JCHX Mining Management Co., Ltd.
Corporate brand
UnclaimedChinese international mining company listed on the Shanghai Stock Exchange under ticker 603979.SH, spanning mine construction and mining operations, resource development, mine design and technology R&D, mining equipment manufacturing, and supply chain.
Last updated November 4, 2026
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Overview
JCHX Mining Management Co., Ltd. (ticker 603979.SH) is an international mining company integrating mine engineering construction and mining operations management, resource development, mine design and technology R&D, mining machinery and equipment manufacturing, and supply chain. It states a vision of becoming a planner, builder and operator of safe, green and smart mines that is internationally known and domestically leading, with business covering key mineral resource regions in China as well as Africa, Europe, South America, Central Asia, Southeast Asia and Australia, and overseas revenue accounting for over 70%. In mine services it reports undertaking nearly 40 large-scale mine engineering construction and mining operations management projects including the Kamoa copper mine and Khoemacau copper mine, with completed shafts up to 1,526 meters deep and declines up to 8,008 meters long, and multiple China Construction Engineering Luban Prizes. In resource development it reports obtaining control of the Guizhou Liangchahe phosphate mine, the Dikulushi copper mine and Lonshi copper mine in the DRC, the Lubambe copper mine in Zambia, and the San Matias copper-gold-silver mine in Colombia, forming a "mine services + resources" dual-drive pattern. It reports more than 14,000 Chinese and foreign employees, over 40 projects under construction, and more than 3,000 advanced equipment units, and has developed the "金安拓" brand series of intelligent mining equipment.
History
In September 1997 the first shareholders' (promoters') meeting of Beijing JCHX Mine Construction Co., Ltd. was held in Beijing, and in December 1997, with approval from the Ministry of Metallurgical Industry, the company was registered and established as one of the earliest mixed-ownership enterprises. In March 1999 state equity withdrew from a controlling position, JCHX became privately owned, and the new board elected Wang Xiancheng as chairman. In July 2000 JCHX began undertaking mine engineering construction and mining operations management for China's first large overseas nonferrous metals project, the Chambishi project of CNMC Africa Mining in Zambia. In 2002 the company moved into China's southwestern mining market, establishing the Huize, Kailin and Dahongshan project departments. In October 2003 it obtained independent foreign trade operating rights (import-export rights), and in December 2003 its headquarters moved to Xinqidian Jiayuan in Haidian District, Beijing. In December 2004 its mine engineering construction general contracting qualification was upgraded to Grade I with approval from the Ministry of Construction, and in May 2005 it obtained a foreign contracting engineering operating qualification certificate with approval from the Ministry of Commerce. In 2007 it undertook basic construction of the Tajikistan Pakrut project invested by China Global New Technology Import & Export Co., Ltd., and in 2008 it undertook construction of the Laos potash mine invested by China Farmland Potassium Fertilizer Co., Ltd. In June 2008 Beijing JCHX Mining Construction Co., Ltd. was renamed JCHX Mining Construction Group Co., Ltd. From May 2010, four large trackless equipment maintenance and reserve bases were successively established and put into use in Kunming (Yunnan), Miyun (Beijing), Daye (Hubei) and Chambishi (Zambia). In August 2010 JCHX Group injected all its operating assets and liabilities related to mining operations management and mine engineering construction into subsidiary JCHX Mining Management Co., Ltd. through capital increase and sale, and JCHX Group became an equity management company. In May 2011 external investors were introduced and the company was restructured, with JCHX Mining Management Co., Ltd. changing into JCHX Mining Management Co., Ltd. (joint stock). In March 2012 it acquired Yunnan JCHX Lihe Mine Engineering Design Institute Co., Ltd., and in June 2012 it established the JCHX Science and Technology Expert Committee, engaging six academicians including Gu Desheng and many well-known domestic experts. In June 2013 the "金诚信" trademark was awarded Beijing Famous Trademark, and in July 2013 Beijing JCHX Mine Technology Research Institute Co., Ltd. was established. In March 2014 it was recognized by the Beijing Municipal Science and Technology Commission as an international science and technology cooperation base. On June 30, 2015 JCHX Mining Management Co., Ltd. was successfully listed on the Shanghai Stock Exchange, with stock abbreviation 金诚信 and stock code 603979. In September 2015, with approval from the Ministry of Human Resources and Social Security and the National Postdoctoral Management Committee, a postdoctoral scientific research workstation was established. In November 2015 the Chambishi copper mine west orebody project in Zambia and the Laos Dongtai potash mine project each won the China Construction Engineering Luban Prize. In April 2016 the largest and most advanced JCHX paste backfill laboratory in China was established in Miyun. On April 28, 2017 the company headquarters formally moved to JCHX Building in Fengtai Science Park. On March 6, 2018 Jinnuo Mining Equipment Co., Ltd., a joint venture between JCHX and Finland's Normet, officially began production of underground mine multi-function service vehicles in Daye, Hubei. On May 23, 2019 the company signed an equity transfer agreement with Guizhou Kailin Group Co., Ltd., acquiring 90% equity of Guizhou Liangchahe Mining Development Co., Ltd., marking its entry into mine resource development. On November 16, 2019 it formally signed a Share Subscription Agreement with Ivanhoe Group for JCHX's strategic investment in Canada's Cordoba Minerals. On May 7, 2020 the company held its annual shareholders' meeting and the first meeting of the fourth board of directors, electing new board members and appointing a new senior management team, with Wang Qinghai as chairman and Wang Xinyu as president. On November 3, 2020 drilling began smoothly at hole ZK0302 of the copper exploration project in the Dikulushi mining area of the DRC, the company's first overseas resource project. On April 26, 2021 the DRC Lonshi copper mine project completed closing, becoming another milestone major project in the company's "dual-drive" strategy. On December 14, 2021 the Pulang copper mine phase I mining and processing project mine shaft and drift works, constructed and declared by JCHX, ...
First shareholders' meeting of Beijing JCHX Mine Construction Co., Ltd. held in Beijing
Company registered with approval from the Ministry of Metallurgical Industry as an early mixed-ownership enterprise
State equity exits controlling position; company becomes private; Wang Xiancheng elected chairman
Begins mine construction and contract mining at the Chambishi project in Zambia, China's first large overseas nonferrous project
Expands into southwestern China with Huize, Kailin and Dahongshan project departments
Obtains independent foreign trade operating rights (import-export rights)
Headquarters moves to Xinqidian Jiayuan, Haidian District, Beijing
Mine engineering construction general contracting qualification upgraded to Grade I
Obtains foreign contracting engineering operating qualification certificate
Undertakes basic construction of the Pay Bulak project in Tajikistan
Products and positioning
International mining company with a "mine services + resources" dual-drive model, positioning itself as a planner, builder and operator of safe, green and smart mines.
Mine engineering construction and mining operations management
Resource development
Mine design and technology R&D
Mining machinery and equipment manufacturing
Supply chain
"金安拓" brand series of intelligent mining equipment
Controversies
2020
Fined Repeatedly for Underground Mine Safety Accidents
Jinchengxin's convertible bond application documents disclosed that from 2020 to 2022, multiple underground safety accidents occurred in projects undertaken by the company in China, with fines ranging from 210,000 to 1 million yuan. Fines, rectification.
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