Yunnan Tin Co sales revenue hits RMB 12 bln
Sales of Yunnan Tin Company Group Limited (YTC), parent of Shenzhen-listed Yunnan Tin Co Ltd<000960>, have reached RMB 12 billion, reported by sources.
YTC’s tin production has been ranking the first in the world since 2005. Its sales revenue increased from RMB 5.69 billion in 2005 to over RMB 12 billion in 2007.
With the extended industry chain, YTC has become the tin manufacturer which has the longest and most integrated industry chain in the world.
YTC has also set up subsidiaries in the U.S. and Germany, acquired the stake of Australia Resources Ltd. The refineries in Singapore and Indonesia have already started operation.
It is the largest production and manufacturing base in the world for metal tin and the largest production center for tin profiles, tin chemicals and arsenic chemicals in China. It is also the biggest precious metals research and development center in China.
Tags: trade