GROUP INTRODUCTION

Group Introduction

The Xinyang Minerals Group,approved by the Ministry of Foreign Trade & Economic Cooperation, is a comprehensive enterprise group that specializes in mine opening, mineral processing, flame retardant powder production,environmental pollution treatment,mineral fertilizer production, import & export trade, scientific research and owns hundreds of innovation patents.

The group owns numerous non metallic mines,including brucite mines,magnesite mines,marble mines,potash feldspar mines,dolomite mines,chlorite mines,wollastonite mines etc,and owns a premium brucite mine with huge amount of proven deposit.

The group is headquartered in a port city, Dalian,Liaoning province, with 265 employees, including 20 senior technical experts.

The three large-scale production plants are located in Donggang, Fengcheng, and Liujiahe in Dandong city,which covers a total area of 1,800 mu with total construction area of 15,000 square meters. The group engages in non-metallic mining with production capacity of more than one million tons per year. The processing plants have updated large-scale automation equipment and owns the first large-scale vertical mill equipment and continuous powder modification equipment designed by Sino-German cooperation. Its design and application take the leading position in the same industry area. The plants enjoy superior geographical locations and convenient transportation, and are adjacent to Danda Expressway,Dandong Port. Dalian Port and Yingkou Port .

After more than 30 years’ unremitting efforts, the Xinyang Minerals Group has become a leading supplier of brucite ores and magnesium hydroxide superfine powder flame retardant in China and has established an entire industrial chain, ranging from mine opening to refined processing, from technology research and development to downstream services. The registered capital of the group is 50 million RMB, the total investment of fixed assets is 500 million RMB, and the annual export turnover is 300 million RMB.The bidding quota of raw ore exports has ranked first in China for many years. The annual sales turnover of powders takes over top 10 position in export and domestic sales of brucite industry. For many years,the group has been titled to a well-known enterprise with excellent reputation in Liaoning province,which ranks among the top ten taxpayers in the city, top ten private enterprises, advanced units in safety production, and top ten enterprises in social contribution.

In the future, the Xinyang group will continue to take the advantage of its resources , break down technical barriers, strengthen international technical cooperation, and extend to a number of advanced brucite application areas, such as military cable, pharmaceutical chemistry, paper and pulp , etc., and gradually establish a top brucite industry supply chain in China.