The company is an international engineering contracting company, which mainly undertakes the development, design, planning, progress, construction organization and management of domestic and foreign engineering projects, controls the project cost, construction progress and quality, purchases and ships domestic complete sets of equipment, and handles the project settlement. The company's main target markets are Iran, Egypt, Kuwait, Iraq, Jordan and other Middle East markets; Southeast Asian markets such as Singapore, Thailand, Philippines and Malaysia; And Mongolia, the United States, Chile and other places.
On May 8, 20 13, Sinochem announced that the 7,000-ton/year rare earth separation project of Sinochem South Rare Earth (Xinfeng) Co., Ltd. (hereinafter referred to as "Sinochem South") was approved by the National Development and Reform Commission. According to CNSC, CNSC South, with an annual output of 7,000 tons, is the largest rare earth separation enterprise in China.
Zhongse South is an enterprise established by Guangdong Zhujiang Rare Earth Co., Ltd., a holding company of Zhongse, in conjunction with Jiangsu Zhuo Qun, Changshu Changsheng and Fengyuan Company during the relocation process. Among them, China National Color holds 76% of the shares. Guangdong Pearl River Rare Earth has an existing production capacity of 3,000 tons. According to the agreement, Guangdong Pearl River Rare Earth will stop production after it is put into production, so as to "free up production capacity" for southern China. According to the shareholding ratio, the annual output (rights and interests) of rare earths in China Guose South is 5,320 tons.
On April 4, 20 18, China National Color Corporation announced that it had signed an EPC project contract with Indonesian PT DAIRI PRIMA Mining Company (the employer) with a total price of about 632 million US dollars, and the contract performance period was completed within 42 months after the first advance payment.