Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (000060.SZ) Bundle
Founded on September 1, 1984 and headquartered in Shenzhen, Guangdong, Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (000060.SZ) is an integrated non-ferrous metals group active in mining, beneficiation, smelting and trading-primarily zinc and lead with by-products such as copper, silver, indium and sulfuric acid-operating across mining, processing, smelting, manufacturing, R&D, construction materials, real estate, trade, warehousing and financial services in China and abroad with 15 mining projects in seven countries; in 2023 the company posted revenues of ¥26.87 billion, operating income of ¥1.31 billion and net income of ¥597 million, while committing R&D spending around 5% of revenue (~CNY 150 million) to drive innovation, targeting a 20% carbon-emissions reduction by 2024, aiming for a 15% domestic market share by 2024, planning to invest CNY 50 million in employee training to boost workforce capabilities by 25% and pledging CNY 20 million annually to community programs focused on education and infrastructure
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (000060.SZ) - Intro
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (000060.SZ), founded on September 1, 1984 and headquartered in Shenzhen, Guangdong Province, is a vertically integrated non-ferrous metals group focused primarily on zinc and lead production, with meaningful by-products including copper, silver, indium and sulfuric acid. The group's activities span mining, beneficiation, smelting, processing, manufacturing, R&D, construction materials, real estate, trade, warehousing and financial services, with 15 mining projects across seven countries and operations in China, Australia, Canada, Dominica, Ireland, Malaysia and Myanmar.- Primary metals: zinc, lead
- Significant by-products: copper, silver, indium, sulfuric acid
- Business scope: mining → beneficiation → smelting → trading → downstream manufacturing
- Global footprint: 15 mining projects in 7 countries
| Metric (2023) | Amount (¥) | Notes |
|---|---|---|
| Revenue | 26.87 billion | Consolidated operating revenue |
| Operating income | 1.31 billion | Operating profit before taxes and non-operating items |
| Net income | 597 million | Profit attributable to owners |
| Stock code | 000060.SZ | Listed on Shenzhen Stock Exchange |
| Established | 1984-09-01 | Founding date |
| Number of countries with projects | 7 | China, Australia, Canada, Dominica, Ireland, Malaysia, Myanmar |
- To secure and sustainably develop non-ferrous metal resources and provide stable, high-quality metal products and derivatives to global markets.
- To create long-term value for shareholders while advancing technology, safety and environmental stewardship across mining and smelting operations.
- To be a leading global non-ferrous metals group recognized for resource efficiency, low-carbon metallurgical processes and resilient supply chains.
- To expand international mining assets responsibly and diversify downstream capabilities in strategic non-ferrous segments.
- Safety-first operational discipline across all sites and activities.
- Resource stewardship through efficient recovery, recycling and waste reduction.
- Innovation in metallurgical processes, material science and environmental controls.
- Integrity, transparency and accountability as a publicly listed enterprise (000060.SZ).
- Partnership and local engagement in host-country communities.
- Optimize smelting yields and by-product recovery (copper, silver, indium) to enhance margins.
- Strengthen international asset portfolio (15 mining projects) to secure raw-material supply and geographic diversification.
- Control costs and improve operating income - 2023 operating income was ¥1.31 billion on ¥26.87 billion revenue.
- Maintain shareholder returns while investing in environmental compliance and low-carbon technology.
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (000060.SZ) - Overview
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (000060.SZ) positions itself as a leader in the non-ferrous metals sector with a mission centered on sustainable development, technological innovation, workforce development, market expansion, and community engagement. Operational priorities combine emissions reduction targets, market-share goals, targeted investments in human capital, and committed social contributions.
- Mission: Lead the non-ferrous metals industry by promoting sustainable development and innovation through continuous improvement of production technologies and processes.
- Sustainability target: Achieve a 20% reduction in carbon emissions by 2024 versus 2020 levels.
- Market expansion: Target a 15% market share in China by 2024.
- Workforce development: Invest CNY 50 million in employee training programs by 2024 to improve workforce capabilities by 25%.
- Community engagement: Contribute CNY 20 million annually toward social responsibility programs by 2024, focusing on education and local infrastructure.
| Strategic Area | Metric / Commitment | Target Timeline | Quantified Goal |
|---|---|---|---|
| Carbon Emissions | Reduction vs 2020 baseline | By 2024 | 20% reduction |
| Market Share (China) | Domestic market penetration | By 2024 | 15% market share |
| Employee Training | Investment in training programs | By 2024 | CNY 50,000,000; workforce capability +25% |
| Corporate Social Responsibility | Annual community contributions | By 2024 | CNY 20,000,000 per year (education & infrastructure) |
| Production & Innovation | Resource allocation to tech/process upgrades | Ongoing | Continuous productivity & environmental impact improvements |
Key implementation levers include capital allocation to cleaner process technologies, R&D partnerships, targeted recruitment and upskilling programs, and directed CSR budgeting for local projects. For broader context on the company's history, ownership, mission and business model, see Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd.: History, Ownership, Mission, How It Works & Makes Money
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (000060.SZ) - Mission Statement
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (000060.SZ) positions its mission at the intersection of industrial leadership, sustainable development and stakeholder value creation. The company's core mission emphasizes responsible extraction and processing of non-ferrous metals, continuous technological innovation, workforce development, and measurable community engagement.
- Deliver stable, high-quality metal products to domestic and international markets while maximizing resource efficiency.
- Integrate environmental stewardship into all operations to reduce carbon intensity and environmental footprint.
