Baiyin Nonferrous Group Co., Ltd. known also as BNMC[nb 1] is a Chinese company based in Baiyin, Gansu Province, China. The company was the main copper supplier in China.[2]
![]() | |
BNMC | |
Company type | public |
SSE: 601212 | |
Predecessor | Baiyin Nonferrous Metal Corporation |
Founded |
|
Headquarters | No.96, Youhao Road, Baiyin District, Baiyin City, Gansu Province , |
Products | Copper, Zinc, Lead, Silver, Gold |
Revenue | ![]() |
![]() | |
![]() | |
Total assets | ![]() |
Total equity | ![]() |
Website | [1] |
Footnotes / references in consolidated financial statement[1] |
Baiyin Nonferrous Group Co., Ltd. | |||||||
---|---|---|---|---|---|---|---|
Simplified Chinese | 白银有色集团股份有限公司 | ||||||
Traditional Chinese | 白銀有色集團股份有限公司 | ||||||
| |||||||
Baiyin Nonferrous | |||||||
Simplified Chinese | 白银有色 | ||||||
Traditional Chinese | 白銀有色 | ||||||
|
Since 15 February 2017, Baiyin Nonferrous is a listed company in the Shanghai Stock Exchange. In 2017, the localized version of Fortune ranked Baiyin Nonferrous as the 116th of top 500 Chinese enterprises.[3]
History
editThe predecessor of the company was established in 1954, as one of the industrial project of the First Five Year Plan.[4] It was the main copper supplier in China,[2] however, the mining pit opened in 1956 was shut down in 1988.[2] The city of Baiyin was declared by the government as “resource exhaustion”.[2] As of 2016, the company rely on investment in China, South Africa, Peru, DR Congo and the Philippines.[1]
Shareholders
editName | Percentage | Footnotes |
---|---|---|
Gansu Provincial People's Government | 36.16% | directly and indirectly owned |
CITIC Guoan Group | 32.27% | privately owned company; associate company of CITIC Group |
Ruiyuan (Shanghai) Investment Fund (Chinese: 瑞源(上海)股权投资基金) | 11.47% | a private equity fund[nb 2] |
China Cinda Asset Management | 5.38% | state-owned |
CITIC Group | 2.81% | state-owned |
National Social Security Fund | 0.86% | |
China Orient Asset Management | 0.63% | state-owned |
China Huarong Asset Management | 0.30% | state-owned |
China Great Wall Asset Management | 0.11% | state-owned |
Sub-total | 89.99% |
Footnotes
edit- ^ Acronym of Baiyin Nonferrous Metal Corporation
- ^ CITIC Guoan Group was one of the limited partner of the fund for CN¥200 million investment;[6] the manager and general partner of the fund was China-Africa Xinyin Investment, which CITIC Guoan Group also owned 30% share capital directly, plus an additional 30% stake via a non wholly owned (41.10%) subsidiary (Chinese: 白银有色产业集团) of CITIC Guoan Group;[7] China-Africa Development Fund owned 35% share capital in China-Africa Xinyin Investment
References
edit- ^ a b "2016年年度报告" [2016 Annual Report] (PDF). Baiyin Nonferrous (in Chinese). Shanghai Stock Exchange. 19 April 2017. Retrieved 22 April 2017.
- ^ a b c d "Not so grim up north-west". The Economist. Retrieved 2017-05-12.
- ^ "白银有色集团股份有限公司 Baiyin Nonferrous Group Co., LTD. (中国500强2017年公司排名) - 2017企业名单 - 财富中文网".
- ^ About us (in Chinese)
- ^ "首次公开发行A股股票上市公告书" (PDF). Baiyin Nonferrous (in Chinese). Shanghai Stock Exchange. 14 February 2017. Retrieved 22 April 2017.
- ^ "2015年年度报告" [2015 Annual Report]. CITIC Guoan Group (in Chinese). Shanghai Clearing House. 29 April 2016. Retrieved 12 November 2016.
- ^ Filings in National Credit Information Publicity System