Zhen Ding Resources Inc. is a Chinese mining and mineral processing company focusing on ore processing, concentrate production, and sales to refineries.

# Company Overview: Zhen Ding Resources Inc.

## Business Description
- **Industry Focus:** Mining and mineral processing, primarily of precious and base metals such as gold, silver, lead, zinc, and copper in China.
- **Core Activities:**
  - Seeking business partnership opportunities with exploration and extraction companies in need of funding and management.
  - Providing management expertise and financial assistance to mining operations.
  - Acquiring metal ores produced by partnered mines.
  - Processing ores at their own ore milling plant.
  - Selling processed ore concentrates to metal refineries.
  
## Current Operations
- **Operating Entity:** Zhen Ding JV (Joint Venture)
  - Engaged in processing metal ore and selling ore concentrates.
  - Purity levels of concentrates range from **65% to 80%**.
  - Purchases metal ore in rock form from Xinzhou Gold, which holds exploration and mining rights for a property in Anhui province, China.
  - Processes ores into concentrates which are sold to refineries for further purification.

## Manufacturing and Processing Details
- **Ore Processing Plant:**
  - Located on the site of the Wuxi Gold Mine in Anhui Province.
  - Utilizes gravity concentration technology.
  - Capable of producing multiple metal concentrates with high purity.
  - Ore is ground, treated with chemicals, floated, filtered, dried, and packaged as concentrates.
  - Tailing water recycled with no hazardous waste produced.

## Market and Supply Chain
- **Supplies:** Entire raw material input (metal ore in rock form) sourced from Xinzhou Gold.
- **Products:** Gold, silver, lead, zinc, and copper ore concentrates.
- **Sales:** Sold to metal refineries for final refining.

## Revenue and Financials
- **Revenue:** As of the latest available data (2012), the company generated approximately **$2.1 million USD** in milling and sales of concentrates during initial operations.
- **Employees:** Currently, the company has no paid employees.
- **Revenue:** No revenue reported for fiscal years 2023, 2024.
- **Income:** 
  - Net loss for fiscal year 2024: **$1,106,305 USD**.
  - Net loss for fiscal year 2023: **$1,247,099 USD**.
- **Operational History:** Has not yet achieved consistent revenue or profitability.
- **Customer Base:** Not explicitly reported; sales are primarily to refineries, with no specific number of customers detailed.

## Financial Condition
- **Operational Status:**
  - Idle since 2015 due to market downturns, COVID-19 delays, and environmental permit issues.
  - Actively seeking funds (approximately **$3.35 million USD** planned for next fiscal strategies) to restart operations and expand mining permits.
- **Cash Position (as of end 2024):** approximately **$1,977 USD**.
- **Total Liabilities (2024):** ~$10.9 million USD, mainly owed to related parties and short-term debts.
- **Total Shareholders’ Deficit:** approx **$10.9 million USD**.

## Regulatory and Market Environment
- Subject to Chinese environmental and mining regulations.
- Has experienced delays and re-application processes for mining and environmental permits.
- Engages in environmental impact compliance and restructuring efforts.
  
## Summary
Zhen Ding Resources Inc. is a mineral exploration and processing company based in China, primarily involved in processing ore into concentrates for sale to refineries. The company has not generated significant revenue in recent years, operates at a loss, and is actively seeking financing to restart and expand mining and processing activities. It currently has no employees and minimal cash reserves, with its business heavily dependent on environmental permits, strategic partnerships, and funding.

Zhen Ding Resources Inc. is a mining company focused on the processing of precious and base metals, operating primarily through its joint venture in China.

# Zhen Ding Resources Inc. Overview

## Business Operations
Zhen Ding Resources Inc. is primarily engaged in the mining and processing of precious and base metals, focusing on gold, silver, lead, zinc, and copper. The company operates through its joint venture, Zhen Ding Mining Co. Ltd. (Zhen Ding JV), located in the southwestern part of Anhui Province, China. Zhen Ding JV, which is 70% owned by Zhen Ding Resources Inc. through its California subsidiary, Z&W Zhen Ding Corporation, collaborates with its joint venture partner, Jing Xian Xinzhou Gold Co., Ltd. (Xinzhou Gold), to source metal ores and manage processing activities.

### Operations Specifics
- **Primary Activity**: Processing metal ore and producing ore concentrates.
- **Products**: Metal ore concentrates containing gold, silver, lead, zinc, and copper at purity levels ranging from 65% to 80%.
- **Sales Channels**: The processed concentrates are sold to metal refineries for further purification and separation.

### Financial and Operational Status
- **Revenue**: Zhen Ding Resources Inc. has reported no revenue from the processing and sale of ore concentrates during the fiscal years ending December 31, 2023, and 2022.
- **Net Loss**: The company recorded a net loss of approximately $1.25 million for the year ended December 31, 2023, compared to a $583,307 loss for the previous year.
- **Accumulated Losses**: Since its inception, the company has accumulated losses of approximately $22.5 million as of December 31, 2023.
  
### Employment
- **Employees**: Currently, Zhen Ding Resources Inc. has no paid employees. Its management team consists of its CEO and CFO, who are not currently compensated for their services. The company tends to hire consultants as needed, which includes specialized professionals in geological and environmental matters. 

### Customers
- **Customer Base**: Specific details on the number of customers are not disclosed, but the company primarily serves metal refineries that require ore concentrates for further processing.

### Financial Resources and Future Plans
Zhen Ding Resources Inc. has faced severe challenges in raising funds necessary to resume operations. It is actively seeking investment amounts ranging between $3 million to $4 million to restart its mineral processing plant and extend mining permits. 

### Conclusion
Zhen Ding Resources Inc. primarily focuses on mining opportunities in China, but has been currently idled due to insufficient capital and has been unable to generate revenue over the past two fiscal years. The management is working on securing necessary funding to restart operations while also exploring other potential business opportunities to improve shareholder value.

ZHEN DING RESOURCES INC.

10-K / April 15, 2025

10-K / April 12, 2024

10-K / April 15, 2025

Company Overview: Zhen Ding Resources Inc.

Business Description

Current Operations

Manufacturing and Processing Details

Market and Supply Chain

Revenue and Financials

Financial Condition

Regulatory and Market Environment

Summary