Yue Da Mining Holdings Limited (“YMD” or the “Company”), incorporated in Cayman Islands in June 2001, was successfully listed on the Hong Kong Stock Exchange on 29 November in the same year (stock code: 629). YDM and its subordinate enterprises are principally engaged in management and operation of certain projects of mining and processing of metal minerals in the People’s Republic of China (“PRC”).
Headquartered in Hong Kong, the Company has a total of nearly 400 employees and a number of subsidiaries and offices in the PRC, Currently, the Company is principally engaged in exploration, mining, processing and sale of metal minerals including zinc, lead, iron, gold ores and stone for construction. As at June 2016, the Company has certain mining projects in regions including Yunnan and Anhui.
Jiangsu Yue Da Group Company Limited (“Jiangsu Yue Da Group”), the controlling shareholder of the Company, is one of the 520 key state-owned enterprises and ranks among the top 10 sizable enterprises in Jiangsu Province with total assets of over [RMB]45 billion. In 2013, it realized an operating revenue of [RMB]101.22 billion and a profit and tax of [RMB]16.04 billion, which enabled it to rank among the “one-hundred-billion enterprises” and maintain its leading position as one ofthetop 100 PRC enterprises and top 10 enterprises in Jiangsu, and the top enterprise in the north of the Yangtze River in Jiangsu. Leveraging on the full support of its controlling company, the Company will further expand its business scope and scale, optimize its corporate governance and enhance its company value in order to reward its investors. Looking ahead, the Company will adjust its strategies in a timely manner based on macroeconomic condition to achieve remarkable growth by relying on Hong Kong’s capital market and through active cooperation and capital operation with large-scale enterprises.