Xinjiang Nonferrous Group established a copper company with a registered capital of 48 million yuan.

Sina Finance reported on March 31st that according to the Enterprise Check App, recently, Hami Dahongshan Copper Industry Co., Ltd. was established with Ji Xiaofei as its legal representative and a registered capital of 48 million yuan. Its business scope includes: mineral resource reserve estimation and report preparation services; mineral selection; mineral washing and processing; metal material sales; precious metal smelting, etc. Equity penetration information from Enterprise Check shows that the company is wholly owned by Xinjiang Nonferrous Metal Industry Co., Ltd.