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Is Guoan Group a state-owned enterprise?

Guoan Group is not a state-owned enterprise. It is a first-level subsidiary of CITIC Group. Its full name is CITIC Guoan Industrial Group Co., Ltd. It has 6 first-level subsidiaries, with operating income of 110 billion yuan in 2023 and registered capital of 5.20721 million yuan. Yuan is the largest asset operating company under CITIC Group and other than CITIC Limited. Its subsidiaries have won honorary titles such as National Technology Innovation Demonstration Enterprise, Green Factory, China Famous Trademark, and the Most Innovative Product in China's High-tech Industry.

1. Overview

The industry covers many aspects such as new energy, advanced materials, information services and networks, cultural tourism exhibitions, and real estate operations. It masters complex polymetallic mineral processing, copper smelting, In terms of key core technologies such as lithium extraction from salt lakes, it already has 3 national green mines and 2 green factories. In terms of technology, it has established 4 national and 15 provincial and ministerial level scientific research platforms, and has 9 specialized and high-tech enterprises. .

It will undertake 170 scientific research projects in 2023, 9 of which are provincial and ministerial level projects. Among the current members, there are 1,085 scientific and technological R&D personnel, 7 of whom have senior professional titles. Obtained 954 authorized patents, including 342 invention patents. 15 national standards have been formulated.

Using the twin engines of "industrial operation + capital investment" to promote high-quality development of enterprises, it has formed comprehensive advantages such as efficient utilization and comprehensive utilization of important national strategic resources, and has become the main force of CITIC Group's advanced materials sector.

2. Business areas

1. Resources

Possess strategic and rare resources such as copper, lead, zinc, boron, etc. Its Baiyin Nonferrous Metals owns domestic and foreign assets There are 13 metal and non-metal mines, and as of the end of 2022, it has 7.71 million tons of copper, lead, and zinc resource metals, and 1,054 tons of gold.

CITIC Niya is a large listed wine company under its umbrella. Relying on Xinjiang’s unique origin resource advantages, it vigorously develops specialty industries centered on wine grapes in Shihezi and Horgos. Become a leader in ecological wine consumption.

2. Industrial Intelligent Manufacturing

Baiyin Nonferrous’ original “Silver Copper Smelting Method” is firmly in the world’s leading level, and has obtained independent intellectual property certification. The high-end electrolytic copper foil project implemented , has formed a production capacity of 70,000 tons, and is being built into a high-end electrolytic copper foil production base with an annual output of 200,000 tons. The 152_ ultra-large area fluidized zinc roasting furnace and supporting system industrialization project developed by the company has formed a new generation of zinc smelting technology in China with independent intellectual property rights.

Summary

After receiving strong support from CITIC Group, CITIC Guoan Industrial Group Co., Ltd. adheres to the principle of strategy-led development with the goal of implementing national strategies and serving a better life, and in scientific and technological innovation Cooperate with all walks of life in investment and financing to help people live a better life.