The company is a leading provider of technology, engineering services and equipment for the non-ferrous metals industry in China, providing comprehensive business chain engineering solutions for all stages of the non-ferrous metals industry chain and other industries. The company's business mainly includes engineering design and consulting, engineering and construction contracting, equipment manufacturing and trading, and uses engineering design and consulting and EPC and EP contract contracts to sell metallurgical equipment in a packaged manner. In recent years, while consolidating the traditional non-ferrous metals engineering design and construction market, due to the opportunities brought by new urbanization construction, the company has expanded its domestic business into the field of new urbanization construction, gradually providing engineering services to other fields including transportation, electricity, municipal administration, private construction, petroleum, petrochemicals, building materials, environmental protection and utility construction, and new materials. At the same time, the company's business has achieved certain results in overseas non-ferrous metals markets.
(1) The company has advanced technology in the non-ferrous metals industry and a strong ability to carry out continuous technological innovation. The technology and equipment used in non-ferrous metal mining, mineral processing, smelting and metal material processing industries should generally be suitable for practical, flexible and efficient applications. The formation of this type of technology and equipment requires the integration and cooperation of multiple disciplines, and can be realized and improved through extensive engineering practices and continuous technological innovation. The company's strong ability to continuously innovate technology ensures a leading position in technology in the non-ferrous metals construction industry.
(2) The company can provide a full range of comprehensive technical and engineering design services for all types of businesses in the entire non-ferrous metals industry chain. By providing engineering design services, the company can thoroughly understand the situation of the project, put the company in an advantageous position to bid for engineering and construction contract business, and benefit from the integration of resources and processes throughout the business chain, which can generate synergies, improve efficiency, reduce costs and increase profitability. The company's engineering design strength plays an important role in the engineering construction business, enabling the company to improve construction planning, avoid errors during construction, and reduce costs. As a result, the company can provide customers with one-stop service with lower operating risks, higher efficiency and more competitive prices.
(3) Relying on the position of China Aluminum Group, the largest shareholder of the company, within the industry, the company has established a solid customer base in the non-ferrous metals engineering design and contracting industry in China. The company has established good business partnerships with many major players in the non-ferrous metals industry in China and overseas (such as Yunnan Metallurgical Group Co., Ltd., China Power Investment Group Corporation, Shenzhen Zhongjin Lingnan Nonferrous Metals Co., Ltd., Hunan Nonferrous Metals Holding Group Co., Ltd., Henan Shenhuo Group Co., Ltd., Xinjiang Dongfang Hope Nonferrous Metals Co., Ltd., and China Nanshan Group). The company's overseas customers mainly include large non-ferrous metal enterprises or industrial groups in overseas markets such as Vietnam, India, Venezuela, and Azerbaijan.