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25% Stake Of Mining Company For Sale

China
Asking Price:
$13,000,000 (USD)
Sales Revenue:
$21,380,000 (USD)
Cash Flow:
$21,380,000 (USD)

The mining company (the “Company”) founded in 2001 is an industrial and trade enterprise integrating fluorite mining, selected processing and product sales.

The Company with 120 employees is located in a geographical location with convenient transportation, which has 5 departments and 1 factory, namely Finance Department, HSE Department, Comprehensive Department, Production Technology Department, Mining Department and Flotation Plant. It has nearly 5 million tons of fluorite resources, whose main products are fluorite powder, metallurgical grade fluorite ore, etc. The Company is equipped with an annual production capacity of 80,000 to 100,000 tons of ore, 32,000 tons of metallurgical grade concentrate and 35,000 tons of fluorite powder.

The Company has been rated as the local "Big Taxpayer" and "Advanced Enterprise in Production Safety" for four consecutive years from 2007 to 2001. It was awarded "National Mineral Resources Development and Integration Advanced Mine" by the Chinese Ministry of Land and Resources in 2011. The Company is one of the leading backbone mining enterprises in the resources, management, safety and environmental protection of the fluorite industry in the Province where it is located.

According to the 2019 audit report, its operating income is RMB 140 million (US$ 21.38 million), net profit is RMB 43.05 million (US$ 6.57 million), and total assets is RMB 285 million (US$ 43.52 million).

Shareholder of the Company intends to sell 25% of equity at US$ 13 million.

PLEASE BE NOTED: The Company is located in Mainland China (The People’s Republic of China). Any interested party needs to show proof of funds and locks up the funds for purchase purpose.

Property Information

Location:

Mainland China

Business Operation

Competition / Market:

Scarce natural resources

Employees:
120
Years established:
2001

Contact Horwen Risk Advisory Services Limited

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