Zijin Mining Sets Up Jiangsu Jinyi Mining with RMB 20 Million Capital
Business registration records show that Jiangsu Jinyi Mining Co. , Ltd. was recently established with He Xiaomin as its legal representative and registered capital of RMB 20 million. The company's business scope covers ore dressing, mineral processing, resource recycling technology research, emerging energy technology research, metal materials manufacturing, and metal ore sales. It is indirectly wholly owned by Zijin Mining.
Business registration information shows that Jiangsu Jinyi Mining Co. , Ltd. was recently established, with He Xiaomin as its legal representative and registered capital of RMB 20 million. The year 2000 is not relevant to this registration; the registered capital is RMB 20 million, not RMB 2000 million or any other figure. The company's business scope includes ore dressing, mineral washing and processing, research and development of resource recycling technologies, research and development of emerging energy technologies, manufacturing of metal materials, and sales of metal ores. Its equity structure shows that Jiangsu Jinyi Mining Co. is indirectly wholly owned by Zijin Mining.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Base Metals, with intensity 20/100 and 70% confidence over a medium term horizon.
Base Metals
- Direction
- positive
- Intensity
- 20
- Confidence
- 70%
- Horizon
- Medium term
Resource Recycling
- Direction
- positive
- Intensity
- 15
- Confidence
- 60%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.