000833YueguiSZSE

Guangxi Yuegui Guangye Holdings Co., Ltd.

粤桂股份

000833

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryConglomerates
ListedNovember 11, 1998
Websitewww.yuegui.cn
IR Email000833@yueguigufen.com
Phone(+86)020-33970200
Address3F, Jiangong Building, No. 85, Liuhua Road, Liwan District, Guangzhou, Guangdong

Company Profile

I. Resource and Industrial Chain Advantages​ The company’s subsidiary Yunliu Mining owns the largest pyrite deposit in Guangdong Province. As of the end of the reporting period, the company’s total proven pyrite resources reached 208 million tons, with an average grade of 31.04%. It is one of the largest high-grade pyrite mines in China in terms of recoverable reserves, accounting for about 85% of the country’s total high-grade reserves, with an annual production capacity of approximately 3 million tons. According to statistics from BaiChuan YingFu Network, as of November 2025, the company’s pyrite output accounted for about 13.81% of the national total. High-quality and stable resource reserves provide a solid foundation for the company to consolidate its leading position in the non-metallic mineral industry. Leveraging its pyrite resource advantages, the company has built an integrated industrial chain encompassing mining, mineral processing, sulfuric acid production, phosphating, fertilizer production, silver powder, and sulfamic acid. This achieves a synergistic development model featuring self-supply of raw materials, diversified and complementary product structures, and by-product recycling. In the sugar sector, the company adheres to the integrated “sugar, pulp, and paper” production model, forming a closed-loop production system that comprehensively utilizes by-products such as bagasse pulping, continuously improving resource utilization efficiency. The company actively seizes opportunities in the new energy industry: on one hand, it is establishing a photovoltaic silver powder production base; on the other hand, leveraging the abundant quartz mineral resources in Qingyuan City, it is further extending the quartz industrial chain, striving to build a leading national green photovoltaic energy and new materials industry hub, driving the company toward high-quality and leapfrog development. II. Technological Advantages​ The Guigang National Eco-Industrial (Sugar) Demonstration Park, centered on Guitang Group, passed the national technical verification for eco-industrial demonstration parks. Guitang Group’s project “Key Technological Innovation and Application in Sugarcane Sugar and Pulp Industry Chain” won the 2025 Guangxi Academy of Sciences Science and Technology Award—Second Prize for Scientific and Technological Progress. The pulp mill leads domestically in technology and processes, employing an advanced elemental chlorine-free (ECF) process, with production technology and equipment meeting the international leading level for clean production as required by national policies, achieving goals of reducing energy consumption and boiler pollutant emissions. In pyrite mining, large-scale and automated crushing and grinding system upgrades have been implemented, utilizing advanced and reliable technologies to save energy, reduce consumption, and meet environmental standards. Major production processes employ advanced and applicable automated controls. In resource recycling, Yunliu Mining’s “Research and Application of Pyrite Tailings-Based New Low-Carbon Cementitious Material Technology” was selected as a Category B project under the Provincial SASAC’s Innovation Expansion Program. The company optimized the “tailings desulfurization” system process, enabling tailings to be used as cement non-active admixtures and for producing new building materials, significantly improving sulfur resource recovery rates. It also promotes comprehensive utilization of mine waste rock and disposes of backlogged waste materials via a “material-specific strategy.” Products from the green building materials project using tailings sand have been launched to the market, with a complete production and sales chain established. The silver powder project, led by Huajing Technology, relies on a fully self-controlled production system and multiple patented technologies, focuses on industry trends, and steadily advances R&D in key technologies such as silver-coated copper and “low-silver, silver-free” solutions. Huajing Technology was selected as a Category C enterprise under the Provincial SASAC’s Innovation Expansion Program, and its “Micro-Series Low-Temperature Silver Paste Specialized Nano Silver Powder” was selected as a Category C project, earning the company the title of “Guangdong Province Technology-Based SME.” III. Talent Advantages​ The company operates 9 national, provincial, and municipal R&D platforms, including a National Enterprise Technology Center, a Postdoctoral Research Station, the Guangxi Sugar Technology Innovation Center, the Guangxi Sugar Ecological Talent Mini-Highland, the Guangdong Province Pyrite Mining Engineering Technology R&D Center, the Guangdong Province Enterprise Technology Center, the Yunfu City Key Laboratory for Efficient Utilization of Pyrite Resources and Sulfur Chemical New Materials, the Yunfu City Pyrite Refined Sulfuric Acid Clean Production Engineering Technology Research Center, and the Guigang City Sugar and Pulp Solid Waste Resource Utilization Engineering Technology Research Center. These platforms cover sectors such as sulfur chemicals, sugar, pulp, and paper, forming a multi-dimensional innovation support system. The company insists on strategic investment in innovative talent and platform development. Through sustained funding and systematic management, the company drives breakthroughs and leadership in core industrial technologies, actively collaborates with universities and research institutes to establish joint research centers, deepens the integration of “industry-university-research,” and facilitates technology transfer. IV. Location and Social Advantages​ The company’s major subsidiaries are all industry leaders in their respective regions, boasting prominent location advantages and broad market reach. Yunliu Mining, as a leading enterprise in Yunfu City, benefits from an integrated road, rail, and waterway transportation network, ensuring stable ore supply and reliable customer demand. The company produces high-sulfur, high-iron, low-impurity ore, which serves as high-quality raw material for sulfuric acid. Its products are sold across South China, Southwest China, Central South China, East China, and North China. Dexin Mining’s quartz mine and quartz material processing base are located in Yingde City, adjacent to the core area of the Guangdong-Hong Kong-Macao Greater Bay Area, with a well-developed transportation network. The planned Dalan Port Terminal, to be constructed by China Communications Construction Company, is only 10 kilometers from the base and will significantly reduce logistics costs upon operation. Leveraging the Beijiang River’s golden waterway, products can be shipped directly to the Greater Bay Area and radiate to markets in East, Central, and South China. The base is 20 kilometers from the Yingde Railway Freight Station, enabling efficient and convenient intermodal transport.

Full description

Guangxi Yuegui Guangye Holding Co., Ltd. (stock code: 000833, hereinafter referred to as “Yuegui Shares”) is a diversified large-scale domestic comprehensive listed company, primarily engaged in three main sectors: sugar, pulp and paper, sulfur chemical, and new energy materials. The company’s current main businesses include: manufacturing, processing, and sales of machine-made sugar, paper, pulp, and food packaging paper; mining, processing, and sales of pyrite; production and sales of sulfuric acid, reagent acid (refined sulfuric acid), iron ore powder (pyrite cinder), and phosphate fertilizer; as well as processing and sales of silver powder. Its main products consist of machine-made sugar, pulp, machine-made paper, pyrite, sulfuric acid, reagent acid (refined sulfuric acid), iron ore powder, phosphate fertilizer, sulfamic acid, and silver powder. Guided by the principle of "prioritizing manufacturing," the company focuses on its positioning in "green new materials," adheres to the development philosophy of advanced manufacturing, and builds on its foundation in the non-metallic mineral chemical industry. It deeply engages in the upstream key resource materials of strategic pillar industries and forward-looking industries within the province. Meanwhile, the company will advance along the path of "resource raw materials - chemical intermediates - advanced materials" to strengthen and upgrade the chain of "sulfur-phosphorus-silicon + new energy materials," continuously foster new quality productive forces, and build a strategic holding enterprise group with leading industrial technology, diversified and synergistic businesses, and efficient resource integration.

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