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Inner Mongolia Xingye Mining Co., Ltd. (stock abbreviation: Xingye Mining; stockcode: 000426) was listed in Shenzhen Stock Exchange on August 28, 1996. OnOctober 24, 2011, approved by the China Securities Regulatory Commission, thecompany implemented major assets reorganization, thus the original urban heatsupply, electricity supply and other main businesses were changed to the miningand smelting of non-ferrous metals. Now the registered capital of the companyis 1,868,500,557 yuan, totally with 1.869 billion shares including 1.148billion unrestricted outstanding shares.

The main products of the company include lead, zinc, copper, iron, bismuth,tungsten, silver, tin and other non-ferrous metal and black metal. Now thecompany has 13 subsidiaries with its headquarters located in Chifeng City,Inner Mongolia known as “the home of non-ferrous metal in China”. With thelocal location advantages of abundant resources, the company has establishedstrategic objective of “keeping a foothold in regional resources, laying outindustrial extension, developing new industries and building a strong corporateculture” as well as the overall development direction of “strengthening theindustries of non-ferrous metal, precious metal and rare metal, adjustingindustrial structure and extending industrial chain”. Presently the company hasdeveloped the whole industrial chain competitive advantages integratinggeological exploration, mining and dressing and smelting. With rich reserve ofmineral resources distributed in Inner Mongolia and Henan, etc. the companyowns the largest no-ferrous polymetallic mine that mainly riches in silver andtin.

With leading top-class equipments of the industry, the company adopts advanced andpractical automatic control technology. Advocating the innovative idea that“development lead to innovation, and innovation will lead to continuousdevelopment”, the company ranks a leading position in the industry in suchaspects as geology, mining and dressing and smelting. Ranking a leadingposition in terms of mining and dressing technology content among miningenterprises of the same scale, the company is appraised as Grade II EnterpriseReaching Standardization Standard.

Insisting the safety and environmental protection ideas that “safety is equal to 365 daysand 365 less 1 is 0” and that “environmental protection is eternal wealth ofthe enterprise and the enterprise will survive as long as the environment isprotected”, the company considers safety and environmental protection as animportant lifeline for survival and development of the enterprise. The companyhas continuously improved the level of safety management, promoted the idea ofenvironmental protection and increased the input in environmental protection tocreate green civilization.

The doer often succeeds andthe traveler sets no limits. Under the new situation, Xingye people, upholdingthe corporate values of “starting from me and sharing weal and woe”, regard“investing efforts in self-development and making dedication to return to thecommunity” as a corporate mission, promote the “dependable, dutiful, pragmatic,and innovative” corporate spirit, and make persistent efforts in realizing thevision of the developing the company into a regional large-scale and China’sstrong enterprise with a more high-spirited passion and fruitful practicalaction.