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Southern Science City Development Co., Ltd. (000975)

Date:2021-03-28 View:431

Southern Science City Development Co., Ltd. (000975)

Yintai gold (000975. SZ) group is committed to the exploration, mining and sales of non-ferrous metals, rare and precious metals and investment in mineral resources industry. It has the largest reserves and the highest single silver grade silver polymetallic ore in China. Yintai gold asset quality is good, strong technical force, has developed into a domestic resource class has important influence of listed companies. In November 2016, it acquired the gold mine resources of Canada gold producer and explorer elrado gold company located in China, mainly covering Dong'an gold mine of Heilongjiang Heihe Yintai mining company, Jinying gold mine of Jilin Banmiaozi mining company and Tanjianshan Gold Mine of Qinghai Dachaidan mining company, including 4 mining rights and 9 exploration rights, with abundant gold reserves, The grade is generally high. With the completion of the acquisition, Yintai gold has obtained a large number of high-grade gold assets and resource reserves, further enhancing the company's competitive strength and ability to resist risks, and further enhancing the company's position in the non-ferrous metal industry; substantially increasing the asset scale, further improving the financial structure, and improving the profitability will create better returns for all shareholders; The company has obtained international advanced mining technology, mine management experience, management mode and international talent team to lay a foundation for the sustainable development of the company.


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