Located in Yongxing Huangni Industrial Park, Xintai Silver Industry Co., Ltd. of Yongxing County was established in 2000 (originally named Hope Smelter), covering an area of 5,600 square meters. It is a key silver producing enterprise in China’s silver city Yongxing. Only 1 km away from the provincial highway S212, it boasts convenient traffic. With assets of 90 million yuan, it employs 180 staff members, 50 of whom are technicians. The company has five production lines, and many technologies are advanced within the country, such as blast smelting technology, gold and silver pyrometallurgy and hydrometallurgy and XT technology for electrolysis of No.1 silver (purity quotient of 99.99%). In addition, it has accumulated highly developed management experience, perfect management system and financial system over the years. The quality of its products has met international standards, so the enterprise was awarded “Outstanding Private Enterprise” in 2001, 2002, and 2003 consecutively. The company also undertakes supplied processing business.