Why are the assets of Xingang shares much higher than those of Tongling Nonferrous Metals?
Low debt ratio. Xinyu Iron and Steel Co., Ltd. is a joint-stock company established with the approval of the Joint Review Group of Jiangxi Stock Reform. The asset-liability ratio of Tongling Nonferrous Metals Co., Ltd. is lower than this asset, so the assets of Xingang Co., Ltd. are higher than that of Tongling Nonferrous Metals Group Holding Co., Ltd., which is located in Tongling City, Anhui Province, one of the birthplaces of bronze culture in China, and is known as "the ancient capital of China".