Anhui Shengma Mining Co., Ltd

     Anhui Shengma Mining Co., Ltd. is the first non-ferrous metal mining enterprise acquired by Changfeng Group through equity acquisition in 2020, marking the Group’s official entry into the non-ferrous mineral resources development sector and opening a new strategic chapter extending from building materials to non-ferrous metals. The company is located in Chizhou City, Anhui Province, in a significant mineral resource cluster along the Yangtze River Economic Belt, offering notable geographical advantages and exceptional resource endowments.

     The company is primarily engaged in the mining, processing, and concentrate production of polymetallic minerals such as copper and molybdenum, with core products including copper concentrate and molybdenum concentrate. Leveraging advanced extraction and beneficiation technologies along with a rigorous quality control system, Shengma Mining has made continuous progress in resource recovery, mine safety, and operational excellence, steadily emerging as a modern mining enterprise with strong technical capabilities and significant scale in the region.

    In 2025, the company completed a technological upgrade of its extraction and beneficiation systems, achieving a substantial leap in ore processing capacity and resource utilization efficiency. Currently, the project has an annual production capacity of 200,000 tons of copper ore, with copper concentrate of stable quality and strong market recognition. Building on this foundation, the company is actively advancing the optimization and implementation of tungsten and molybdenum beneficiation processes to further enhance the recovery efficiency of associated resources, driving the transformation from single-metal development to polymetallic synergistic utilization, thereby maximizing the value of its mineral resources.

    As the first strategic cornerstone of Changfeng Group’s resources division, Shengma Mining not only lays a solid foundation for the Group’s continued expansion in the non-ferrous metals sector but also provides a stable and traceable source of raw materials for its trading platforms. Looking ahead, the company will continue to uphold the development philosophy of “safety, green operations, efficiency, and intensification,” deepen the comprehensive utilization of mineral resources, and enhance its refined management capabilities. It strives to become a benchmark non-ferrous metal mining enterprise in the region, contributing core strength to the Group’s efforts in building an integrated “mining + trading + building materials” industrial chain.