Guangxi Longguang Talc Development Co., Ltd.

The company established a mine in June 1974 and established the "Longsheng Autonomous County Talc Mine"; in September 1990, it introduced Hong Kong investment to establish the "Guangxi Longguang Talc Development Co., Ltd." with a registered capital of 38.68 million yuan; In August 2012, it was changed to "Guangxi Longguang Talc Development Co., Ltd." with the approval of the Autonomous Region Commerce Department, with a registered capital of 57.25 million yuan. It is jointly invested by Longsheng Autonomous County Talc Mine Co., Ltd. (share ratio 53.88%), Guangxi Zhuang Autonomous Region Nanning Ore Powder Factory (17.57%), (Hong Kong) Guilin Investment Co., Ltd. (27.05%), and Guilin Handong Investment Co., Ltd. (1.50%). It has total assets of 300 million yuan, 654 formal employees, and 45 middle-level and above management personnel. It is a joint-stock enterprise integrating mining, selection, powder processing, transportation, and sales. The company's production base is located in Longsheng Autonomous County, Guilin City, which has "the best scenery in the world". It is the main base for China's three major talc production and exports, and is a famous "talc hometown" in my country and Asia. The company annually produces 150,000 to 200,000 tons of talc blocks and 100,000 to 150,000 tons of talc powder. It has 2 series and 38 varieties of talc products, which can be widely used in industries such as medicine, food, cosmetics, papermaking, plastics, rubber, ceramics, pesticides, feed, and waterproof materials. The "Osmanthus Brand" talc product series produced by the company has won many honorary titles such as "Guangxi High-quality Products", "Guangxi Famous Brand Products", "Guangxi Famous Trademarks", etc.