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Introduction
of CNGC & ITC
China National Gold Corporation (CNGC) is established in
1979, it is a professional gold mining group and headquartered
in Beijing.
Growing with the pace of development
of China gold industry, China National Gold Corporation now
has 8 provincial gold companies, more than 60 subordinated
enterprises and institutions all over China, they are either
full ownership, a joint venture with major shares, and partnership,
which consists a total assets of RMB 15 billion, and contributes
20% of the annual gold production in China. As one of the
earliest firms engaging in gold mining operation in China,
China National Gold Corporation has obtained abundant management
experiences and strong operational technology. We have our
own complete research and development system and have achieved
quite a few scientific and technology research results with
our own intellectual property. In gold refining and exploitation
of refractory gold ore, CNGC has researched at the advanced
level of the world standard.
In addition to gold, the main business
of CNGC, it is also involved in other areas such as international
trading, real estate, radiation processing, tourism, news
media, advertisement, storage and transportation, which all
run well and show promising. The International Trade Company
(ITC) is the international business branch of the CNGC, the
business scope of the ITC includes all commodities and technology
import and export, and overseas engineering contracting and
engineers, labor workers abroad dispatching, as well as the
joint-venture companies establishment inside or outside China.
In the past few years, on behalf of CNGC, ITC exported more
than 9 completed gold processing plants to other parts of
the world, and win the high reputation from overseas customers
due to the high quality equipments delivery and perfect service
after sale. The advanced technology import and export speeds
up the renovation of the gold mines in China, and also improve
the communication and consolidation between China gold industry
and world counterparts.
For its high credits home and abroad, CNGC is the exclusive
enterprise that is authorizes by the State Council to do gold
loan businesses in the international financial market as an
experiment. We are the sole Chinese members of the World Gold
Council. Internationally, CNGC pays attention to gold resources
development in foreign countries. Domestically, believing
in a sense of ^As rivers join in sea, combination makes thing
big ̄, we have been doing co-operations with many companies
and good economic and social benefits have been made.
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