The company, formerly known as Shandong Zibo Huaguang Ceramics Co., Ltd., is a listed joint stock company raised by the Zibo Economic System Reform Commission of Shandong Province with Ziti [1989] No. 7, the former National Sports Reform Commission's approval of Sports Reform Letter [1993] No. 252 as a standardized joint stock system pilot enterprise, and approved by the China Securities Regulatory Commission on November 8, 1996 with a securities regulatory letter [1996] No. 322. The total share capital is 51,740,000 shares, and was listed and traded on the Shenzhen Stock Exchange on November 28, 1996. The company belongs to the ferrous metal ore mining and selection industry. Its main business is iron ore mining, production, sales, and mechanical processing and sales of iron powder and pellet ore. The company's main products include iron powder, pellet ore, and copper powder as a by-product. Corporate honors: The company has successively won the “National May 1st Labor Award”, “National Steel Industry Advanced Collective”, “International Quality Credit AAAA Level Enterprise”, “Zibo High-tech Zone Outstanding Contribution Collective for the 30th Anniversary”, “National Steel Industry Advanced Collective”, “International Quality Credit AAAA Level Enterprise”, “Zibo Comprehensive Top 100 Industrial Enterprises”, “Zibo City Top 100 Industrial Enterprises”, “Zibo High-tech Zone Outstanding Contribution Group for the 30th Anniversary” and “China's Top 50 Metallurgical Mining Enterprises”.
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