Hunan Nonferrous Metals Holding Group Co., Ltd. (abbreviated as "Hunan Nonferrous Metals Group", abbreviated as "HNG") was founded on August 20, 2004 with a registered capital of 2.8 billion yuan. It is a large state-owned wholly-owned company with nonferrous metals production and sales as its main business. It is one of the top 500 Chinese enterprises and top 500 Chinese manufacturing enterprises. Hunan state owned assets supervision and Administration Commission, Hunan Nonferrous Metals Group, Minmetals holdings and Minmetals Group reached relevant agreements on December 24 and 28, 2009, respectively, to increase capital and restructure Hunan Nonferrous Metals by China Minmetals.
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