Mission Statement, Vision, & Core Values (2026) of China Northern Rare Earth (Group) High-Tech Co.,Ltd.

As a cornerstone of China's strategic minerals sector, China Northern Rare Earth High‑Tech Co., Ltd. (600111.SS) traces its modern pedigree to the 2008 merger that consolidated Baotou Steel Rare Earth into a vertically integrated powerhouse spanning mining, processing, and product manufacture, and in 2024 the company commissioned what it calls the world's largest rare‑earth processing facility featuring advanced eco‑friendly technologies; the state‑owned group holds dual ISO certifications reflecting global quality and ethical compliance, emphasizes a mission and vision to become a world‑class leader by expanding China's rare‑earth industrial chain and building a high‑quality ecological framework, and underpins growth with core values-integrity, innovation, collaboration, responsibility and transparency-while continuing to scale production capacity and market share as of late 2025, setting the stage for how its strategic priorities and measurable investments shape both domestic dominance and global supply dynamics.

China Northern Rare Earth High-Tech Co.,Ltd (600111.SS) - Intro

• Founded through merger activities with Baotou Steel Rare Earth in 2008; headquartered in Baotou, Inner Mongolia.
• Core operations: mining, processing/separation, rare-earth alloys, permanent magnets and high-tech applications (electronics, automotive, defense, renewable energy).
• Integrated control over supply chain from ore to finished materials reduces external procurement exposure and improves cost management.

• 2024: Commissioned the world's largest rare-earth processing facility, incorporating low-carbon procedures and closed-loop waste treatment technologies to reduce emissions and effluent.
• Production footprint: multiple processing and manufacturing bases across Inner Mongolia and other provinces, with ongoing expansion projects announced through 2025.
• Workforce: approximately 12,000 employees (company-wide, including mining, processing and R&D units).

• Dual ISO certifications: ISO 9001 (quality management) and ISO 14001 (environmental management), reflecting formalized quality and environmental systems across major sites.
• 2024 facility emphasizes eco-friendly processing: reduced acid consumption, improved solvent recovery and upgraded tailings management.

• Vertical integration: tight coupling of upstream ore supply with midstream separation and downstream alloy/magnet production to secure margins and product consistency.
• Scale and capacity: 2024 plant expansion places the company among the world's largest processors by throughput, improving unit economics and supply reliability for strategic customers.
• R&D and product diversification: investments in high-performance NdFeB magnet alloys, heavy-rare-earth separation and low-environmental-footprint processing technologies.
• State-backed positioning: access to strategic reserves, supportive industrial policies and preferential financing for large-scale capital projects.

• Revenue and profitability are sensitive to rare-earth price cycles, product mix (light vs heavy RE), and export/regulatory dynamics.
• Strategic customers include domestic high-tech manufacturers and state-affiliated industrial programs seeking secure, traceable supply chains.
• Capital intensity remains high due to processing, environmental control and downstream metallurgy investments; leverage and capex trends should be monitored.

China Northern Rare Earth High-Tech Co.,Ltd (600111.SS) - Overview

• Mission: To become a world-class leader in the rare earth sector by developing and expanding China's rare earth industrial chain and building a high-quality ecological framework for the industry.
• Strategic alignment: Supports China's national industrial goals by vertically integrating upstream mining, midstream separation and downstream alloy/metals and magnet production.
• Sustainability focus: Commitments to responsible resource management, environmental protection in ore processing, and circular economy initiatives for rare earth recycling.

• Industrial chain expansion - capacity investments across extraction, separation, metals and permanent magnet production to improve value capture and reduce reliance on external suppliers.
• Ecological framework development - technologies and investments aimed at lowering environmental impact per tonne of rare earth oxide produced, including waste-water treatment and residue reuse.
• Global competitiveness - expanding export capabilities while ensuring compliance with strategic domestic supply requirements.

• Vertical integration - coordinated upstream-to-downstream asset base to capture higher value and stabilize margins amid commodity cycle volatility.
• Supply security - targeted capacity to meet domestic strategic demand (electric vehicles, renewable energy, defense-related components) and selective export markets.
• Technology & sustainability - investment in cleaner separation processes, solvent recovery, and rare earth recycling pilots to reduce environmental footprint per unit produced.

• Bolsters national resilience by concentrating critical production capacity within geographically managed clusters.
• Enables downstream industrialization (magnets, alloys) that supports electrification and renewable-energy supply chains.
• Advances sustainability benchmarks and regulatory compliance in a historically high-impact sector.

China Northern Rare Earth High-Tech Co.,Ltd (600111.SS) - Mission Statement

• Protect and enhance national strategic resource security by stabilizing supply of critical rare earth elements.
• Extend and vertically integrate the rare earth industrial chain-from mining and separation to alloying, magnetic materials, and downstream high-value applications.
• Adopt and promote environmentally responsible extraction and processing to reduce ecological footprint and improve recycling rates.
• Create global competitiveness through technology, scale, and stable long-term partnerships with domestic and international customers.

• Developing and expanding China's rare earth industrial chain to capture greater downstream value and reduce dependence on external processing capacity.
• Building a high-quality ecological framework for the sector-investing in cleaner separation technologies, tailings management, and circular-economy initiatives (recycling and reuse).
• Strengthening China's dominance in rare earth production and processing, while improving the company's global competitiveness through technology, scale, and integrated services.
• Strategic alignment with national industrial policies that prioritize critical materials for clean energy, defense, and advanced manufacturing.

• Capacity and chain integration - invest in separation, alloying, magnet production, and recycling facilities to move up the value chain.
• Environmental governance - deploy best-practice tailings, wastewater, and emissions controls and accelerate adoption of lower-impact processing routes.
• Technological leadership - scale R&D in separation chemistry, magnetic materials, and resource-efficient processing to improve margins and reduce environmental cost.
• Market diversification - deepen relationships with domestic strategic industries (new-energy vehicles, wind power, electronics, aerospace) while expanding qualified exports and technical services.

China Northern Rare Earth High-Tech Co.,Ltd (600111.SS) - Vision Statement

• Lead the global rare earth industry in high-purity magnetic material supply, specialty alloys and downstream applications for new energy and electronics.
• Achieve carbon-neutral operations through process optimization, energy transition and circular resource management.
• Continuously increase R&D intensity to transform pilot technologies into scalable industrial advantages.
• Build resilient supply chains through strategic partnerships and responsible resource stewardship.

• Integrity - Northern Rare Earth operates under strict compliance and ethical standards, with governance mechanisms to prevent misconduct and ensure responsible conduct across operations and partnerships.
• Innovation - The company allocates substantial capital to R&D (RMB 420 million in 2023), focusing on refining extraction, separation and magnetic-material processing to raise product quality and lower costs.
• Collaboration - Strategic alliances with OEMs, research institutes and downstream manufacturers strengthen market access and co-development of high-value applications in EV motors, wind turbines and electronics.
• Responsibility - Environmental stewardship guides process design and reclamation efforts; targets include a 30% CO2 intensity reduction from 2020 levels by 2030 and ongoing mine rehabilitation programs.
• Transparency - Regular disclosure of financials, operational metrics and ESG initiatives ensures accountability to investors, regulators and communities.
• Sustainable resource management - Emphasis on closed-loop recovery, waste minimization and adherence to national and international environmental standards to secure long-term resource availability.