Yunnan Chihong Zinc and Germanium Co., Ltd. (hereinafter referred to as "Chihong Zinc and germanium") is a state-owned holding A-share listed company which is mainly engaged in lead-zinc industry and integrates geological exploration, mining, beneficiation, metallurgy, chemical industry, deep processing, trade and scientific research. It is 38.49% owned by Yunnan Metallurgical Group Co., Ltd. and established in July 2000 with 10014 employees. The predecessor of Chihong Zinc and germanium is Huize Lead Zinc Mine in Yunnan Province, which was founded in January 1951. It is an early enterprise in China to extract germanium from oxidized lead zinc mine for national defense industrial construction. After more than 60 years of inheritance and innovation and development, Chihong Zinc and germanium has developed into a group and international enterprise with 40 subsidiaries in Yunnan, Sichuan, Inner Mongolia, Heilongjiang, Tibet, Hong Kong, Canada, Australia, Bolivia and other foreign countries. The resource varieties cover lead, zinc, germanium, silver, gold, indium, copper, molybdenum and other non-ferrous metals. By the end of 2015, Chihong's total assets of zinc and germanium exceeded RMB 33 billion, with an annual mining capacity of 3 million tons, beneficiation capacity of 4.5 million tons, smelting capacity of 350000 tons, and comprehensive recovery of more than 1100 tons of associated metals such as gold, silver, germanium, cadmium, bismuth, antimony, indium, etc. Chihong Zinc Germanium actively complies with the industrial development orientation, strives to develop green circular economy, and constructs the whole industrial chain development mode of "risk geological exploration - mine waste free mining - smelting clean production -" three wastes "recycling - comprehensive recovery of rare and precious metals - deep processing of products". Chihong Zinc Germanium will focus on improving development quality and economic benefits, adhere to green and intensive development, consolidate resource reserves, improve asset structure, strengthen capital operation, accelerate transformation and upgrading, and build the company into a world-famous non-ferrous international mining company.
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