Intelligent and Digital Mineral Processing
SLMG
Shenglong
Total assets
Total share capital
Registered employees
Subsidiary companies
Luoyang Shenglong Mining Group Co., Ltd (referred to as Shenglong )was founded in December 2020. It is a leading large-scale state-owned molybdenum enterprise in China. On March 31, 2026, the Company was listed on the Main Board of the Shenzhen Stock Exchange (Stock Code: 001257).Shenglong is mainly engaged in the production, processing and sales of molybdenum-related products. Its major products include molybdenum concentrate and ferromolybdenum. Boasting superior product quality, Shenglong has repeatedly won the title of “Centennial-trusted High-quality Molybdenum Concentrate Supplier”. It is a key supporting entity of the Henan tungsten-molybdenum-titanium-magnesium industrial chain and standing council member of the Henan Mining Association.Shenglong holds 5 large and medium-sized non-ferrous metal mining rights, including the Nannihu Molybdenum Mine of Longyu Molybdenum. As of the end of 2025, Shenglong holds retained molybdenum metal reserves of 700,600 tonnes, together with symbiotic and associated metal reserves of 55,300 tons of trioxide tungsten, 11,800 tons of copper, and 6,780 tons of lead.Its molybdenum reserves firmly place it within the first tier in the industry. Among its assets, Nannihu Molybdenum Mine has a registered production capacity of 16.5 million tonnes of ore per year, ranking it as China’s largest single-operating molybdenum mine in terms of registered production capacity.
In recent years,Shenglong has been guided by scientific and technological innovation and vigorously developed new quality productive forces, and empowered intelligent and digital mines via “5G + big data”. Shenglong has been awarded numerous honors, including National AAA-level Credit Enterprise, National Green Mine, Henan Provincial Science-Technology Reform Enterprise, Specialized and Innovative Enterprise for Cultivation, Henan Provincial Enterprise Technology Center, Henan Class-A Environmental Performance Enterprise, and Henan Provincial-level Green Factory. It is also among the first batch of non-coal mines in Henan Province to pass the acceptance assessment for intelligent mine. Going forward, Shenglong will resolutely implement its development strategy of “Resource Priority, Innovation-Driven and Cost Leadership”. Centered on the strategic positioning of building a “First-Class Mining Enterprise”, Shenglong will actively fulfill corporate social responsibilities and pursue high-quality development.
Development Strengths of Shenglong
Exceptional resource endowments, Enormous resource-development potential, Extensive room for industrial-chain supplementation and extension, Prominent geographical advantages.
Exceptional Resource Endowments
Shenglong boasts considerable non-ferrous metal reserves of high economic value. The Nannihu Molybdenum Mine of Longyu Molybdenum stands among China’s leading single-site molybdenum mines. Characterized by large reserves, shallow burial, easy mining and beneficiation, high mechanization and sound safety conditions, it builds a robust resource base for the company’s future growth.
Huge Potential for Resource Development
Shenglong is committed to developing its core molybdenum business. Upon completion of ongoing projects of Longyu Molybdenum, including capacity-expansion construction at the Nannihu Mine, intelligent renovation and expansion of the Xiaomiaoling Concentrator for efficient development and utilization of low-grade ore, and construction of the Taowan Xianchigou Tailings Pond, a mining-and-processing capacity of 50,000 tonnes of ore per day will be achieved.
The Angou Molybdenum Polymetallic Open-pit Mining Project under implementation by Longxin Molybdenum will deliver a production capacity of 5,000 tonnes of ore per day. The company enjoys huge potential in resource development with remarkable economic-benefit advantages.
Extensive Room for Industrial-chain Supplementation and Extension
As scarce strategic commodities, mineral resources have drawn rising capital attention in recent years. Fueled by fast-growing mineral consumption, the downstream sector offers broad potential for chain extension and supplementation. Supported by new generation of tungsten-molybdenum products, metallic and non-metallic new materials, Shenglong is shifting its focus toward deep processing field, promoting large-scale, intensive and standardized development of the tungsten-molybdenum industry.
Prominent Geographical Advantages
As a key Belt-and-Road node city, national regional central city, national comprehensive transport hub and sub-central city of the Central Plains Urban Agglomeration, Luoyang City features solid industrial foundation, rich natural resources and favorable geographic-transport conditions. Altogether 106 mineral types (including sub-mineral species) have been identified across the city.It ranks first in China in terms of molybdenum reserves and hosts world-class molybdenum mines. Shenglong enjoys unparalleled advantages in conducting the production and sales of molybdenum products in this region.
