Wuxi Industrial Development Group Co., Ltd., the controlling shareholder of Guokai Metals, is a large comprehensive state-owned enterprise group established with capital contributions from the Wuxi Municipal People’s Government in April 2008. It currently owns multiple wholly-owned, holding, and equity-participating enterprises. The group has been consecutively listed among China’s Top 500 Enterprises for 17 years. In 2025, it ranked 182nd on the “China’s Top 500 Enterprises” list and was simultaneously selected for the list of China’s Top 100 Leading Enterprises in Strategic Emerging Industries, securing the 89th position.
Shanghai Cuide Management Company is an employee shareholding platform through which the operational and management team of Wuxi National Development Metal Resources Co., Ltd. hold shares in the company.