Hunan Nonferrous Metals Exchange Co., Ltd.

Hunan Nonferrous Metals Exchange Co., Ltd.
Company Introduction

Hunan Nonferrous Metals Exchange Co., Ltd. is the first comprehensive nonferrous metals spot trading platform in China with government participation and controlling stake, and the second in China approved by the provincial people's government and filed with the approval of the inter-ministerial joint conference of the State Council.

※ Shareholder Introduction
Controlling shareholder: Hunan Nonferrous Metals Research Institute, founded in 1958, affiliated to Hunan Provincial Nonferrous Metals Administration, a credit rating "AAA" enterprise in Hunan Province, one of the first batch of intellectual property-intensive research institutes in Hunan Province, and the only nonferrous metal product quality supervision and inspection institution in Hunan Province.
Major shareholder: Changsha Xinglian Business Co., Ltd., founded in 2008, the first company in Hunan Province specializing in third-party payment services, and obtained the Payment Business License issued by the People's Bank of China in January 2013.

※ Background of Establishment
Hunan's nonferrous metals industry has a history of more than 2,700 years, with a wide variety of nonferrous metals and large reserves. Its antimony reserves rank first in the world; tungsten and bismuth reserves both rank first in China; lead reserves rank third in China; zinc and mercury reserves both rank fifth, enjoying the reputation of "Home of Nonferrous Metals". As a major province in the nonferrous metals industry, while enjoying resource dividends, Hunan also faces problems such as lack of industry pricing power and insufficient integration of the industrial chain. Against this background, in order to accelerate the standardized construction of the nonferrous metals spot trading market and boost the rapid development of the real economy of the nonferrous metals industry, Hunan Nonferrous Metals Exchange Co., Ltd. emerged. The company gathers strong platform advantages, promotes resource capitalization through financial innovation, leverages resources to drive development, and achieves deep integration of the real economy and financial innovation.

※ Business Scope
☆ Wholesale of nonferrous metals permitted by national policies
☆ Construction and management of e-commerce platforms
☆ Commodity information consulting, technology information consulting
☆ Road freight transport of non-dangerous and non-monitored goods and other logistics/warehousing agency services

※ Corporate Vision
The company strives to build itself into Asia's largest nonferrous metals exchange within 5-10 years, and build a solid platform foundation for China's nonferrous metal products to have pricing power and discourse power internationally.

Through a series of innovative advantages such as superior nonferrous metal resources, internet financial innovation models, purchase and sales and investment and financing services, the company adopts a sound risk control system, a safe and stable trading system, and high-quality third-party services to boost the real economy within the industry, lead the transformation and upgrading of China's nonferrous metals industry, and thus grow into Asia's largest nonferrous metals international pricing center with global influence.