Zijin Mining : Ranks N0.10 on “Top 50 Non-ferrous Metals Enterprises by Revenue”

13 August 2015

Recently, China Nonferrous Metals Industry Association released the list of "Top 50 Non-ferrous Metals Enterprises by Revenue in 2014". Zijin Mining Group Co. Ltd. ranks No.10 with the annual revenue of RMB 58.86 billion (about US$ 9.6 billion). Aluminum Corporation of China was rated as the first.

In accordance with the function of statistics commissioned by relevant department of the state, China Nonferrous Metals Industry Association annually ranks China's top 50 non-ferrous metals enterprises by their revenues within the industry.

A minimum sales revenue of RMB 4.45 billion (about US$727 million) was required to make the cut, a rise of RMB 13 million (about US$2 million) compared to 2013.

The total revenue of the listed enterprises is over RMB 2.3 trillion (about US$376 billion), and the average sales revenue continuously increases compared to the previous year. Thirty-nine enterprises achieved annual revenue more than RMB 10 billion (about US$1.6 billion).

The total assets of these enterprises also keep rising, up to 8.4% in 2014. 34 enterprises' total assets hit RMB 10 billion (about US$1.6 billion). On the ranking list, there are 27 private enterprises enrolled in 2014.