The Second Strategic Transformation
The second strategic transformation began in 2003, with the investment and operation of resource-based industries as the strategic target.
Feishang Group has successively invested more than RMB 20 billion to build industrial bases in Guizhou, Jiangxi, Inner Mongolia, Anhui, Africa and South America and has pillar industries including non-ferrous metal and material processing, coal energy, steel, transportation and logistics and ecological forestry, etc.

Among them, Feishang Copper Co., Ltd. located in Bayan Nur City, Inner Mongolia has copper smelting technique - “Feishang Technique” with international leading level and independent intellectual property rights, and is the first company which has successfully smelted copper with oxygen-enriched side-blown bath and melting technique in the world. Jiangxi Feishang Forest Products Co., Ltd. is the largest enterprise integrating forestry products, forestry chemicals and forestry drugs into the one in the forest chemical industry of Jiangxi Province, and is the “national key leading forestry enterprise”.

Guizhou Feishang Energy Co., Ltd. is one of the first batch of coal mining enterprises in Guizhou Province to undergo merger and restructuring, with resource reserves of 2 billion tons and annual production capacity of 5 million tons. Guizhou Puxin Energy Co., Ltd. under the company’s management together with its 7 subsidiary coalmines was successfully listed in the main board of the Stock Exchange of Hong Kong in 2014.
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