Established in 1995, Shaanxi Jianchaling Mining Development Co., Ltd (hereinafter referred to as Jianchaling Company) is invested by five shareholders. They are Shaanxi Non-Ferrous Metal Holding Group Ltd, Shaanxi Gold Company, Hanzhong City Financial Bureau, Lueyang County Financial Bureau, and Shaanxi Zhongxing Company, and is dominated by Shaanxi Non-Ferrous Metal Holding Group Ltd and put under its management and operation. The company has RMB 43.3822 million Yuan of registered capital. Its headquarters is established in Xi¡¯an City, composed of Office, Financial Department, Technical Development Department and Lueyang Branch Company.

Business scope of Jianchaling Company: exploitation, dressing, and smelting of metal mines of nickel, gold and copper ,etc; processing and manufacturing of mineral product, mine mechanical and electrical equipment, and chemical products, as well as facility leasing, repairing, technical consult and service.

Lueyang Branch Company of Jianchaling Company is located in Heiheba Commune, Lueyang Count, where once the 1016 Research Institute of the former No. 4 Machinery Ministry is located, covering over 106 thousand square meters of land, with a construction area of 46 thousand square meters, and with convenient traffic, complete water and power supply, and favorable biological environment.

In Aug. 2006, Jianchaling Company invested RMB 30 million Yuan in Shaanxi Jianchaling Nickel Industry Co., Ltd. for developing Jianchaling Nickel Mine. With a building size of daily exploiting and dressing 2000 tons of nickel ores, Jianchaling Nickel Mine is invested RMB 0.465 billion Yuan in total, with a construction period of 4 years.