On August 24^th, Shanghai EnterpriseConfederation, Shanghai Entrepreneur Association and Shanghai Federation ofEconomic Organizations jointly published the ranking list of “2018 Top 100Enterprises in Shanghai”, “Top 100 Manufacturing Industry Enterprises inShanghai”, “Top 100 Service Industry Enterprises in Shanghai”, “2018 Top 100Private Enterprises in Shanghai”, “Top 100 Private Manufacturing Industry Enterprisesin Shanghai”, “Top 100 Private Service Industry Enterprises in Shanghai” and “2018Top 50 Growing Enterprises in Shanghai” at Shanghai Jinjiang Small Hall. PengxinMining has won its glory and named to a number of lists with its considerableoperating income and steady growth. In particular, Pengxin Mining was named tothe “Top 100 Enterprises in Shanghai” for the first time and ranked the 87^th.     

The 87^th of 2018 Top 100Enterprises in Shanghai

Other lists PengxinMining has won its glory and named to

The 37^th of 2018 Top 100 PrivateEnterprises in Shanghai

The 32^nd of the 2018 Top 100Manufacturing Industry Enterprises in Shanghai

The 3rd of the 2018 Top 50 Growing Enterprises in Shanghai

The 14^th of the 2018 Top 100Private Manufacturing Industry Enterprises in Shanghai

Jointly initiated by Shanghai Enterprise Confederation and Shanghai EntrepreneurAssociation, voting of “Top 100 Enterprises in Shanghai” takes the enterprise’slast year’s operating income as the short-listed standard and conductscomprehensive evaluation and ranking by revolving around the business scale,economic efficiency, operating vitality, asset efficiency, labor efficiency andR&D expenses, etc.. “Top 100 Enterprises in Shanghai” has become a benchmarkof the management quality of enterprises in Shanghai.

In 2017, the operating profit and operatingincome of Pengxin Mining have increased sharply, it has realized an operatingincome of RMB 6.056 billion Yuan, an increase of 136.57% year on year; netprofit attributable to shareholders of listed companies of RMB 301 millionYuan, an increase of 484.99% year on year. The dazzling performance has fullyreflected the preliminary results of Pengxin Mining’s strategy of “industry+finance” and “investment +mergers & acquisitions”.

Inthe future, Pengxin Mining will continue to actively promote the businesstransformation and upgrading and form resources integration and synergypromotion of four major business segments, namely mining, new energy materials,international trade and financial investment, based on building a completeindustrial chain centering on mining, mineral processing and smelting ofcopper, cobalt and gold. Pengxin Mining will make unremitting efforts torealize the strategic vision of “the leading global provider of integratedresources”.