Zhengyuan Geospatial Information, a subsidiary of the China Metallurgical Geology Bureau, has successfully been listed on the STAR Market.

　　On July 30, Zhengyuan Geographic Information Group Co., Ltd., a subsidiary of the China Metallurgical Geology Bureau (stock abbreviation: “Zhengyuan GIS”; stock code: 688509), was listed on the Shanghai Stock Exchange, adding another player to the capital market in the geographic information sector. The company issued 170 million shares in this offering. As of the midday close, its share price settled at RMB 8.75 per share, up 344.16%.

　　On that day, Jia Liker, Director of the Property Rights Administration of the State-owned Assets Supervision and Administration Commission of the State Council; Niu Jianhua, Secretary of the Party Committee and Deputy Director of the China Metallurgical Geology Bureau; Li Xiangying, Deputy District Mayor of the Shunyi District Government of Beijing; and other dignitaries attended to jointly witness the historic moment of Zhengyuan Dixin’s listing.

　　At the listing ceremony, Niu Jianhua stated in his address that, over its 69 years of existence, the General Administration has consistently shouldered the noble mission of providing resource security and high‑quality professional services to support national economic and social development. It has vigorously developed strategic emerging industries such as geographic information, nurtured a number of outstanding enterprises—led by Zhengyuan Dixin—and thereby laid a solid foundation for national economic and social progress. He emphasized that Zhengyuan Dixin’s public listing represents the latest achievement in the Administration’s efforts to implement General Secretary Xi Jinping’s important directives on developing the state‑owned economy, as well as the three‑year action plan for state‑owned enterprise reform and the “Double Hundred” initiative. It also marks a significant milestone in the reform and development of geological exploration institutions nationwide and in the metallurgical geology sector’s longstanding drive to advance internal corporatization. He expressed confidence that, with its entry into the capital markets as a new starting point, Zhengyuan Dixin will further strengthen its core competitiveness and create greater value for investors.

In his address, Li Xiangying stated that the Beijing Airport Economic Core Area is committed to building a world-class business environment in line with the highest standards. The region’s favorable ecosystem for financial innovation and entrepreneurship has nurtured a number of outstanding enterprises, while its innovation-driven development framework continues to improve—Zhengyuan Dixin stands out as one of the leading examples. He expressed the hope that, taking its public listing as a new starting point, Zhengyuan Dixin will remain steadfast in pursuing technological and managerial innovation, steadily scaling new heights. Meanwhile, the Shunyi District Party Committee and Government, along with the Management Committee of the Airport Economic Core Area, will continue to provide the most attentive support to help the company thrive.

　　In his address, Yang Yukun, Secretary of the Party Committee and Chairman of Zhengyuan Dixin, stated that after more than two decades of steady growth and accumulated experience, the company has successfully gone public, marking a significant milestone. This listing not only recognizes the company’s past achievements but also heralds the beginning of a new journey, with a long and challenging road ahead. Taking this public offering as an opportunity, the company will continue to strengthen standardized management, drive technological innovation, and expand its business, striving for rapid, leapfrog development. By delivering even stronger performance, the company aims to repay the trust and support of its shareholders, leaders at all levels, and friends from all sectors.

　　Recently, the 10th Global Geospatial Developers Conference opened in Changsha, where the “2021 Hunan Geospatial Technology Innovation White Paper” was released. The report indicates that the global geospatial industry is maintaining strong growth momentum and has entered an acceleration phase, with an average annual compound growth rate of 13.8% over the past three years. In 2020, the global geospatial industry was valued at approximately US$439.2 billion (about RMB 2.8 trillion). Over the next decade, the industry is expected to sustain rapid expansion, reaching a market size of US$840 billion by 2025 and US$1.6 trillion by 2030. In response to this vast and expanding market, Zhengyuan GIS will fully seize industry‑driven opportunities and continue to strengthen its leading position.

　　At present, after decades of dedicated development, Zhengyuan Dixin has achieved a high degree of integration in the construction and application of geospatial and spatiotemporal data. Today, it enjoys distinct advantages in smart city initiatives such as intelligent pipeline networks and smart underground spaces. Following expert evaluation, its IoT‑based “Four‑Pronged” key technologies and applications for smart pipeline networks have been recognized as domestically leading, and its independently developed “Key Technologies for a Smart Underground Space Information Platform” have likewise attained a top domestic standing. Consequently, bolstered by its clear first‑mover advantage, Zhengyuan Dixin’s role in driving and advancing the industry’s future development is far from negligible.

　　Looking ahead, Zhengyuan GIS will uphold the corporate philosophy of “openness, inclusiveness, cooperation, and development,” driving continuous growth through innovation and reform. Leveraging its technological edge in integrated land‑sea‑air‑ground geospatial and spatiotemporal data infrastructure, the company will continually refine and expand its distinctive industry‑specific solutions under the “Geoinformation Plus” framework, advance industrial transformation and institutional reforms, and strive to become a leading enterprise in China’s geospatial information sector as well as a comprehensive service provider for smart city development.