HUNAN SILVER CO.,LTD.
湖南白银
002716
Shenzhen Stock Exchange
Company Profile
1. Leading technology of silver smelting and comprehensive recovery of resource a) Jingui Silver is one of the national new and high technology enterprises, and the research and development center of company is the state-level enterprise technology center. We have successfully developed 91 patented technologies centering on our main business, including 68 patents for invention, and the technology of non-ferrous metal smelting of arsenic solid waste management and cleaning utilization won the second prize of National Science and Technology Progress Award. 2. Acquisition of mines and aiming at the upstream resources a) Jingui Silver has purchased 66% of the stock rights of Tibet Jinhe Mining Co. Ltd and 100% of the stock rights of Tibet Junlong Mining Co. Ltd. After the acquisition, we are now aiming at mine resources of good quality and lowering the risk of raw material purchasing and then realizing the improvement of business performance and raising the whole value of our company. The mining industry will be a new profit growth of us. 3. Assistance of local government and increasing scale advantages a) Chenzhou is the Silver City of China with its pillar industry of nonferrous metals, and the local government introduces many supportive policies including industry guiding capital, preferential tax policies, land policies and many other policies of different aspects. The silver production of Jingui Silver broke through 1000 ton in 2016 and made us rank at the front row of national silver smelting enterprises. When the 2000t/a Cleaning and Expansion of High Purity Silver Project reaches the target output, our silver production are going to break through 2000 ton, being at the front row of the world. Jingui Silver will integrate the local silver resources of Chenzhou under the support of government, which will largely enhance the scale advantages of silver of our company. Also, the discourse power and influence of our company in the industry will be increased to a great extent.
Full description
Chenzhou City Jingui Silver Industry Co, LTD is a new and high technology enterprise which synthetically recovers silver, lead, gold, bismuth, antimony, zinc, copper, indium and many other nonferrous metals from lead concentrate rich in silver and waste liquid and residue of lead smelting. Our main business is centering on silver smelting and further processing along with lead smelting and doing comprehensive recovery of gold, bismuth, antimony, zinc, copper, indium and other valuable metals. The major products of Jingui Silver are silver and electrolytic lead, and the annual output of silver is at the front row of the national similar enterprises. It is one of the most important bases of silver production and export in China. The major products of Jingui Silver are silver, electrolytic lead, gold and other integrated recovery products. It belongs to nonferrous metal smelting industry. The industry productivity, price trend, and industry fluctuations are largely influenced by the international and domestic macroeconomic environment, the development of upstream and downstream industries, and the futures and spot market fluctuations. The operating performance is very sensitive to the prices of nonferrous metals, and the price trend of nonferrous metals determines the cost of related raw materials, inventory value, and selling prices of finished goods. As the leading enterprise of national silver industry, with its whole industry chain centering on the silver cleaning smelting processing and comprehensive recovery of resource, Jingui Silver keeps strengthening its internal management and improving the ability of technological innovation and technology research and development, managing to achieve the goal of high efficiency, low cost and a higher level of resource recovery. Our company exclusively created the world-leading clean arsenic free silver smelting technology which solved the problem of arsenic damage that had puzzled the silver smelting industry for so many years. The completion and putting into production of the direct reduction and energy-saving reconstruction of liquid slag and waste heat power generation project represents that the technology and equipment of lead smelting process of our company takes a new step and achieves an advanced level of the industry, which further highlights and consolidates the advancement and stability of our silver industry chain and lowers the cost of production prominently. The equity investment project of 50 Thousand Ton Lead Copper Matte Residue Resource Recovery has been completed and put into production, making the comprehensive recovery capacity of our company further enhanced. For the past few years, Jingui Silver has been exploring transformation and upgrading and developing recycling economy actively, and it basically forms the industrial chain system of “lead concentrate rich in silver-lead anode slime-silver(along with the comprehensive recovery of other valuable metals)-deep processing of silver products-Internet plus” at present. It builds a development model of whole industrial chain plus based on silver and focuses on being the leading integrated service provider of global silver industry.