The major activities of the mint are minting and melting circulation and commemorative coins, and producing commemorative medals and other kind of casting products for government institutions and businesses in Taiwan.

Australian-Chinese merchant George Kwok Bew was appointed head of the CMC.

Kwok was an associate of Sun Yat-sen and also managing director of Wing On.

During the Second Sino-Japanese War, the company had to be relocated inland of Mainland China in which facilities were set up in Chengdu, Guilin, Kunming, Lanzhou and Wuchang.

In 1946 after the National Revolutionary Army won the war against the Japanese, the company relocated back to Shanghai.