INFORMATION REGARDING THE GROUP AND JINCHUAN GROUP Information on the Group Sample Clauses

INFORMATION REGARDING THE GROUP AND JINCHUAN GROUP Information on the Group. The current holding company of the Company, Jinchuan HK, became the controlling shareholder of the Company since 30 November 2010 pursuant to a subscription of new shares of the Company which was announced by the Company on 24 August 2010. Jinchuan Group is the ultimate holding company of both Jinchuan HK and the Company. The current principal activities of the Group are base metals mining and trading of mineral and metal products. Information on Jinchuan Group Jinchuan Group, founded in 1958, is a state-owned enterprise with its majority interest held by the People’s Government of Gansu Province. Jinchuan Group is a large-scale non-ferrous mining conglomerate with an international presence, specializing in mining, concentrating, metallurgy, chemical engineering and further downstream processing.
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