In order to effectively improve the control and international influence of China’s rare earth resources, China Rare Earth Group Co., Ltd. was officially established on December 23, 2021. Half a year later, the integration and integration of rare earth business end between central enterprises and local state-owned enterprises was further promoted< Br > < div class= "contheight" > < / div > according to the official announcement of China rare earth group, on July 1, China Rare Earth Group International Trade Co., Ltd. (hereinafter referred to as “ITC”) was established in Ganzhou, Jiangxi Province. China rare earth group said that the establishment of China rare earth group international trading company is an important measure for China rare earth group to speed up the substantive and in-depth integration of trading assets, promote industrial synergy, business aggregation and efficiency, and realize the aggregation effect< Br > < div class= "contheight" > < / div > it is reported that after the establishment of China rare earth group international trading company, it will focus on promoting the integration of trade operations of China rare earth group, strengthening the in-depth cooperation with the upstream and downstream, horizontal and vertical and different fields of the rare earth industry, and striving to build a world-class trading enterprise< Br > < div class= "contheight" > < / div > tianyancha information shows that ITC was incorporated on June 28, 2022, with a registered capital of 1billion yuan, and is 100% controlled by China rare earth group< Br > < div class= "contheight" > < / div > on December 23 last year, China Rare Earth Group Co., Ltd. was officially established. China rare earth group is a large rare earth enterprise group established by Aluminum Corporation of China Limited, China Minmetals Group Co., Ltd. and Ganzhou rare earth group Co., Ltd. in order to realize the complementary advantages of rare earth resources and the coordinated development of rare earth industry, China Steel Research Technology Group Co., Ltd. and Youyan Technology Group Co., Ltd. are introduced into the rare earth technology research and development enterprises, in accordance with the principles of marketization and rule of law< Br > < div class= "contheight" > < / div > the China rare earth group after its establishment is a diversified central enterprise directly supervised by the state owned assets supervision and Administration Commission of the State Council, also known as the “youngest central enterprise”. The current equity structure of this central enterprise is: the state owned assets supervision and Administration Commission of the State Council holds 31.21%; Aluminum Corporation of China, China Minmetals Corporation and Ganzhou rare earth group Co., Ltd. hold 20.33% respectively; China Steel Research Technology Group Co., Ltd. and Youyan Technology Group Co., Ltd. hold 3.90% respectively< Br > < div class= "contheight" > < / div > at the time of its establishment, China rare earth group said that it would focus on the scientific and technological research and development, exploration and development, separation and smelting, deep processing, downstream applications, complete sets of equipment, industrial incubation, technical consulting services, import and export and trade business of rare earth, and strive to build a world-class rare earth enterprise group with global competitiveness< Br > < div class= "contheight" > < / div > for the establishment of the international trade company, China rare earth group held a preparatory and promotion meeting on June 6. The meeting pointed out that the establishment of ITC is the first step in the integration and integration of China’s rare earth business. It is a practical action to implement the decision and deployment of the CPC Central Committee, inherit the red gene of central enterprises, and continue the red blood of central enterprises. It should be planned as a whole, carefully organized, and fully promoted.