INNER MONGOLIA XINGYE SILVER＆TIN MINING CO.,LTD
兴业银锡
000426
Shenzhen Stock Exchange
Company Profile
Yinman Mining, a key subsidiary of the company, primarily holds high-grade reserves of lead-zinc-silver and copper-tin-silver-zinc deposits, featuring elevated silver content and a long remaining mine life. It is recognized as one of the largest silver-producing mines in China and serves as a core producer of tin concentrates in the domestic market. According to the Tin Industry Branch of the China Nonferrous Metals Industry Association, Yinman ranked second nationally in tin concentrate production in 2023, capturing an 8.7% share of the domestic market—up 6.1 percentage points from 2022. Meanwhile, another subsidiary, Yubang Mining, holds the Shuangjianzi Mountain silver-lead-zinc mine area, which has been identified as a strategic asset. Based on data published by the U.S. Geological Survey as of May 2023, the mine accounts for 20.93% of China’s total silver reserves and 2.70% of global reserves. According to the Silver Institute’s 2023 year-end statistics, the mine ranks as the largest standalone silver deposit in Asia and fifth globally.
Full description
Xingye’s core operations are centered on the exploration, extraction, and smelting of non-ferrous and precious metals. As a holding company, the listed entity does not engage directly in mining or production activities. As of the reporting date, Xingye oversees a portfolio of 18 subsidiaries, strategically organized into five principal business segments: Mining, Smelting, Investment, Trading, and Research & Development. The Mining segment encompasses 11 subsidiaries—namely Yinman, Qianjinda, Rongguan, Xilin, Rongbang, Ruineng, Bosheng, Tanghe, Yitong, Yunnan Xigui, and Yubang Mining (acquired in early 2025). These entities are primarily engaged in the exploration, extraction, processing, and commercialization of non-ferrous and precious metals. The Smelting segment is represented by Shuangyuan Nonferrous, which specializes in lead smelting and the recovery and sale of precious metals. It is noteworthy that Shuangyuan Nonferrous is currently not in operation. The Investment segment is led by Xingye Silver-Tin (Hainan) Private Equity Fund Management Co., Ltd., focusing on equity investment management. The Trading segment includes Xingye Gold (Hong Kong), which facilitates international trade in metals and mining, cross-border mergers and acquisitions, and the acquisition of high-quality overseas mineral resources. Xingye Silver-Tin (Hainan) International Trading Co., Ltd. and Xingye Silver-Tin (Tianjin) International Trading Co., Ltd. also fall under this segment, specializing in the sale of non-ferrous metal products and the procurement of strategic raw materials. The Research & Development segment is driven by Beijing Xingye Ruijin Technology Co., Ltd., which focuses on technological innovation in mineral exploration, extraction techniques, tailings reutilization, and overall process enhancement.