Overseas investment business is the main window and platform for Wealth Holdings to carry out overseas business, mainly engaged in the investment, construction and operation of overseas energy projects and other related businesses.
At present, we mainly focuses on mine & factory investment, with other energy investment as supplement.
Based on the business philosophy of diversified development and full industry service, Welth Holdings transformed and upgraded in 2021, intervened in the field of mineral resources, and made the first step of mineral resources investment overseas by virtue of its own resource advantages. Now it mainly invests in iron ore, manganese ore, chromium ore and other projects. With the development of China's energy construction and the continuous application of technology, minerals, as the foundation of energy in the 21st century, have attracted great attention to its strategic position and increasingly prominent economic value; We not only do a good job in mining investment management, but also entered the high-end industrial field of mining development and expand and strengthen our internal mining resources industrial chain.
In addition, our business of the overseas factory investment section is also becoming more and more mature. Based on self-invested mining projects, we invest in processing plants where raw materials are extracted, thereby reducing the cost of processing materials. We have a complete production process from ore mining, coking, sintering, ironmaking, steelmaking to steel rolling. After investment, all process equipment of the group has been large-scaled and modernized, upgraded and upgraded in an all-round way, with an annual production capacity of over one million tons of crude steel. In the later period, we will also deepen the field of offshore investment, implement the "investment + new industry" dual main business development strategy, and strengthen the overseas investment capacity through continuous technological innovation, accelerate the development of energy and environmental protection and other emerging industries, and build the group into an integrated service provider integrating investment, development, processing, and operation.