Pengxin International Mining Co., Ltd, formerly known as Shanghai Zhongke Hechen Co., Ltd. (hereinafter referred to as “Zhongke Hechen”), was established in September 2000 in Shanghai, China and listed on the Shanghai Stock Exchange in 2003 with stock code: 600490.
In December 2008, Shanghai Pengxin (Group) Co., Ltd (hereinafter referred to as “Pengxin Group”) acquired 70% equity of Shanghai Zhongke Hechen Chemical Co., Ltd., the biggest shareholder of Zhongke Hechen and thus controlled 34.24% of shares of Zhongke Hechen indirectly.

Since July 25, 2013, through being approved by Shanghai Stock Exchange, the company’s stock name was changed from “Shanghai Zhongke Hechen Co., Ltd.” to “Pengxin International Mining Co., Ltd.” and its stock abbreviation was changed from “Zhongke Hechen” to “Pengxin Mining”. The company’s stock code remains unchanged at 600490.

The main business of Pengxin International Mining Co., Ltd. covers the mining, processing, smelting and sales of non-ferrous metal mineral resources, including copper, gold and cobalt. The company also engages in trading, finance. With the development and utilization of mineral resources as its core business, the company has internationally distributed business of non-ferrous metals and precious metals such as copper, cobalt and gold, as well as new energy business. The company also handles international trade, financial investment by adopting the internationalized, large-scale, and diversified development strategy that leads the industry. The company will make unremitting efforts to promote its transformation and upgrade from a producer and seller of mineral resources to a world-leading integrated resource service provider.