China Chang Ming Mining Signs with Star Global Group to Expand Global Business
Posted on September 24, 2019The US-listed Chinese mining company creates a strategic partnership with the US-based marketing investment firm to grow its global brand and fundraising effort
(Ankang, China) On August 26, 2019, Chang Ming Mining hosted the signing ceremony between Ankang hanbin district Chang Ming mineral products Co., Ltd. and Star Global Group. Around 300 representatives attended the ceremony including Shaofeng Wang, Chief Engineer of the Ankang Development and Reform Commission, Huachu Tang, Chairman of the Board of Directors of Biying Ecological Holding Group, Jing, Li CEO of Starr Global Group (SGG), Jeff Zhou, MD of investment banking, Jinjun Lu,President of Ankang Henan Chamber of Commerce. Tianzhi Huang, Hanbin District President of the Wenzhou Chamber of Commerce. Zhongming Ding
Chairman of Chang Ming Mineral Products Co., Ltd., Zhuobin Ren, Chairman of Chang Ming Industrial Management Holding Group of the United States, Haiyang Zhang, president of the company’s US listing operation in charge of Chang Ming’s US listing.
Zhongming Ding, Chairman of Chang Ming Mineral Products Co.Ltd.delivered a welcome speech and introduced the market prospects and business philosophy of Chang Ming Mining to guests at the ceremony. He also explained his outlook on the direction and goals of Chang Ming Mining after entering the US capital market.
Jinjun Lu, President of Ankang Henan Chamber of Commerce, congratulated the successful partnership of the two global companies.
Haiyang Zhang, President of Shaanxi Chang Ming Mining’s US listing service gave a speech on Ankang District Chang Ming Mining Products Co., Ltd.’s US OTC market listing and future development plans.
Jing, Li, CEO of Star Global Group, shared her good experience on Chang Ming Mining's field trip and vision on their cooperation. She also expressed her confidence in their partnership.
Mr. Zhongming Ding, Chairman of Ankang Chang Ming Mining and Ms. Li Jing of SGG signed the strategic partnership agreement. The audience gave a lot of applause to the signing parties.
Mr. Huachu Tang, chairman of the board of directors of Biying Ecological Holding Group, congratulated Chang Ming Mining on its successful signing and shared his vision and analysis on the prospects of mineral resources.
Chang Ming Mineral Products Co., Ltd. was established in Ankang hanbin district, Shannxi Province in October 2010. It is a privately-owned company with shareholder structures. It is a key commercial investment enterprise assigned by Ankang city government to allow private owners to buy and operate local mines. The company mainly operates mineral processing, sales and vanadium mining businesses, with a registered capital of 390 million RMB. Chang Ming Mining obtained the mining right through a public bidding and registration process.
It legally completed registration, photographing, water and successfully completed the government registration by the Development and Reform
Commission. The environmental assessment, water protection, forestry, and safety supervision departments all gave Chang Ming construction approvals. Chang Ming is now in the mining construction and exploring period. The mining area is about 2.06 square kilometers and the average amount of vanadium can reach 0.815 %. The company's total reservation report shows the ore reserves are 60.94 million tons with a value of approximately 9.14 billion RMB, and the value of vanadium pentoxide is about 84.43 billion RMB.
On March 3, 2019, Chang Ming Mining successfully listed on the Nasdaq OTC market in the US. The stock trading symbol is CMIM and the opening stock price was 1.08 US dollars.
The second-largest shareholder of Ankang Chang Ming Mining is Biying Ecological Holding Group, a US-listed company. Its core business is ecologically efficient agriculture, and its star products are "four treasures" walnuts, rich in "calcium iron zinc selenium". Biying Ecological Holding Group focuses on the technical aspect of the walnut planting and production field, development of walnut processing industry, walnut industry's culture and industrial chain. Their pioneer "small walnut" project is being promoted in China.
In addition to Chang Ming Mining, which is a mining integration platform, Biying Ecological Holding Group also owns LOONG new energy vehicles. LOONG vehicles rely on the core technology of super-capacitors and extenders which LOONG developed independently. After three years, it successfully built a matrix horizontal augmentation engine and negotiated with major operators and local governments to cooperate in the construction of a new energy automotive industrial park. LOONG strives consistently to achieve greater breakthroughs and development.
Another major innovative business of Biying is HSDK Entrepreneurship Hospital, which helps businesses solve problems. The hospital carries out diagnosis and treatment for companies. Wastak also creates practical solutions, support systems, and works to resolve business difficulties to help more companies succeed. Their aim is to build and expand more global business.