Xizang GaoZheng Explosive Co,Ltd

Xizang GaoZheng Explosive Co., Ltd. is a comprehensive service enterprise based in the Xizang Autonomous Region, specializing in the production and sale of civil explosives equipment. The company operates across the entire industry chain, including research, production, sales, transportation, and related services. Its primary offerings consist of industrial explosives, electronic detonators, and initiation devices, which are utilized in various sectors such as mining, hydropower, construction, and national defense. The company's operations are divided into three main business lines: civil explosives production, blasting services, and transportation services. Gaozheng's blasting services are a key revenue source, providing integrated solutions for both open-pit and underground mining operations. Additionally, Gaozheng Transport Co., Ltd. serves as the logistics arm, facilitating the transport of dangerous goods and general cargo. With a focus on safety and innovation, the company has established a strong market position in the civil explosives industry, supported by a robust governance structure and a commitment to technological advancement.

I. Our Management Advantages We have established a modern enterprise governance system with Chinese characteristics, earning the title of "State-Owned Enterprise Corporate Governance Model" from the State-owned Assets Supervision and Administration Commission of China State Council. By deepening state-owned enterprise reform and enhancing actions, perfecting the "Three Meetings and One Layer" operational mechanism, strengthening the construction of Party leadership and board authority, implementing tenure systems and contractual management, performing a scientifically effective decision-making, execution, and supervision system. Those governance advantages provide institutional support for our high-quality development. II. Our Industrial Layout Advantages As a leading enterprise in the civil explosives industry in Xizang, we have continuously enhanced investments to improve our marketing network, establishing a system covers all regions of Xizang. We have featured professional sales outlets, storage facilities, and a transportation fleet. Also, with development of Gaozheng Yiyi Company and our other platforms, production, our business coverage and market share have maintained a long-term regional leadership position, receiving key support from various levels of regulatory authorities. III. Our Safety Management Advantages The company always prioritizes safety in production, designating the annual safety production meeting as the number one meeting of the year, adhering to the safety philosophy that "safety is our life, without safety there is nothing." It pioneered the "Dual Supervisor + Stationed" management model to achieve comprehensive safety supervision. Through specialized safety education and training, a robust safety system, and hazard investigation and mitigation measures, the company has maintained a record of zero accidents in production for many years. The company, focusing on the R&D, production, sales, transportation, and blasting services of civil explosives equipment, has developed comprehensive safety management techniques and experience that suit the specific conditions of the Xizang region, trained a cadre of experienced safety personnel, and established a unique plateau-specific safety management model, continuously enhancing the intrinsic safety level of the enterprise. IV. Our Blasting Services Advantages Chengyuan Mining Development Co., Ltd. as our majority-owned subsidiary, holds dual first-class qualifications (first-class license for blasting operations and first-class general contracting for mining engineering construction), while another controlled subsidiary, Xizang Gaozheng Blasting Engineering Co., Ltd., holds a second-class commercial blasting operations license and a second-class qualification for mining engineering construction general contracting. These credentials have enhanced and perfected our competitive capabilities in blasting services sector, establishing an integrated service capacity including R&D, production, sales, transportation, and blasting services. V. Our Technological Innovation Advantages We have established an "industry-academia-research-application" collaborative innovation system, relying on our academician workstation and two research centers, focusing on the research and development of new products for high-altitude civil explosives equipment, production technology, and engineering blasting techniques. In 2024, in collaboration with Anhui University of Science and Technology and Fujian Strait Science and Chemical university, we completed the "Research and Development of Amine Ammonium Explosives" project, which, upon authoritative evaluation by the Ministry of Industry and Information Technology of China, was rated as "original innovation domestically and internationally reaching advanced international level," filling a technical blank in relative industry. Furthermore, we have been successively recognized as the national "Science and Technology Reform Demonstration Enterprise," "High-Tech Enterprise," "Green Factory," and "Specialized, Fine, Unique, and New Enterprise," "Green Factory," "Green Supply Chain Management Enterprise", "Xizang Autonomous Region Innovative SME" for Xizang Autonomous Region, with additional certifications in Lhasa as a "Zero Waste Factory Enterprise" and "Demonstration Intelligent Workshop Enterprise."