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Western Region Gold Co.,Ltd (China)

Main Activities: Gold Ore and Silver Ore Mining
Full name: Western Region Gold Co.,Ltd Profile Updated: October 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Western Region Gold Co., Ltd is a subsidiary of Xinjiang Nonferrous Metal Industry Group, with the most advanced bio-oxidation gold ore dressing process in China. It is a modern gold mining and metallurgical enterprise in western China, producing over 3 tons of gold annually, accounting for nearly 30% of Xinjiang's annual gold production. The company's main business includes gold mining and sales, as well as the production and sales of chrome ore and iron ore. With gold resources being one of Xinjiang's advantageous mineral resources, the company has experienced significant growth in recent years due to the increasing share of gold reserves in the international reserve system, driven by the global financial crisis. Taking advantage of this opportunity, Xinjiang Gold Industry has formulated a "Twelfth Five-Year Plan" for development, providing strong policy support and guarantee for the integration of advantageous resources, optimization and upgrading of industrial structure, and further strengthening and expanding the industry. The second round of central assistance to Xinjiang has also brought rare development opportunities to the Xinjiang gold industry. The company will fully utilize these favorable conditions, seize opportunities, accelerate the pace of listing, give full play to the advantages of large enterprises in terms of capital, technology, talent, and management, accelerate the implementation of resource control strategies, promote technological upgrading and innovation, continuously improve production scale and economic output, increase profit levels, enhance the company's reputation and position in the domestic gold industry, and strive to build a first-class gold enterprise.

Headquarters
No. 501, Ronghe South Road, Economic and Technological Development Zone, Urumqi City, Xinjiang Uygur Autonomous Region
Urumqi; Xinjiang; Postal Code: 830023

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Website: http://wrgold.cn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 14, 2002
Key Executives
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Chairman of the Supervisory Board
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Director
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Director
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Director
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Director
Ownership Details
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54.75%
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10.98%
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6.89%
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1.97%
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1.37%
Subsidiaries
Aktao Baiyuanfeng Mining Co., Ltd.
100%
Aktaokebang Manganese Manufacturing Co., Ltd.
100%
Ruoqiang Jinze Mining Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Western Region Gold Co.,Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
56.52%
Total operating revenue
56.43%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
10.89%
Total equity
-2.94%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
16.61%
Quick Ratio
0.75%
Cash Ratio
0.15%

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