Currently, the Company is a leading integrated mineral resources, nickel and special steel enterprise in the PRC. It currently purchases ores from Indonesia through a long-term exclusive offtake agreement and then sells limonitic ores to manufacturers. China Nickel Resources has also transformed into a leading metal and mineral enterprise engaging in resource development and production of iron and steel products. The strategy of developing NiCr-based products makes the Group ’s leading edge being assured. To maintain its leading position, the Company will continue to capitalize on its advantages of secured resources, low production costs, high quality and diverse product range. With its self-developed innovative technologies in non-coke reduction purification technology and ore separation technology, as well as its geographical advantage of the new production facility in Lianyungang, it is well-positioned to leverage its competitive edges in stable supply of ore resources, low production costs and diversified product offerings to market more high-end products with better profit margins based on the market conditions.

        The Group's ongoing growth is directly attributed to its experienced and forward looking management team. In addition to nurturing longstanding relationships with numerous customers, creating continuity and a solid customer base, the Group has also developed a reputation for quality, consistency and reliability along every facet of its operation, from R&D and quality control to after-sales services. Furthermore, coupled with the cost advantage of its strategic location, an acute understanding of the market and flexible production solutions, China Nickel Resources has consistently managed to stay ahead of market developments.