On July 27, Fortune Chinese.com released the 2020 Fortune China 500 list. Zijin Mining ranked 77th on the list with an operating income of 136.1 billion yuan, an increase of 10 places from 2019.
The total revenue of the 500 companies on the list this year reached 50.5 trillion yuan, and the annual revenue threshold was close to 17.8 billion yuan, an increase of 11% and 10% respectively from last year. Among them, there are 4 gold companies on the list, namely Zijin Mining, Shandong Gold, Zhongjin Gold, and Hengbang Smelting. Zijin Mining's operating income and net profit attributable to the parent ranks first among the 4 companies, and it is the only company among the top 100 gold companies.
● From the perspective of the metal industry’s entry into the list, a total of 51 metal companies (including steel companies) are on the list, and a total of 7 companies with an operating income of over 100 billion yuan are Baosteel, Jiangxi Copper, Aluminum Corporation of China, Zijin Mining, HBIS, Valin Steel, Angang Steel.
● From the perspective of the non-ferrous metal industry, there are 23 selected companies and 3 companies with operating income of more than 100 billion yuan. Zijin Mining ranks third after Jiangxi Copper and Aluminum Corporation of China.
● In addition, it is worth mentioning that entering 2020, Zijin Mining continued to maintain a good operating trend, achieving revenue of 36.2 billion yuan and net profit of 1.04 billion yuan in the first quarter, up 25% and 19% year-on-year respectively; Columbia Buri A number of gold mine construction/technical renovation projects such as Tikka Gold Mine, Australia Norton Gold Field, Serbia Timok Copper and Gold Mine, Longnan Zijin, Shanxi Zijin and other gold mine construction/technical transformation projects are proceeding in an orderly manner; the newly acquired Tibet Julong Copper Industry will lead China’s proven copper metals The development of the porphyry copper deposit with the largest resource reserves; the Guyana goldfield project to be acquired is proceeding in an orderly manner as planned.
