The company’s controlling shareholder Shenzhen Chengtun Group Co., Ltd was founded in 1993. It has been vigorously developing energy metals nickel, cobalt, lithium and copper since 2016. Chengtun Group controls resources through exploration, mining and selection of mineral resources, and expands materials through manufacturing raw materials of new energy storage batteries. Chengtun Group has achieved the layout of resources to materials industry integration and established a number of technical research teams and professional management teams based on geological prospecting Institute and New Materials Research Institute. Chengtun Group controls two listed companies, Chengtun Mining(600711.sh) and Chengxin Lithium(002240.sz), and relies on listed companies and direct holding subsidiaries to achieve a nationwide and global industrial pattern. At the end of 2010, the total assets of Chengtun Group reached 59.7 billion yuan, the operating income reached 41.7 billion yuan, more than 12,000 employees, and the business is spread across China, the United Kingdom, Singapore, Indonesia, the Democratic Republic of Congo (DRC), Zimbabwe, Zambia, Nigeria, South Africa, Argentina and other places.
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