China Minmetals, Jinchuan Group and CNUC launch new 60B yuan investment firm

Guangyan International Investment Co., Ltd. was established on December 25 with a substantial registered capital of 60 billion yuan. The firm is backed by major state-owned enterprises, including China Minmetals Corporation, China Jinchuan Investment Holding Co., Ltd., and China National Uranium Co., Ltd.

According to Tianyancha, a Chinese enterprise data platform, Guangyan’s legal representative is Xing Yan, and its business scope spans investment activities with proprietary funds, corporate management consulting, import and export of goods and technology, agency services, and metal ore sales.