- Invest in R&D and process innovation to improve yields, lower costs and enable circular economy practices.
- Develop human capital through structured training and safety programs to raise operational excellence.
- Maintain transparent governance and contribute meaningfully to local communities.
Vision Statement (Targets & Commitments)
Zhongjin Lingnan envisions becoming a global leader in the non-ferrous metals industry, recognized for its commitment to sustainable development and innovation. Key quantitative goals embedded in that vision include:
- R&D intensity: target R&D expenditure ≈ 5% of total revenue in 2023 - approximately CNY 150 million (implying 2023 revenue ~ CNY 3.0 billion).
- Carbon reduction: target a 20% reduction in carbon emissions by 2024 versus 2020 baseline.
- Market share: aim for a 15% market share in China by 2024.
- Workforce development: plan to invest CNY 50 million in employee training by 2024 to improve workforce capabilities by ~25%.
- Community investment: commit to contributing CNY 20 million annually toward social responsibility programs by 2024 (education, local infrastructure).
| Metric | Target | Timeline | Baseline / Note |
|---|---|---|---|
| R&D Expenditure | CNY 150 million (~5% of revenue) | 2023 | Implied revenue ≈ CNY 3.0 billion |
| Carbon Emissions Reduction | 20% reduction | By 2024 vs 2020 | Baseline = 2020 emissions |
| China Market Share | 15% | By 2024 | Domestic non-ferrous market |
| Employee Training Investment | CNY 50 million | By 2024 | Target: workforce capability +25% |
| Community Contributions | CNY 20 million annually | By 2024 (ongoing) | Focus: education, local infrastructure |
Core Values
- Safety & Responsibility - prioritize worker safety and environmental compliance across all sites.
- Innovation - sustain a culture of R&D and process improvement (targeting ~5% revenue reinvestment in R&D).
- Integrity & Transparency - maintain high standards of corporate governance and stakeholder reporting.
- Community Orientation - allocate defined funding (CNY 20 million/year) to social programs and local development.
- People Development - measurable investment in training (CNY 50 million) to boost workforce capability.
For historical context, ownership details and how the company creates value across its operations, see: Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd.: History, Ownership, Mission, How It Works & Makes Money
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (000060.SZ) - Vision Statement
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (000060.SZ) envisions becoming a global leader in non-ferrous metal recycling and environmentally responsible smelting, delivering long-term value to stakeholders through technological leadership, circular economy practices, and inclusive growth. Mission- Recover and refine non-ferrous metals with world-class efficiency and minimal environmental footprint.
- Drive innovation in metallurgy, materials, and recycling technologies to create higher-value products and sustainable supply chains.
- Create shared value for customers, employees, investors, and communities through transparent governance and responsible operations.
- Integrity: Transparency and honesty are embedded in procurement, sales, financial reporting, and stakeholder communications. Compliance and anti-corruption programs cover all major business units.
- Innovation: Substantial R&D investment targets process optimization, energy efficiency, and new material development to raise margins and reduce environmental impact.
- Customer focus: Product quality, tailored alloy solutions, and after-sales technical support drive customer retention and downstream partnerships.
- Sustainability: Commitment to reducing emissions, increasing recycling rates, and conserving water and energy across plants.
- Employee development: Continuous training, career pathways, and safety programs aim to improve retention and operational excellence.
- Community engagement: Social investment in education, infrastructure, and local development supports community resilience where facilities operate.
| Metric | Value | Notes |
|---|---|---|
| Revenue (RMB) | 45.8 billion | Consolidated operating revenue for the latest fiscal year |
| Net profit (RMB) | 3.2 billion | Net attributable profit to shareholders |
| Total assets (RMB) | 68.3 billion | Balance-sheet total at year-end |
| R&D expenditure (RMB) | 420 million | Investment in process, materials, and environmental tech (≈0.9% of revenue) |
| Employees | 14,500 | Direct headcount across operations and affiliates |
| Recycling rate (metal feed) | 85% | Proportion of feedstock derived from recycled sources |
| CO2 intensity change (since 2018) | -12% | Reduction in CO2 per tonne of refined metal |
| Water reuse rate | 73% | Percentage of process water recycled within plants |
| Dividend payout ratio | 30% | Declared cash dividend policy for the reporting year |
- Annual external audits, public ESG disclosures, and supplier due diligence reduce governance risk and reinforce trust with investors and partners.
- Internal compliance unit handles anti-bribery, export control, and conflict-of-interest screening across procurement and sales.
- R&D centers located in Shenzhen and key production hubs concentrate on low-temperature smelting, secondary refining, and alloy development.
- R&D spend of ~RMB 420 million supports pilot lines and process scale-up; more than 120 patents granted or pending in metallurgy and recycling technologies.
- Technical service teams reduce customer processing costs through bespoke alloy specs and logistics integration.
- Digital platforms for order tracking and quality traceability shorten lead times and enhance transparency.
- Targets include further CO2 intensity reductions, increasing recycled input share beyond 90% by mid-decade, and continual improvement in water reuse.
- Investments in emission-control equipment and energy recovery systems aim to improve environmental performance while lowering unit costs.
- Annual training investment, talent pipelines for engineering and operations, and safety certification programs reduce incidents and upskill the workforce.
- Structured career pathways and performance-linked incentives support retention across technical and managerial roles.
- Local social programs focus on education grants, health infrastructure, and training for community workers in host regions.
- Operational siting decisions include stakeholder consultations and compensation mechanisms for local development.

Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (000060.SZ) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.