Founding Background

In November of 2010, People's Government of Hunan Province had built a strategic partnership and deep collaboration with China National Building Material Group Corporation, which is China central enterprise, directly under the State-owned Assets Supervision and Administration Commission.To speed up the process of new industrialization in Chenzhou city and promote local economic development, a strategic cooperation framework agreement on building up China's largest graphite industrial base has been signed by Mr.Xiang Lili, Mayor of Chenzhou Municipal Government and Mr.Cao Jiang-Lin, the director and president of CNBM.

I\Introduction of SOUTH GRAPHITE Co., Ltd

In March of 2011, South Graphite Co., Ltd.Is incorporated in Chenzhou City, Hunan Province, China, with registered capital of 1 billion yuan.South Graphite Co., Ltd., as a resource investment platform of CNBMI, is committed to actively promote the consolidation of graphite industrial resources and technological progress, and carry out a comprehensive consolidation and integration of graphite resources in the areas of Lutang Town and Heye, Taihe, Qinghe village (referred to as "Lu He Tai Qing mining area") of Chenzhou city, to make the graphite business in Chenzhou area stronger\better and bigger and further lead healthy and sustainable development of the graphite industry.

South graphite planned to have the capacity of 2.07 million tons annually, of which, 11 coal mines can produce 1.56 million tons/year, 9 graphite mines 510 thousand tons/year.The next three years, South Graphite will invest 3 billion to build up the fine and deep processing chain of graphite, make the radical improvement in graphite industry of Chenzhou.