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Zijin Ranks N0.10 on "Top 50 Non-ferrous Metals Enterprises by Revenue"
2015/08/13 1318

Recently, China Nonferrous Metals Industry Association released the list of "Top 50 Non-ferrous Metals Enterprises by Revenue in 2014". Zijin Mining Group Co. Ltd. ranks No.10 with an annual revenue of RMB 58.86 billion (about US$ 9.6 billion). Aluminum Corporation of China ranks No.1.

In accordance with the function of statistics commissioned by relevant department of the state, China Nonferrous Metals Industry Association annually ranks China's top 50 non-ferrous metals enterprises by their revenues within the industry.

A minimum sales revenue of RMB 4.45 billion (about US$727 million) was required to make the cut, a rise of RMB 13 million (about US$2 million) compared to 2013.

The total revenue of the listed enterprises is over RMB 2.3 trillion (about US$376 billion), and the average sales revenue continuously increases compared to the previous year. 39 enterprises achieved annual revenue exceeding RMB 10 billion (about US$1.6 billion).

The total assets of these enterprises also keep rising, up to 8.4% in 2014. 34 enterprises' total assets hit RMB 10 billion (about US$1.6 billion). On the ranking list, 27 private enterprises were included in 2014.