China Mining Resources Group Limited is principally engaged in gold mining operation and tea business.
The Group commenced its tea business since 30 April 2009 after the acquisition of 80% interest in King Gold. King Gold Group is principally engaged in cultivation, research, production and sale of Chinese tea products, and its products are recognised in the PRC as premium tea products and widely distributed throughout the country.
Gold Mining Operation
The Group operates in gold mining since the completion of the acquisition of the entire equity interest in One Champion in February 2017. One Champion Group, through its 90% interest in Tongguan County Xiangshun Mining Development Co., Ltd. (潼 關 縣 祥 順 礦 業 發 展 有 限 公 司), is principally engaged in exploration, mining, processing, and sale of gold and related products in China.
The Group expands its gold mining scale after the completion of the acquisition of the entire equity interest in Perfect Major Holdings Limited in April 2017. Perfect Major Group, through its interest in Luonan Jinhui Mining Co. Ltd. (洛 南 縣 金 輝 礦 業 有 限 公 司) and Shaanxi Tongxin Mining Co. Ltd. (陝 西 潼 鑫 礦 業 有 限 公 司), is principally engaged in exploration of gold and related minerals in China.
The Group further expands its gold mining scale after the completion of the acquisition of the entire equity interest in Pride Success Investment Limited in November 2017. Pride Success Group, through its interest in Tongguan County De Xing Mining LLC (潼 關 縣 德 興 礦 業 有 限 責 任 公 司), is principally engaged in exploration and mining of gold and related minerals in China.
updated 8th November, 2017
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