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CHINA DAYE NON-FERROUS METALS MINING LIMITED

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China Daye Non-Ferrous Metals Mining Limited Announces Executive Director Changes

07/15/2021 | 04:30am EDT

The board of directors of China Daye Non-Ferrous Metals Mining Limited announced that Mr. Yu Liming has resigned as an executive Director of the Company, due to job arrangement with effect from 15 July 2021. The Board further announces that Mr. Xiao Shuxin has been appointed as an executive Director with effect from 15 July 2021. Mr. Xiao Shuxin served as a salesman of the import and export department 8 and department 6 and the deputy manager of the business division 2 of department 6 of China National Commercial Foreign Trade Corporation. From October 2006 to November 2007, he served as a salesman of the trading department of China Nonferrous Metal Mining (Group) Co. Ltd. ("CNMC"), the controlling shareholder of the Company. He served as, from November 2007 to August 2011, the deputy manager of the import and export department, manager and assistant to the general manager of the commercial transportation centre, from September 2011 to March 2016, the deputy general manager, from March 2016 to February 2021, a member of the Communist Party Committee and the deputy general manager of China Nonferrous International Trading Co. Ltd. He served as member of the Standing Committee of the Communist Party Committee and the deputy general manager of Daye Nonferrous Metals Group Holdings Company Limited, the controlling shareholder of the Company since February 2021. Mr. Xiao has more than 24 years of experience in business administration.


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Financials
Sales 2020 29 388 M 4 597 M 4 597 M
Net income 2020 306 M 47,9 M 47,9 M
Net Debt 2020 7 328 M 1 146 M 1 146 M
P/E ratio 2020 4,13x
Yield 2020 -
Capitalization 1 619 M 253 M 253 M
EV / Sales 2019 0,29x
EV / Sales 2020 0,29x
Nbr of Employees 5 374
Free-Float 33,1%
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Managers and Directors
Zhong Sheng Long Chief Executive Officer & Executive Director
Yan Wang Chairman
Qi Hong Wang Independent Non-Executive Director
Guo Qi Wang Independent Non-Executive Director
Ji Shun Liu Independent Non-Executive Director