China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Ltd.
中色股份
000758
Shenzhen Stock Exchange
Company Profile
NFC has rich experience in project development and management in the field of international engineering contracting, with a wide geographical distribution of projects, and has undertaken many key projects in the fields of nonferrous metals, petroleum and petrochemical, and mining in Kazakhstan, Saudi Arabia, the Democratic Republic of the Congo, India, Indonesia, Vietnam and other countries. The company has completed key inter-governmental cooperation projects as a general contractor for many times, and basically established major market areas such as Central and North Asia with Kazakhstan as the center, Southeast Asia with Indonesia as the center, Central and South Africa with Congo (Democratic Republic of) as the center, and countries around China. Technical level of NFC in lead and zinc smelting is in a leading position in China. The company is leading in the field of equipment manufacturing technology. At present, the company has formed three resource bases in Inner Mongolia Chifeng, Mongolia and Indonesia at home and abroad. The expansion and reconstruction project of Baineinuo Lead-Zinc Mine in 2023 was successfully completed. With the steady progress of the deep and lateral mining project at Aobao Zinc Mine and the construction ofAobao Zinc Mine and the construction of DPM zinc mine in Indonesia, as well as the tracking and development of multiple domestic resource projects,NFC's resource occupancy and resource supply capacity will be further improved. As a large international technology management enterprise, the company has a relatively complete business and technology management system, high-quality engineers and strong overseas institutions in international engineering and technology business cooperation. The company actively implements the strategy of talent strengthening enterprises, carries out classified management of scientific and technological talents and operation and management talents, and establishes an effective incentive mechanism to retain talents. Through the implementation of major science and technology projects and the deepening of industry-university-research cooperation, to cultivate a scientific and technological personnel team with reasonable structure, excellent quality and strong innovation ability; We attach great importance to training high-level talents who are proficient in international engineering and trade, international investment, intellectual property protection, and international commercial dispute settlement. In 2023, the company implemented the restricted stock incentive plan, and the grant object focused on leaning toward the technical backbone and leaning toward the grass-roots employees, stimulating the creativity and vitality of the employees, and effectively enhancing the internal power of the enterprise.
Full description
Since the establishment of China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd. (NFC in short) in 1983 upon the approval by the State Council, NFC has committed itself to project contracting and nonferrous metal resources exploitation in global market for years. NFC was listed on Shenzhen Stock Exchange (code 000758) on April 16, 1997 after assets restructuring. As a large international environmental friendly enterprise with scientific management system, high qualified engineers and representative offices worldwide, NFC’s business covers a wide spectrum of nonferrous metal project execution ranging from engineering, consultancy, equipment supply and installation, technical service, commissioning to personnel training. Holding resources integration capability and overall strength, including market development, design, investment and financing, resource exploration, project management, and equipment supply network based on competitive edges of set equipment and talents in this field as well as support from the government. During the entire process of nonferrous metal resources development, NFC always takes environmental protection as its priority and adheres this principle in each process of production for the best use of natural resources, promoting social and economic development as well as creating harmony between human and nature. NFC focuses on nurturing its core competitive edge and has established distinguished capabilities on social resources integration and large-scale nonferrous metal project management. NFC has established its major markets, which are Central and North Asia centered with Kazakhstan, Central and South Africa centered with Zambia, and neighboring countries such as Vietnam, Laos, Mongolia, North Korea, Indonesia, and Philippines. With the resources development steadily moving forward, a resources development pattern has been set up, consisting of Mongolia resources base, Chifeng strategic resources base, south China rare earth resources base, Laos’s bauxite resources storage base. Meanwhile, NFC is positively seeking for further projects related to resources in the developed mining capital markets like Australia. With its continuous development and stable increase of total assets and operating ability, NFC has entered the Shenzhen 100 Stock Index and Shanghai-Shenzhen 300 Composite Index.