en.Wedoany.com Reported - According to business registration information from the Qichacha APP, Minmetals Central & South Asia Resources (Xiong'an) Co., Ltd. recently completed its registration in the Xiong'an New Area, Hebei Province, China. The company's legal representative is Wang Jicheng, with a registered capital of 500 million yuan, and it is wholly owned by China Minmetals Corporation.

The new company's business scope covers multiple sectors, including non-coal mine mineral resource extraction, geological exploration of metallic and non-metallic mineral resources, construction engineering, and metal ore sales. The establishment of Minmetals Central & South Asia Resources (Xiong'an) Co., Ltd. signifies a further expansion of China Minmetals Corporation's resource business layout in North China.

As a wholly-owned subsidiary of China Minmetals Corporation, Minmetals Central & South Asia Resources (Xiong'an) Co., Ltd. will leverage the locational advantages of the Xiong'an New Area to advance related businesses in mineral resource exploration, development, and trade. China Minmetals Corporation is a globally renowned metal and mineral enterprise, with operations spanning metallurgy, non-ferrous metals, engineering construction, and other industries. The establishment of this new company in Xiong'an with a registered capital of 500 million yuan is viewed by the market as a strategic move in its resource business layout in North China.

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