Fushun Huawei Mining Technology Development Co., Ltd. is located in xiayingzi village, Muqi Town, Xinbin Manchu Autonomous County, Liaoning Province. Fushun Zongchuan Mining Development Co., Ltd. invested 109 million yuan in 2012 to acquire 100% of the equity, and the registered capital was added to 40 million yuan, becoming a wholly-owned subsidiary of the company. In 2011, the mine was listed as one of the "top priority"industrial projects in Xinbin Manchu Autonomous County. Independent accounting legal entity, main gold, silver, copper polymetallic ore.

Since November 2013, the 10th Geological Brigade of Liaoning Province has carried out a detailed investigation on the 1.9 square kilometers of silver and copper gold ore bodies in the north and South ore sections of the mining area in combination with previous geological work. At present, the exploration has been completed in a phased manner, and the relevant procedures of transferring the exploration right to the mining right are being handled. An additional 70 million yuan has been invested in exploration, with 18325 meters of drilling, 1937 cubic meters of trenching, 2209.3 meters of engineering excavation and 6203 meters of roadway restoration.

In February 2015, the company submitted the detailed investigation report of copper and gold deposits in xiayingzi mining area. The reserves verified and filed by the Provincial Department of land and resources are 6.75 million tons, and the metal volume has reached the scale of medium and large polymetallic mines. The company is continuing to increase investment in exploration work due to the huge potential of deep mineral deposits under 400m preliminarily explored by experts. Only proven resources are available. If the mining license is approved, the company will enter the phase I production stage. The company is building phase I concentrator with a capacity of 1200 tons of ore per day, an annual comprehensive mining and beneficiation production capacity of 400000 tons, and an annual profit tax of 200 million yuan is predicted.