Yongxing Rare & Precious Metal Comprehensive Recovery Project has a total investment of 2.326 billion yuan and covers an area of 555.33 mu. After the completion of the project, the arsenic containing materials produced by the heavy metal industry in the region will be intensively disposed, with "harmless disposal of arsenic containing waste and comprehensive recovery of valuable metals" as the focus of cleaner production. The materials with high arsenic content can be removed by wet process from the source of raw materials to eliminate the dispersion and secondary pollution of arsenic, so that arsenic can be sold in the form of products (sodium arsenate), and the valuable metals can be recovered comprehensively. After the completion of the project, the annual metal output will be about 120000 tons, the annual output value will be about 10 billion yuan, the tax will be about 500 million yuan, and more than 1000 social jobs will be provided.

This project belongs to Chenzhou Xiongfeng Rare Precious Metal Materials Co., Ltd., which was founded on July 30, 2001. On February 5, 2015, it was changed to "Chenzhou Xiongfeng Environmental Protection Technology Co., Ltd". It is a wholly-owned subsidiary of the listed company Chifeng Jilong Gold Mining Co., Ltd. (Stock Code: 600988), with registered capital 322.89 million yuan, which is a leading enterprise in the pilot project of comprehensive recovery and circular economy of rare and precious metals in Yongxing, Hunan Province. The company and its products were respectively awarded the titles of national high-tech enterprise, China's well-known trademark and famous brand product in Hunan Province.

The company has the right of self import and export, and its refined bismuth accounts for more than 8 percent of the domestic market share. Its product popularity and reputation rank in the forefront of similar products in China. At present, it has 11 national invention patents, 1 utility model patent, 3 proprietary technologies, 10 high-tech products, and 2 national industry standards.