China National Gold Group Corporation

China National Gold Group Corporation

Headquartered in Beijing and Founded on the basis of those gold operations and institutions that previously belonged to the central government, China National Gold Group Corporation (CNGGC, or China Gold) is a large scale state-owned enterprise with China National Gold Corporation as its predecessor.As an investment organization authorized by the central government China Gold directly reports to the central government and it is also a pilot company that the government is as the sole shareholder. The subsidiaries of China Gold include the following: the gold operations and institutions that previously belonged to the central government, the enterprises invested by China National Gold Corporation, and those enterprises that are formed by the investment of government funds for the gold industry which are turned into the ownership China Gold. Being the earliest company in doing gold mining in China, and possessing a total assets of RMB10..2 billions, China Gold has rich management experiences and strong strength in both technology and capital. It has set up a complete research and development system of its own and made quite a few research achievements with independent intellectual properties. In particular, in the areas of exploitation and use of resources of refractory gold ore, and gold refinery, China gold is at the advanced level of world standard. China Gold has its gold operations all over China, and contributes 20% of total gold production in China, meanwhile, controls over 30% of the total reserve in China, which guarantees a promising prospects.

China National Gold Group Corporation is the council member of Shanghai Gold Exchange, and Zhongjin Gold Co Ltd., with China Gold as the major shareholder, is a leading company in the gold mining industry. Besides gold mining, the group corporation is also active in other businesses such as international trading, radiation processing, news media, outdoor advertisement, storage and transportation and so on, which all run well produce good results. China Gold enjoys high credits in both China and abroad, and sets up close business relationship with those large gold mining houses in the world. China gold is exclusive company in China that is authorized by the State Council to do gold loan in the world gold market and the only Chinese member of the World Gold Council.

Contact Details

Office Address

China National Gold Group Corporation
Qingnianhu Beijie Anwai
Beijing, China 100011
Phone: +86- 84-123-187
Fax: +86-84-113-355

Executives

President

Sun Zhaoxue

Business Reviews for China National Gold Group Corporation

Related Companies