Shandong Dongping Hongda Mining Co., Ltd. was established in 2005 with a registered capital of 300 million yuan. The mining area is located in Dongping County, Tai'an City, Shandong Province. At present, the iron ore reserves are more than 89 million tons, and the designed production capacity is 2 million tons per year. A large-scale mining enterprise integrating mining and selection completed the transformation of the filling system and automation system in August 2021, achieving high-efficiency flocculation and settlement, increasing the concentration of the underflow, improving the processing capacity of the system, realizing full-process automatic control, and improving the operating environment , The balance between mining and charging has been achieved, and it is planned to complete the expansion of mining and selection of 2.8 million tons per year in 2023.

In 2022, the company's total assets will be 1.057 billion yuan, 2.32 million tons of ore will be raised, 610,000 tons of iron concentrate will be produced, operating income will be 574 million yuan, net profit will be 140 million yuan, and profits and taxes will be 250 million yuan.

The company always adheres to the development concept of safe mine protection, ecological mine development, scientific and technological strengthening of mines, and talent development of mines, extending the industrial chain, developing circular economy, and taking a diversified, intelligent, and modern development road. Continue to adhere to the concept of rational resource utilization, scientific development methods, standardized enterprise management, environmental protection of production processes, and ecological mine environment throughout the entire process of mineral resource development and utilization; unify economic benefits, ecological benefits, and social benefits, and gradually Build into a green, intelligent and modern intrinsically safe mining enterprise.