History

JCHX HISTORY

Founding stage

Incorporation (1997-2000)

September 17th, 1997, the first Shareholders’ (Sponsors’) Meeting of Beijing JCHX Mine Construction Co Ltd was held in Beijing.
December 5th, 1997, Beijing JCHX Mine Construction Co Ltd was incorporated as a mixed-ownership enterprise upon the approval of Ministry of Metallurgical Industry.
Mar 1999, Beijing JCHX transformed into private enterprise as majority shares were no longer owned by the state, Wang Xiancheng was elected by the new board as Chairman.
July 2000, JCHX started its first overseas operation in Zambia – mine construction and contract mining project at Chambishi Copper Mine for NFCA.

Growth stage

Sprouting (2001-2005)

In 2002 major progresses were made in southwestern China by successively working in Huize Project, Kaiyang Phosphate Project, Dahongshan Project etc.

October 2003, Independent Foreign Trade Management and Circulation Permit (Import & Export License) was issued.

December 30th 2003, Beijing JCHX was moved to Xinqidianjiayuan in Haidian District of Beijing – its independent workplace.

December 2004, the First Grade General Contracting Qualification for Mine Construction Works was issued by the Ministry of Construction of People’s Republic of China.

May 2005, Foreign Engineering Contracting Qualification Certificate for Overseas Projects was issued by the Ministry of Commerce of People’s Republic of China.

Development stage

Development (2006-2010)

In 2007, engaged in capital construction at Pai-Bulake Lead & Zinc Mine for China Global New Technology Import & Export Co Ltd in Tajikistan.

In 2008, engaged in mine construction at Dongtai Potash Mine for Sino-Agri International Potash Co Ltd in Laos.

June 2008, Beijing JCHX Mine Construction Co Ltd was renamed as JCHX Mining Construction Group.

Since May 2010, four large maintenance workshop and warehouses were established and commissioned respectively in Yunnan, Beijing, Hubei and Zambia.

In August 2010, through assets reorganization JCHX Group shifted its main business (mine construction and development, contract mining) to its subsidiary – JCHX Mining Management Co., Ltd.

Expansion stage

Growth (2011-2015)

In May 2011, JCHX Mining Management Co Ltd was restructured into a share holding company with limited liability by attracting external investors.

In May 2011, Beijing Mine New Tech Research & Development Center was established.

In Mar 2012, acquisition of Yunnan JCHX Lihe Mine Engineering Co Ltd was completed.

In June 2012, JCHX Scientific & Technological Expert Committee was established with the support from six academicians and several mining experts.

July 19th 2013, Beijing JCHX Mine Technology Research Institution Co Ltd was established.

In Mar 2014, JCHX was approved as International Sci-Tech Cooperation Base by Beijing Municipal Science & Technology Commission.

In June 2014, “JCHX” was certified as Beijing Famous Brand.

JCHX (JCX:603979) was listed on Shanghai Stock Exchange in June 2015.

In Sep 2015, Post-Doctoral Research Center was established upon approval by Ministry of Human Resources and Social Securities of the People’s Republic of China and National Post-Doctoral Administrative Commission.

In November, West Orebody Project at Chambishi Copper Mine in Zambia and Dongtai Potash Mine Project in Laos respectively won Luban Award of National Construction Works.

Transition phase

Transformation (2016-2020)

In Aril 2016, JCHX Paste Backfill Laboratory was established in Miyun District.

In Oct 2016, JCHX acquired 39.35% shares of Chinalco Yunnan Copper Resources Ltd – an ASX listed company (AKN) (currently known as AuKing Mining Ltd) through its wholly-owned subsidiary – Bienitial International Industrial Co Ltd.

April 28 2017, JCHX headquarters was relocated to the new building at Beijing Fengtai Science Park and a grand housewarming ceremony was held.

August 2017, JCHX signed a joint venture agreement with Normet Oy (Finland), marking its official entry into the business of equipment manufacturing.

In July 2017, JCHX Overseas Division was formed to manage seven overseas projects including Chambishi.

On March 6th, 2018, the commissioning ceremony of Kingnor Mining Equipment Co., Ltd was held in Daye.

May 23rd 2019, the Equity Transfer Agreement was signed between Guizhou Kailin Group and JCHX based on which JCHX acquired 90% of equity in Liangchahe Mine Development Co., Ltd, representing a breakthrough for JCHX in resources development.

