Guangshou Group is a trans-regional and multi-industry group enterprise under the approval of the State Administration of Industry & Commerce. It possesses 21 stock holding subsidiaries and share participating subsidiaries, 15 of which are stock holding enterprises. It mainly engages in the industries of mining development, engineering, construction and real estate, boasting of a total asset of 1.8 billion yuan and a net asset of 750 million yuan.
Its parent company — Guangshou Group Co., Ltd. engages in a registered business scope: investment and technology consultation on mining projects, well lane project of mining, indoor and outdoor fitment and decoration project, manufacturing of mechanical facility, construction material, chemical material, distribution of commodity, import and export of goods and technology, and international shipment agent.
Since its establishment, the company has been adhering to the spirit of “quality is the root of existence and credit is the road of development”, which brings to it a favorable social credit. The company enjoys an effective management system, a complete organization build-up and an extraordinary possession of capital and technology. The number of its present management and technicians amounts to 300, among whom 258 are professionals.
With the mining business started in 1994, the company has accumulated more than 10 years of experience in mining development and investment, and has successively established enterprises and teams in Guizhou, Sichuan, Fujian, Guangxi, Yunnan in china and North Korea, Indonesia, Thailand, and Burma. Mainly engaged in the exploitation and development of mining of molybdenum, lead zinc, copper, manganese, iron, silver, gold and coal, it possesses over 10 independent corporate bodies, over 40 mining certificates, 6 mines, 3 mineral separation factories and 2 coking factories.
North Korea: North Korea Daguang Cooperative Company, an investment enterprise was established in North Korea under approval of Department of Commerce in 2005. With a total investment of 5 million Euro, we own 65% of the stock. It possesses 2 mines, namely the molybdenum mine in Longxing, Pingan Nandao Administrative Region and the molybdenum mine in Xipu, Jiangyuandao Administrative Region in DPRK. The construction of the project was started in May, 2005, and production began on Sep. 9, 2006.
Indonesia:Started in August, 2007, three enterprises including Indonesia CGGC Mining Co., Ltd. were established to operate 5 independent or cooperative mining projects, mainly producing manganese and coal ores.
Thailand:Started in August, 2007, Thailand Sino Thai International Mining Development Co., Ltd. was established to operate a purchased iron mine, mainly producing manganese and iron ores.