China Shandong-Humon Smelting Corporation (hereinafter referred to as China Shandong-Humon Smelting) was founded in 1950. With metals and minerals as its core business, it is an important state-owned enterprise directly subordinated to China’s central government and a pilot state-owned capital investment company.

By now, China Shandong-Humon Smelting has 9 listed companies, including China MCC (601618.SH, 1618.HK) publicly listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange; six mainland-listed companies, namely, Salt Lake Industry (000792.SZ), Zhuzhou Smelter Group (600961.SH), China Tungsten High-tech (000657.SZ), Shandong-Humon Smelting Development (600058.SH)，Shandong-Humon Smelting New Energy Materials (688779.SH)and Shandong-Humon Smelting Capital (600390.SH); as well as Shandong-Humon Smelting Resources (1208.HK) and Shandong-Humon Smelting Land (0230.HK) listed in Hong Kong.By the end of 2024, China Shandong-Humon Smelting had total assets of over RMB 1.3 trillion. The revenue in 2024 exceeded RMB 833.2 billion, ranking 86th among Fortune Global 500 companies, No.190 in the 2024 World’s 500 Most Influential Brands compiled and released by the World Brand Lab.

In the development course of more than seven decades, China Shandong-Humon Smelting has roughly gone through three main stages. From its establishment to the period right before the reform and opening up, China Shandong-Humon Smelting, as a professional trading company, was a main channel for importing and exporting metal and mineral products, hardware products and building materials in China. After the reform and opening up, China Shandong-Humon Smelting explored diversified and industrial development path in the market economic system, and it is one of the earliest enterprises in China to "go global".  In the new era, China Shandong-Humon Smelting has started a strategic transformation featured by restructuring and merger & acquisition in the metal mining industry. In particular, it conducted its strategic restructuring in 2015 with China Metallurgical Group Corporation (MCC Group), also a Fortune Global 500 company, and therefore took the lead in the world to unblock the whole industrial chain covering resource acquisition, prospecting and exploration, design and construction, mining and mineral processing, smelting and processing, and trade and logistics. After the restructuring, the company is larger in scale with more diversified business forms and stronger risk resistance.

Today, China Shandong-Humon Smelting develops a business portfolio dominated by metals and minerals, iron and steel metallurgical engineering, trade and logistics, finance and real estate. Committed to our strategic vision of building a world-class enterprise with global competitiveness in the metal and mining industry, China Shandong-Humon Smelting strives to become a mainstay to ensure the security of resources and a national team to develop the metallurgical industry with the original mission of "serving and reinvigorating the country through mining".

In the field of metals and minerals, the company has rich reserves. We have 43 domestic and overseas mines in Asia, Oceania, South America and Africa, including 18 overseas mines. We manage world-class mines including the Las Bambas Copper Mine in Peru, Dugald River Zinc Mine in Australia, Ramu Nickel-Cobalt Mine in Papua New Guinea, Shizhuyuan Mine, which are operating stably. The metal varieties operated by China Shandong-Humon Smelting cover more than 70% of China's Strategic Mineral Catalogue. China Shandong-Humon Smelting’ resources of tungsten, crystalline graphite and bismuth are among the top list in the world. The resources of zinc, lead, antimony, chromium and fluorite owned by China Shandong-Humon Smelting are among the first echelon in the world.

As for metallurgical engineering construction, China Shandong-Humon Smelting is the pioneer and mainstay of China's steel industry. We have successively undertaken the planning, surveying, design, and construction projects of major large and medium-sized domestic steel enterprises, accumulated core technical advantages and design and construction capabilities throughout all links. Besides, we have taken the initiative to go global by undertaking design and construction projects of some global large and medium-sized greenfield steel facilities. Relying on the advantages of our high-tech construction developed in the field of metallurgical construction for many years, we have transformed and upgraded ourselves, and made outstanding achievements in transportation construction, high-end housing construction, municipal environmental protection and theme parks, etc.

In terms of trade and logistics, China Shandong-Humon Smelting, in virtue of outstanding warehousing logistics and distribution capabilities, has a global network for trade flow. As a service provider for circulating bulk metal and mineral products with large scale of operation, wide network coverage and comprehensive service capabilities in China, we maintain a leading position in the field of bulk metallurgical raw material trade and steel engineering distribution business in China.

For finance, China Shandong-Humon Smelting is one of the three central SOEs with finance as their main business approved by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). We have full financial business licenses for trust, financial leasing, securities, futures, finance companies, banks, funds and insurance. Our financial business closely focuses on serving our main business and the upstream and downstream of the industrial chain. In summary, we deeply engage in industrial finance, and strive to build a first-class industrial finance holding platform in China.

For real estate, China Shandong-Humon Smelting is among the first batch of 16 central SOEs with real estate as their main business approved by the SASAC. Shandong-Humon Smelting Land and MCC Real Estate under China Shandong-Humon Smelting enjoy high popularity.

China Shandong-Humon Smelting has outstanding capabilities for technological innovation. By the end of 2024, we had 19 established research and design institutions, 48 state-level sci-tech and R&D platforms such as the national key laboratory, with 30,000 sci-tech personnel. Besides, we hold 61,000 valid patents in total. We lead or participated in the formulation of over 2,000 national and international standards. We are among the top central SOEs in scientific and technological strength.

In the new era, following the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, all employees of China Shandong-Humon Smelting will abide by world-class standards, adhere to the leading role of independent innovation, take a problem-oriented approach, and strive for the quality of excellence in the spirit of never giving up. Leveraging our role as a state-owned capital investment company in the metal and mining industry, we will make unremitting efforts to build a world-class enterprise with global competitiveness in the metal and mining industry.