Baiyin Nonferrous

Baiyin Nonferrous Group Co., Ltd. known also as BNMC[nb 1] is a Chinese company based in Baiyin, Gansu Province, China. The company was the main copper supplier in China.[2]
Since 15 February 2017, Baiyin Nonferrous is a listed company in the Shanghai Stock Exchange. In 2017, the localized version of Fortune ranked Baiyin Nonferrous as the 116th of top 500 Chinese enterprises.[3]
== History[edit] ==
The predecessor of the company was established in 1954, as one of the industrial project of the First Five Year Plan.[4] It was the main copper supplier in China,[2] however, the mining pit opened in 1956 was shut down in 1988.[2] The city of Baiyin was declared by the government as “resource exhaustion”.[2] As of 2016, the company rely on investment in China, South Africa, Peru, DR Congo and the Philippines.[1]
== Shareholders[edit] ==
top 9 shareholders[5]
Name 	Percentage	Footnotes
Gansu Provincial People's Government [zh] 	36.16% 	directly and indirectly owned
CITIC Guoan Group 	32.27% 	privately owned company; associate company of CITIC Group
Ruiyuan (Shanghai) Investment Fund (Chinese: 瑞源（上海）股权投资基金) 	11.47% 	a private equity fund[nb 2]
China Cinda Asset Management 	5.38% 	state-owned
CITIC Group 	2.81% 	state-owned
National Social Security Fund 	0.86% 	
China Orient Asset Management 	0.63% 	state-owned
China Huarong Asset Management 	0.30% 	state-owned
China Great Wall Asset Management 	0.11% 	state-owned
Sub-total 	89.99% 	
== Footnotes[edit] ==
# ^ Acronym of Baiyin Nonferrous Metal Corporation
# ^ CITIC Guoan Group was one of the limited partner of the fund for CN¥200 million investment;[6] the manager and general partner of the fund was China-Africa Xinyin Investment, which CITIC Guoan Group also owned 30% share capital directly, plus an additional 30% stake via a non wholly owned (41.10%) subsidiary (Chinese: 白银有色产业集团) of CITIC Guoan Group;[7] China-Africa Development Fund owned 35% share capital in China-Africa Xinyin Investment
Category:Metal companies of China
Category:Chinese companies established in 2008
Category:Government-owned companies of China
Category:Companies owned by the provincial government of China
Category:China Orient Asset Management