Guangxi Yinyi Technical Mining and Metallurgy Company can produce about 10,000 tons of electrolytic nickel, 400,000 tons of sulfuric acid and 300,000 tons of manganese salt per year. Besides, it has the intellectual property rights of about 8 to 10 core patents. In 2008, Yinyi Group constructed overseas mineral resource bases and launched mining operations in the Philippines, Indonesia and Mexico. 

Yinyi Phil Investment Holding Group has over 10 subsidiaries involved in exploration, trading and mining. Within the coming 3 to 5 years, Yinyi Group is expected to acquire the rights to mine minerals in another 50 locations, so as to form a large overseas mineral group which integrates resource exploration, mining and mineral trading. In addition, the Indonesia Mining Group is engaging in exploring mines and purchasing mineral rights. By purchasing shares from other mining companies, the Mexico GDL Company has acquired interests in around 70,000 hectares of mining areas where manganese, iron and copper is being produced.

In October 2010, Yinyi Group signed a strategic cooperative agreement with the Guocai Technology Co. The two companies cooperated with each other in the field of an e-transaction platform for China public purchasing, the public platform of national logistics information and a market services system. 

At the same time, Yinyi also broadened its business into steel manufacturing and trade. In 2010, Yinyi Group reconstituted Yingzhan Industry Group with its business in steel manufacturing and trade. After the reconstitution, Yinzhan’s productivity of cold rolled sheets reached 400,000 tons. It has become an important production base of cold rolled sheet and pot galvanizing in Zhejiang province, with annual sales revenue of 6 billion yuan. The company plans to establish a group integrating steel manufacturing, trading, warehousing and logistics.

Yinyi Group will make efforts to broaden its business in the resource industry over the coming five years.

Website: http://www.chinayinyi.com/list.php?lang_id=2&cat_id=38