mine, support annual production capacities reaching millions of tons of polymetallic ore.