King of metals, upstart of central enterprises. Directly under the State-owned Assets Supervision and Administration Commission of China, it is the largest R&D and nonferrous metal production base in China, with total assets of several billion yuan. Headquartered in Beijing.

1952, the State Council approved the establishment of China nonferrous metal research and development base, with 8 national centers and 7 holding companies. Over the years, it has made a series of brilliant achievements and honors in the mining, production, development and utilization of precious and rare earth metals. More than 4,000 achievements and more than 3,000 national patents have made great contributions to the development of non-ferrous metals in China. All these achievements are closely related to the concern and attention of previous party and state leaders and their personal inspections.

Xingyou Company is a wholly-owned subsidiary of Beijing Research Institute, which develops and guides the brand of "Gui Zhong Gold". It is mainly engaged in the domestic and foreign trade of precious metals such as gold, platinum, palladium, rhodium gold, silver and rare earth, and its products include raw materials, gold bars, silver bars, platinum bars and precious metal jewelry. With annual sales of several billion yuan, it is one of the flagship sales companies in China precious metals industry.