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China Kings Resources Group Co., Ltd. (China)

Main Activities: Nonmetallic Mineral Mining and Quarrying | Nonmetallic Mineral Product Manufacturing
Full name: China Kings Resources Group Co., Ltd. Profile Updated: November 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

China Kings Resources Group Co., Ltd. is an industrial group specializing in the investment, development, production, and sales of fluorite mines and products. The company was established in 2001 and listed on the Shanghai Stock Exchange main board (stock code: 603505) on May 3, 2017. The company is headquartered in Hangzhou, Zhejiang, and has 16 subsidiary companies located in Zhejiang, Anhui, and Inner Mongolia Autonomous Region. China Kings Resources Group Co., Ltd. is currently the leading enterprise in China's fluorite industry in terms of resource reserves, mining, and processing scale. It is also the first listed company in China's non-metallic mineral mining and selection industry. The group has a high reputation in the industry for its mining operations, management level, mining technology, and environmental governance. It is the chairman unit of the Zhejiang Fluorite Association, the vice chairman unit of the Fluorite Professional Committee of the China Non-metallic Mineral Industry Association, and the vice chairman unit of the Zhejiang Mining Federation. The company has approximately 27 million tons of proven fluorite resource reserves, corresponding to a mineral quantity of approximately 13 million tons. Currently, the company holds 8 fluorite mining rights and 2 exploration rights. Among them, the High Wushan-Jiaokengwu fluorite mine in Changshan, Zhejiang, won the first prize of China's excellent geological prospecting project, and the Hengkengping fluorite mine in Suichang County, Zhejiang, won the second prize of China's excellent geological prospecting. The Sumochagan Aobao fluorite mine (second mining area) in Siziwangqi, Inner Mongolia, was once the main mining area of the largest fluorite mine in Asia. Adhering to the concept of "harmonious coexistence of people, resources, environment, and green development," the company focuses on mine management, improves resource utilization efficiency, builds green mines, and ensures mine safety. Its subsidiary mining enterprises have won titles such as "Advanced Energy-saving and Emission Reduction Enterprise," "Provincial Level One Enterprise for Mine Safety Standards," "National Green Mine Pilot Unit," "Provincial Green Mine," and "Local Taxpayer." The company has independently developed leading technologies in various fields, such as zero discharge process for recycling beneficiation wastewater, tailings recovery and reuse, gangue recovery, high-calcium and high-silicon low-grade fluorite beneficiation process, beneficiation pretreatment process, fluorite mine filling mining process, new fluorite beneficiation agents, resource recycling, and green mine construction. It holds multiple patents and high-level intellectual property rights in related fields. As a leading enterprise in the industry, the company is also the main construction unit of the "National Demonstration Base for Comprehensive Utilization of Mineral Resources" and the drafting unit of the industry standard "Fluorite," highlighting its prominent position in the industry.

Headquarters
Room 2301, South Building, Gongyuan Building, No. 8 Qiushi Road, Xihu District, Hangzhou City, Zhejiang Province
Hangzhou; Zhejiang; Postal Code: 310007

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Website: http://www.chinesekings.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 15, 2001
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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Director
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Director
Ownership Details
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50.55%
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2.74%
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2.66%
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2.59%
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2.17%
Subsidiaries
Jiangshan Jinling Fluorite Co., Ltd.
100%
Jiangshan Jinshi New Material Technology Co., Ltd.
100%
Jinshi (Jiangshan) New Lithium Salt Technology Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
58.5%
Total operating revenue
63.08%
Operating profit (EBIT)
-6.64%
Net Profit (Loss) for the Period
-1.71%
Total assets
44%
Total equity
10.6%
Operating Profit Margin (ROS)
-11.86%
Net Profit Margin
-8.91%
Return on Equity (ROE)
-1.5%
Debt to Equity Ratio
-1.24%
Quick Ratio
-0.34%
Cash Ratio
-0.17%

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