Humon Group, established in 1988.
was a county enterprise in the earlier stage known as “Muping Cyaniding Factory”. It smelted and produced gold with roasting cyanide process and produced sulfate at the same time. The first and second phase of the project were respectively accomplished and put into production in 1991 and 1995.
In 1994, it was restructured to a limited liability company of state holding and employee holding and renamed as “Muping Oriental Smelting Co., Ltd.”
In 1997, it was regulated and renamed as “Shandong Oriental Smelting Co., Ltd.” with the approval of Shandong People’s Government.
In 2002, all its state-owned shares were withdrawn.
Since 1996, it has purchased successively seven gold mines such as the original “Muping Jinniu Mountain Gold Mine”, “Muping Hagou Mountain Gold Mine” and “Muping Fuludi Gold Mine”, etc. and the enterprises such as the original “Muping Chemical Factory”, “Muping Phosphate Fertilizer Plant” and “Muping Detergent Factory”, etc. and developed the projects such as machinery, printing, clothing, foreign trade, catering and tourism, etc.
In 2002, the company took the lead in introducing the advanced technology of foreign gold concentrates in the industry to realize upgrade in the shortest time.
In order to promote sustainable, healthy and rapid development, the company optimized assets and established Yantai Humon Group in Jun. 2003.
Humon Group acquired the original Rushan Chemical Factory and dispatched the first batch of personnel to settle in and establish Weihai Humon Chemical Co., Ltd; Humon Corporation has introduced the two-stage roasting technology from Sweden's Boliden Company to officially commence the construction of the complex refractory gold concentrate renovation project, which was completed and put into operation in December of the same year.
Hengbang Group established Heilongjiang Shuangyashan Qixinghe Mining Co., Ltd; Acquire Yantai Donggang Corrosion Resistant Pump Co., Ltd. and establish Yantai Humon Pump Industry Co., Ltd.
Weihai Humon Chemical Company held a launch ceremony for the 100000 ton sulfuric acid and gold smelting project, marking the start of its ignition and start-up.
Yantai Humon Real Estate Development Co., Ltd. was established; The 100000 ton ammonium phosphate project of Weihai Humon Chemical Company has started commissioning, and the 60000 ton ammonium phosphate project has also been successfully tested.
In 2008, the Group subsidiary, Shandong Humon Smelting Co., Ltd., was successfully listed, which became the milestone of the enterprise development, and motivated the rapid expansion and development of the Group. The enterprise seized new development opportunity, incessantly improved the overall strength with capital operation, and strived to create the most competitive enterprise of gold smelting and resources comprehensive utilization in China. The enterprise invested successively more than RMB one billion on purchase of a batch of gold mines, and construction of new large projects, and will put them into production in succession. The Group’s strength has been greatly enhanced, and is qualified for rapid expansion and development. Its four large plates are gradually formed, which include “Gold Mines Smelting, Chemical Production, Mechanical Manufacturing and Commercial Distribution”.
The group's revenue has exceeded ten billion yuan. The Mouping District Party Committee and District Government held a celebration ceremony at Humon Corporation to celebrate the sales revenue of Humon Group exceeding 6 billion yuan, and awarded the title of "Mouping District Industrial and Economic Development Meritorious Enterprise" to Humon Group.
Humon Group was awarded the title of "2011 District Taxation Meritorious Enterprise with Over 100 Million RMB" by the Muping District Committee and Government; Humon Corporation has been approved by the China Securities Regulatory Commission to issue 1.1 billion yuan of five-year corporate bonds; Yantai Humon Liquor Company held its unveiling ceremony.
Humon Corporation has made significant breakthroughs in geological exploration, with nearly 70 tons of proven gold reserves.
Humon Corporation has been awarded the title of "Top 10 Gold Smelting Enterprises in China", ranking first.
The innovation and industrialization demonstration project of oxygen bottom blowing copper smelting technology of Humon Co., Ltd. has passed the acceptance of Shandong Provincial Development and Reform Commission; Weihai Humon Chemical Co., Ltd.'s "Humon Eldi" trademark has been recognized as a famous trademark in Shandong Province by the Shandong Provincial Administration for Industry and Commerce.
Yantai Humon Logistics Co., Ltd. is listed on the National Equities Exchange and Quotations System for Small and Medium Enterprises in Beijing. Its securities are abbreviated as Humon Logistics, with a stock code of 836969, making it the first commercial logistics company in Yantai to be listed on the New Third Board.
The group's revenue has exceeded 20 billion yuan and it has been listed among the top 500 manufacturing companies in China; The "New Technology and Industrialization Application Project of Bottom Blowing Smelting, Melting Reduction, and Oxygen Enriched Volatilization Continuous Smelting" of Humon Corporation won the second prize of the National Science and Technology Progress Award.
The harmless treatment project for wet gold smelting waste residue and its supporting facilities have been completed and put into operation.
The group has introduced Jiangxi Copper Industry to achieve strategic cooperation, while also promoting comprehensive enterprise reform.
The restructuring of the Group has progressed steadily. All business segments have overcome the adverse effects of the COVID-19, and have made steady progress in reform, innovation, development and production, operation and management. Two enterprises have been recognized as high-tech enterprises, and two achievements have won the Shandong Province Brand Innovation Achievement Award. The group has once again been rated as a "Meritorious Enterprise in Mouping District".
The restructuring work of the group continues to advance, and a new strategic layout has basically taken shape. All business sectors should prepare their winter jackets, firmly move forward, and shoulder the historical responsibility and glorious mission of sustainable development of the Humon cause before embarking on a new journey. The subordinate enterprises have been rated as provincial-level "specialized, refined, and innovative" small and medium-sized enterprises, and Yantai City's "one enterprise, one technology" research and development center; Having passed the first level certification of safety production standardization construction in transportation enterprises, becoming the highest level certification of the Ministry of Transport in the industry; Received the Science and Technology Innovation Development Special Plan Project Award, laying a solid foundation for the sustainable development of the enterprise.
All cadres and employees of the group have taken the lead in "daring" and "doing", anchored goals, overcome difficulties, and made new breakthroughs in the group's production, operation, management, and enterprise reform, innovation, and development. Among them, Humon Additives Company has achieved a new high in product output and achieved the best main indicators in its history. It has been awarded the Shandong May Day Labor Award, and has become the Shandong Enterprise Technology Center, Yantai Enterprise Technology Center, and Yantai Industrial Design Center. It has been shortlisted for the Yantai Double Increase Plan to cultivate enterprises and has won the third prize for outstanding technological innovation achievements among Yantai City's outstanding enterprises and employees; Hengbang Logistics Intelligent Equipment Company has been successfully approved as a national technology oriented enterprise and an innovative enterprise in Shandong Province, and the logistics company has been once again rated as an AAAA level logistics enterprise; Other companies have also made efforts and contributions to the development of the group.