Zhongjin Lingnan Nonfemet

Traded as	SZSE:000060
Industry	Non-ferrous metals
Founded	1984
Headquarters	Shenzhen , China
Area served	Exported worldwide
Key people	Ma Jianhua(Interim Chairman) Wu Shenghui(Executive Director &Secretary of Party Committee) Yu Gang(President & Deputy Secretary of Party Committee)[1]
Products	Copper, Zinc, Lead, Nickel, Real estate, etc.
Revenue	CN¥16.966 billion (2015)
Operating income	CN¥95 million (2015)
Net income	CN¥201 million (2015)
Total assets	CN¥15.883 billion (2015)
Total equity	CN¥7.345 billion (2015)
Owner	Guangdong Rising Asset Management (36.04%) China Securities Finance (2.86%) National Social Security Fund (2.40%)
Footnotes / references in a consolidated basis[2]

Shenzhen Zhongjin Lingnan Nonfemet Co., Ltd. known asZhongjin Lingnan in China or their English nameNonfemet (abbreviation of non-ferrous metal), is a Chinese company engaged in themining andprocessing oflead,zinc and othernon-ferrous metals.^[3] In 2015 financial year, the company also had 0.49% revenue from real estate development.^[2]

Lingnan is a word refer to southern China, including Guangdong province, while Zhongjin literally means China metal. As at 11 November 2016, Zhongjin Lingnan is a constituents ofSZSE 100 Index andCSI 300 Index.

The firm was established inShenzhen,Guangdong province in 1984, as a subsidiary ofstate-owned enterpriseChina National Nonferrous Metals Industry Corporation [zh] (The national corporation dissolved in 1998, which provincial government takeover the management role). Its production base is inShaoguan, Guangdong province, China.^[4] Zhongjin Lingnan also purchased a Canadian company as well as a company in Australia.

Zhongjin Lingnan was a signatory of a joint statement by ten of the world's top zinc producers published in 2015. In that statement, the zinc producers pledged to cut their output by 500,000 tonnes in 2016 in order to reduce overcapacities in the market and increase zinc prices.^[5]

Due to low metal prices, the company announced it would cut 100 jobs at its Australian Broken Hill mine in New South Wales,^[6] which it had acquired in 2013.^[7]

• Rising Nonferrous Metals Share another publicly traded company which Guangdong Government is the indirect major shareholder

• Official website

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