China Minmetals Corporation (hereinafter referred to as China Minmetals) was established as the result of a strategic recombination of two Fortune Global 500 companies – the former China Minmetals and the Metallurgical Corporation of China (MCC). China Minmetals, an important state-owned backbone enterprise with metallic minerals as its core business, is directly managed by the central government. It is a pilot enterprise for state-owned capital investment companies. In 2020, it ranked 92th among the Fortune Global 500 companies. Headquartered in Beijing, China Minmetals has eight listed companies, including MCC (601618.SH, 1618.HK) publicly listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange, Minmetals Capital (600390.SH), Minmetals Rare Earth (000831.SZ), Minmetals Development (600058.SH), China Tungsten High-tech (000657.SZ), and Zhuzhou Smelter Group (600961.SH), as well as Minmetals Resources (1208.HK) and Minmetals Land (0230.HK). By the end of 2019, the company had managed RMB2.16 trillion of assets, including RMB 929.5 billion in total assets. Overseas institutions, resource projects, and construction projects are located in more than 60 countries and regions across the world.
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|---|---|---|---|---|---|
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