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Shaanxi Non-ferrous Metals Holding Group Co., Ltd. (hereinafter referred to as Shaanxi Youser Group) is based on previous China National Non-ferrous Metals Xi¡¯an Corporation. In Oct.2000, with the localization management for state Non-ferrous metal industry, Shaanxi Non-ferrous Metal Holding Group Co.,Ltd., based on the central enterprises and government-sponsored institutions under Shaanxi People¡¯s Government, was established with the authorized investment unit granted by People¡¯s Government of Shaanxi Province and state-owned solely limited company. In 2003, People¡¯s Government of Shaanxi Province took Shaanxi Non-ferrous Metal Group Co., Ltd. as the trial enterprise for state-owned assets administration system reform in Shaanxi Province, further improved the management system and operation mechanism. On Feb.28, 2004, Shaanxi Non-ferrous Metal Holding Group Co., Ltd. was established.
Over years¡¯ development, Shaanxi Youser Group has been an industrial group integrating state-owned assets operation, property management and development of Non-ferrous metal resources, equipped with the capacity to independently develop the domestic and oversea Non-ferrous metal resources as well as the abundant industrial production and scientific power. Currently, the comparable integrated industry system has been established in terms of mine plan and processing, smelting process, exploration & design, processing & manufacturing, domestic & international trade along with real estate development. Shaanxi Youser Group now has 26 subsidiary units and more than 30,000 employees in service, including 35 wholly funded and holding companies: Jinduicheng Molybdenum Industry Group Co., Ltd., BaoTi Group Ltd., Shaanxi Tongchuan Aluminum Co., Ltd., Hanzhong Bayi Zinc Industry Co., Ltd., Shaanxi Lead Copper & Mining Co., Ltd., Shaanxi Nonferrous Mine Company, Shaanxi Yinmusi Mining Co., Ltd., Shaanxi Wuzhou Mining Co., Ltd., Shaanxi Silver Mine, Shaanxi Fengxian County Sifang Gold Mine Company, Shaanxi Zinc Industry Co., Ltd., Shaanxi Jianchaling Nickel Industry Co., Ltd., Shaanxi Huashan Semiconductor Material Co., Ltd., China National Non-ferrous Metals Imp. & Exp. Shaanxi Corporation, Xi¡¯an Supplying & Transportation Company of China Non-ferrous Metal Industry, Xi¡¯an Sub-company of China National Non-ferrous Metal Industry, Shaanxi Tianhong Silicon Material Co., Ltd., Hanzhong Tianhongji Mining Co., Ltd., Shaanxi Youser Yulin Coal Industry Co., Ltd., Hehe City Senxin Mining Development Co., Ltd., Shaanxi Metallurgy and Mine Company; 3 government-affiliated institutions: Northwest Geological Exploration Bureau of Non-ferrous Metals, Xi¡¯an Engineering Investigation and Design Institute of China Non-ferrous Metals Industry, Xi¡¯an Non-ferrous Metallurgy Design & Research Institute; 1 equity participant enterprise (formed after debt-to-equity swap): Shaanxi Huashan Engineering Machinery Co., Ltd.; 1 mandated enterprise: Northwest Supplying & Marketing Company of China Non-ferrous Metals Industry.
Among affiliated enterprises, Jinduicheng Molybdenum Industry Group Ltd. ranks the third in world and the first in Asia in terms of the molybdenum processing capacity. ¡°JDC¡± fine molybdenum mine and the industrial molybdenumoxide commands a ready market in more than 40 countries and regions in the world and its holding JDC Stock is firstly listed in A Share Market of molybdenum industry among the domestic enterprise; Bao Ti Industry Group Ltd. is the largest processing and scientific research base for rare metal processing in China, the annual output of its leading products, titanium materials, responsible for more than 85 percent of total national output and for a share of more than 95 percent of arsenal market, and its holding Bao Ti Stock is the first listing enterprise in Shaanxi Non-ferrous Metal Industry and China Titanium Industry. The Wuzhou Mining Company has become the largest production base for individual mineral ¨C vanadium after industrial consolidation. The polycrystalline silicon project constructed by Shaanxi Tianhong Silicon Material Co., Ltd. will fill up the blank for large-scale production of micro-electronics level polycrystalline silicon after completion for operation in China, which will be of great significance to the development of China electronic material industry as well. Various products include fine molybdenum mine, high dissolved molybdenum oxide, ammonium molybdate, products made of molybdenum, titanium, titanium alloy material, rare metals processing, aluminum, lead, zinc, gold, silver, vanadium pentoxide, monocrystalline silicon and polycrystalline silicon, nickel and manganese; the leading products such as molybdenum and titanium are competitive both at domestic and overseas market; and products such as aluminum, lead, zinc, gold, silver and vanadium play important role in China.
Since the ¡°10th Five-Year Plan¡±, Shaanxi Youser Group has been in the overall profit condition, the industry production value, sales revenue, gaining foreign exchange with export and total sum of profit tax have witnessed sharp increase, the total assets rising to RMB 44 billion yuan in 2008 as compared with RMB 5.12 billion at the end of 2000 and sales income breaking RMB 20 billion yuan in successive two years, and main economic indicators ranking among Top 10 of national nonferrous metal industry and Top 500 of excellent enterprises in China, so apparently, it has become a large enterprise group among the enterprises directly led by Shaanxi Province, characterized by fast increasing in economy, strong profit-making, Shaanxi economic feature and participating in international competition. The Group has won in succession the titles of honor such as ¡°Famous State-owned Enterprise in Shaanxi¡±, ¡°Advanced Group of Shaanxi¡±, ¡°Advanced Team of National Excellent Leaders in Four Aspects¡± and ¡°National May 1st Certificate of Merits¡±.
Going into a new historic period, Shaanxi Youser Group will follow guidelines of the 17th National Congress of the Communist Party of China, adhere to scientific development, transform its development mode, implement a development strategy of dual-wheel drives in terms of product management and capital operation, work hard to realize a total asset amounting to RMB 50 billion yuan and sales income attaining to RMB 50 billion yuan so as to become a nationally first-class and internationally known large enterprise group.
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