| Baiyin Nonferrous Group | |
| Trade Name: | BNMC |
| Logo Alt: | Baiyin Nonferrous logo, showing trading name "BNMC" |
| Type: | public |
| Predecessor: | Baiyin Nonferrous Metal Corporation |
| Hq Location: | No.96, Youhao Road |
| Hq Location City: | Baiyin District, Baiyin City, Gansu Province |
| Hq Location Country: | People's Republic of China |
| Products: | Copper, Zinc, Lead, Silver, Gold |
| Revenue Year: | 2016 |
| Income Year: | 2016 |
| Net Income Year: | 2016 |
| Assets Year: | 2016 |
| Equity Year: | 2016 |
| Website: | https://www.bynmc.com/ |
| Footnotes: | in consolidated financial statement[1] |
Baiyin Nonferrous Group Co., Ltd. known also as BNMC[2] is a Chinese company based in Baiyin, Gansu Province, China. The company was the main copper supplier in China.[3]
Since 15 February 2017, Baiyin Nonferrous is a listed company in the Shanghai Stock Exchange. In 2017, the localized version of Fortune ranked Baiyin Nonferrous as the 116th of top 500 Chinese enterprises.[4]
The predecessor of the company was established in 1954, as one of the industrial project of the First Five Year Plan.[5] It was the main copper supplier in China,[3] however, the mining pit opened in 1956 was shut down in 1988.[3] The city of Baiyin was declared by the government as “resource exhaustion”.[3] As of 2016, the company rely on investment in China, South Africa, Peru, DR Congo and the Philippines.[1]
| +top 9 shareholders[6] | |||
| Name | Percentage | Footnotes | |
|---|---|---|---|
| 36.16% | directly and indirectly owned | ||
| 32.27% | privately owned company; associate company of CITIC Group | ||
| Ruiyuan (Shanghai) Investment Fund | 11.47% | a private equity fund | |
| 5.38% | state-owned | ||
| 2.81% | state-owned | ||
| 0.86% | |||
| 0.63% | state-owned | ||
| 0.30% | state-owned | ||
| 0.11% | state-owned | ||
| Sub-total | 89.99% |