Henan Yuguang Gold and Lead Co.

Name

Henan Yuguang Gold and Lead Co.

Legal name

Henan Yuguang Gold and Lead Co., Ltd. (河南豫光金铅股份有限公司)

Website

https://yggf.com.cn

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Henan Yuguang Gold and Lead Co. (SSE: 600531) is China's largest lead smelting enterprise and silver producer, manufacturing refined non-ferrous metals including lead, cathode copper, gold, and silver for global industrial buyers across battery, electronics, and semiconductor markets.

Ownership category

akta.pro rank

Product category

Nonferrous Metals Smelting and Refining

NAICS

Copper, Nickel, Lead, and Zinc Mining (21223), Jewelry and Silverware Manufacturing (339910)

SIC

Primary Smelting & Refining Of Nonferrous Metals (3330), Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Precious & Specialty Metal Recovery (Smelting, Refining, Hydrometallurgy) (EUAIAIAD)

akta.pro secondary industries

Battery Scrap & Recycling Feedstock (Lead-Acid, Li-ion Black Mass Feedstock, NiMH) (IMAKAMAH), Precious Metals Minting & Bullion Products (IMAKAEAJ), Non-Ferrous Base Metals Trading (Aluminum, Copper, Zinc, Lead, Tin, Nickel) (IMAKAJAC)

Keywords

• Nonferrous metals smelting
• Lead production
• Copper smelting
• Precious metals refining
• Recycled lead production

Headquarters

HQ city

Jiyuan

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure

Revenue model

1. Non-ferrous Metals Manufacturing and Sales: The company manufactures and sells refined metals including lead ingots, cathode copper, gold bars, silver ingots, and associated products. Revenue is generated through product sales at commodity market prices. The company is the largest lead smelting enterprise and silver production enterprise in China.
2. Precious Metals Processing: Deep processing of self-produced gold and silver into refined products including sputtering silver targets,蒸镀银线 (evaporated silver wire/grains), electroplated silver plates, and standard silver ingots for semiconductor and electronic applications.
3. Recycling and再生铅 Production: Processing of waste lead-acid batteries and other recycled materials to produce renewable lead (再生铅) and related products. The company is a national key enterprise for renewable lead production.
4. Trading Business: Import and export trade of non-ferrous metals and raw materials. The company leverages its brand, network, and scale advantages to conduct international and domestic raw material and non-ferrous metal trading operations.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Henan Yuguang Gold and Lead Co. is a vertically integrated non-ferrous metals manufacturer that produces and sells refined lead ingots, cathode copper, gold bars, silver ingots, fine bismuth, fine tellurium, sulfuric acid, lead alloys, sputtering targets, and modified recycled materials. The company also processes waste lead-acid batteries into renewable lead as part of a circular economy model, with total production capacity of 400,000 tons/year lead, 110,000 tons/year cathode copper, and 1,000 tons/year silver. Products serve industrial buyers in battery manufacturing, electrical, construction, semiconductor, jewelry, and electronics sectors domestically and internationally.

Product overview

Henan Yuguang Gold and Lead Co. is a diversified non-ferrous metals company operating as a unified portfolio of integrated industrial divisions. The company produces core metal products (lead ingot, cathode copper, gold bar, silver ingot, fine bismuth, fine tellurium) alongside chemical products (sulfuric acid, nano zinc oxide, copper sulfate), industrial gases (liquid oxygen, liquid argon), alloy products (lead alloys), and advanced materials (sputtering targets). These products span the lead industry, copper industry, recycling industry, rare and precious metals, alloy development, new materials, equipment manufacturing, and trading divisions. The company is notable for its closed-loop circular economy model combining primary and recycled lead production, and its proprietary 'double-bottom blowing' copper smelting technology.

Differentiator

Problem solved

Functional benefit

Brands

• 铅行业: Lead industry - China's largest lead smelting enterprise
• 铜行业
• 再生产业
• 稀贵金属
• 新材料
• 装备制造
• 贸易
• 合金开发

