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Trades about 144% below its sector, cheaper than its peers on earnings.
Add New Energy Investment Holdings Group Limited operates as an investment holding company primarily focused on the exploration, extraction, and processing of iron and ilmenite ores within the People's Republic of China. Its core output comprises iron and titanium concentrates, which are supplied mainly to manufacturers of iron pellets and steel. The company's significant mining assets include the Yangzhuang Iron Mine, Zhuge Shangyu Ilmenite Mine, Luxing Titanium, and Qinjiazhuang Ilmenite Mine. Beyond its mineral resource activities, the group also engages in the trading of various commodities, such as coarse iron powder, spodumene, semi-coke, and blended coal, in addition to its involvement in wind power generation. Incorporated in 2011, the company was formerly known as China Zhongsheng Resources Holdings Limited until it rebranded to Add New Energy Investment Holdings Group Limited in July 2016. Its corporate headquarters are located in Yishui, People's Republic of China.
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