Nov 16th 2019, Ivanhoe Capital Corporation and JCHX signed the Subscription Agreement for JCHX’s strategic investment in Cordoba Minerals.

On 7 May 2020, shareholders meeting and the first meeting of the fourth board directors were held, where new board members were elected and new executive team led by Chairman Wang Qinghai and CEO Wang Xinyu was nominated.

On August 7, 2020, new contract was signed between Lubambe Copper (affiliate to EMR) and JCHX for the cooperation of mine development in the coming 5 years at Lubambe Copper Mine.

On November 3, 2020, ZK0302 exploration drilling was successfully implemented at Dikulushi Copper & Silver Mine in DRC, which is the first mine invested by JCHX.

On November 18, 2020, the contract for the engineering design of Mukulu Manganese Mine was signed between JCHXME and AMG, marking a milestone for JCHX S&T Innovation Sector in overseas market.

Transformation stage

Innovation, Breakthrough and New Strategic Layout (2021-2025)

April 26, 2021: The closing of the Lonshi Copper Mine project in DRC was successfully completed, marking another milestone in the company’s “dual-engine” strategy.
December 14, 2021: The “Ore Extraction System of Mine Shaft and Drift Engineering for Pulang Copper Mine Phase I Mining and Processing Project,” constructed and submitted by JCHX, won the Luban Prize for China Construction Engineering.
January 22, 2022: The national “13th Five-Year Plan” key R&D project, which the company participated in, was unanimously approved by the expert panel.
February 17, 2023: Secretary Wang Xiancheng was awarded the title of “Annual Economic Figure in China’s Nonferrous Metals Industry.”
April 2, 2023: The company successfully signed the construction contract for the dedicated return air shaft sinking and lining project at Jiaojia Gold Mine. With a net diameter of 11m, it is one of the largest vertical shafts by net diameter in China.
May 8, 2023: The closing ceremony for the joint operation of the San Matias project in Colombia was held. JCHX and Ivanhoe Mines officially began joint development of the project.
June 9, 2023: The main and auxiliary inclined frames of the ultra-large headframe for the Musonoie Copper Mine mixed shaft, constructed by Jinke Project Company, were successfully erected. With a total height of 69m and a weight of approximately 2,000 tons, it is the tallest headframe on the African continent.
September 20, 2023: The joint mining, processing, and metallurgical project of Lonshi Copper Mine commenced production.
October 17, 2023: The collar excavation for the mixed shaft and return air shaft in the northern mining area of the Liangchahe section (southern section) phosphate mine, owned by Guizhou Liangchahe Mining Development Co., Ltd., was successfully initiated.
March 17, 2024: Chairman Wang Qinghai was awarded the “2023 Outstanding Contribution Award for Industry-University-Research Cooperation in China.”
May 15, 2024: JCHX was included as a constituent of the MSCI China All Shares Index.
June 3, 2024: Following an adjustment of key leadership in the CPC Committee of JCHX Mining Management Co., Ltd., Wang Qinghai was appointed as the Secretary of the Party Committee.
June 19, 2024: The handover ceremony for the Lubambe Copper Mine was held.
July 26, 2024: The company released its first annual Environmental, Social, and Governance (ESG) report.

December 10, 2024: The company signed an agreement to acquire a 51% stake in Terra Mining, Australia.
February 2025: The company was included in the CSI A500 Index, marking a new stage of high-quality development for JCHX in the capital market.
May 8, 2025: The signing ceremony of the framework agreement for the acquisition of Cordoba’s Colombian assets by JCHX and joint investors was held at the headquarters. The company plans to acquire a 5% stake in CMH and obtain control over it.
May 30, 2025: The groundbreaking ceremony for the deep engineering project at Lubambe Copper Mine was grandly held. Zambian President Hakainde Hichilema and Chinese Ambassador to Zambia Han Jing attended the event.
June 27, 2025: The drafting committee for the national standard “Safety Technical Specifications for Ultra-Deep Vertical Shaft Construction in Metal and Non-Metal Mines,” led by the company, was established.
August 29, 2025: The JCHX high-end intelligent heavy mining equipment manufacturing project was officially signed.
December 17, 2025: Chairman Wang Qinghai attended the construction working meeting of the China-Zambia “Belt and Road” Joint Laboratory, a national-level sci-tech innovation platform. This represents a significant step in the company’s active participation in the high-quality joint construction of the “Belt and Road.”