Products and services

• Lead Ingot (铅锭) Standard lead ingot for lead-acid batteries, lead-based alloys, cable coatings, lead pipes, equipment lining, and radioactive/radiation shielding applications. Executive standard GB/T469-2013. The company's lead production capacity is 400,000 tons/year and it is Asia's largest electrolytic lead producer.
• Cathode Copper (阴极铜) High-purity cathode copper produced through the company's proprietary double-bottom blowing continuous copper smelting technology, used in electrical, light industry, machinery manufacturing, construction, and national defense industries. Executive standard GB/T467-2010. Production capacity of 110,000 tons/year from 400,000 tons of mixed ore.
• Gold Bar (金锭) Refined gold bar for currency, decorative items, medical applications, electronics, aviation industry, gold plating, and alloy materials. Executive standard GB/T4134-2015. Annual production capacity of 5,000 kg.
• Silver Ingot (银锭) High-purity silver ingot for decorations, jewelry, currency, high-energy batteries, photographic materials, medicine, silver plating, and electrical contact materials. Executive standard GB/T4135-2016. LBMA registered brand, with 1,000 tons/year production capacity. Yuguang is China's largest silver production enterprise.
• Fine Bismuth (精铋) Refined bismuth for medicine, chemical industry, metallurgical additives, and low-melting point alloys. Executive standard GB/T915-2010.
• Fine Tellurium (碲锭) High-purity tellurium for semiconductor devices, alloys, chemical raw materials, and additives in cast iron, rubber, and glass industries. Executive standard YS/T222-2010.
• Sulfuric Acid (硫酸) Industrial sulfuric acid produced through flue gas purification and directional transformation, used in chemical, light industry, textile, metallurgy, pharmaceutical, electroplating, and defense industries. Executive standard GB/T534-2014. Production capacity of 240,000 tons/year.
• Lead Alloy (铅合金) Lead-based alloys including 18 varieties such as lead-calcium and lead-antimony alloys, used in metallurgy, batteries, and military applications. Executive standard GB/T26045-2010.
• Modified Recycled Materials (改性再生专用料) Modified plastic granules made from recycled materials, used in automotive, electronic appliances, industrial equipment, packaging, and battery shells. Executive standard GB/T2412-2008. Part of the recycling industry division.
• Sputtering Target Material (靶材) Sputtering target materials for vacuum magnetron sputtering coating of quartz crystal components, sensor elements, and low-E energy-saving glass. Executive standard GB/T26307-2010. Part of the new materials division.
• Nano Zinc Oxide (纳米氧化锌) Nano-grade active zinc oxide for rubber industry, ceramics, sanitary ware, and coatings applications. Executive standard GB/T19589-2004.
• Copper Sulfate (硫酸铜) Copper sulfate pentahydrate primarily used as textile mordant, agricultural pesticide, feed additive, fungicide for foliar fertilizer, and in tanning, copper plating, and mineral processing. Executive standard GB437-2009.
• Liquid Oxygen (液氧) Industrial liquid oxygen for medical applications, metal cutting and welding, and chemical industry. Executive standard GB/T14599-2008.
• Liquid Argon (液氩) Industrial liquid argon for metal welding, stainless steel manufacturing, and semiconductor industry. Executive standard GB/T4842-2006.

Quantifiable outcome

• 58%+ energy saving rate through green smelting transformation
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered minor.

• 河南省誉达工贸有限公司 (Henan Yuda Trading Co., Ltd.)minorOthersQuality construction enterprise partner for the Advanced Rare Precious Materials Manufacturing Project. Collaborating on project construction as a preferred construction partner.
• 中国建筑七局 (China Construction Seventh Division)minorOthersCentral enterprise partner collaborating on the Advanced Rare Precious Materials Manufacturing Project as a strong construction team with professional qualifications and central enterprise strength.

Scale indicators19 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Western Mining: Major Chinese non-ferrous metals miner and smelter with lead, zinc, copper, and precious metals operations. Comparable as a Chinese lead/zinc/copper producer with integrated smelting and refining operations and similar industrial market exposure.
• Zijin Mining: China's largest gold miner and a major copper, zinc, and silver producer with vertically integrated smelting and refining operations. Directly comparable as a Chinese non-ferrous metals producer with significant copper, gold, and silver output and growing specialty materials exposure.
• Jiangxi Copper Company: China's largest integrated copper producer listed in Hong Kong and Shanghai, with major copper smelting capacity and gold/silver byproduct recovery. Directly comparable as a Chinese non-ferrous metals smelter/refiner serving similar industrial customers with overlapping product portfolios in copper, gold, and silver.
• Tongling Nonferrous Metals Group: Major Chinese state-owned non-ferrous metals group with copper, zinc, and precious metals smelting operations. Directly comparable as a Chinese lead/copper/zinc smelter with byproduct precious metals production serving similar battery, electronics, and industrial customers.
• Zhuzhou Smelter Group: Chinese non-ferrous metals smelter and refiner producing zinc, lead, copper, and precious metals. Directly comparable as a Chinese lead/zinc smelter with similar byproduct precious metals output and industrial customer base.
• Yunnan Chihong Zinc & Germanium: Chinese non-ferrous metals smelter producing zinc, lead, germanium, and byproduct precious metals. Directly comparable as a Chinese lead and zinc smelter with similar byproduct silver/gold recovery and exposure to industrial commodity markets.

Broad incumbents

• China National Gold Group: China's largest state-owned gold producer with integrated mining, smelting, and refining. Comparable as a major Chinese gold/silver refiner with LBMA registration and broad non-ferrous metals exposure.
• Shandong Gold Group: Major Chinese gold producer and refiner with significant silver byproduct output. Comparable as a Chinese precious metals producer/refiner with similar LBMA-registered gold and silver products serving bullion and industrial markets.
• Yunnan Tin Group: China's largest tin producer with diversified non-ferrous metals smelting operations including lead, copper, and precious metals. Comparable as a Chinese state-owned non-ferrous metals smelter with overlapping lead/copper/silver production, though tin-focused.

Regional players

• Guangdong Hongda Blasting: Chinese non-ferrous metals producer primarily focused on lead and zinc smelting in southern China. Comparable as a regional Chinese lead/zinc smelter with overlapping product lines, though geographically concentrated in southern rather than central China.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Henan Yuguang Gold and Lead Co.