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On March 18, Jin'ang Group Chairman Ke Xiangjin led a senior management delegation to visit Zhongxiang Overseas Construction and Development Co., Ltd. ('Zhongxiang Overseas'), holding in-depth exchanges with Li Zhenlai, Party Secretary and Chairman of Zhongxiang Overseas, and other senior executives, and signing a strategic cooperation framework agreement. The two sides will give full play to their respective advantages, carry out strategic cooperation in mine extraction, engineering infrastructure and park development, and deepen cooperation in mineral product import and export trade, building a new pattern of coordinated development across the full industrial chain.
Joining Forces to Deeply Advance Full-Industrial-Chain African Mineral Business
Li Zhenlai said that Zhongxiang Overseas, as the main entity of Hunan Construction Investment Group for international engineering contracting and international trade, has a high degree of international market participation and the ability to integrate full-industrial-chain resources. Hunan Jin'ang is a key enterprise in Hunan Province's economic and trade cooperation with Africa, with notable advantages in resources for cooperation with Africa, and the two sides have huge cooperation potential. He looks forward to further deepening communication and collaboration in resource utilization, business integration and full-process services, and promoting the implementation of a batch of high-quality projects to achieve mutual benefit and win-win.
Ke Xiangjin said that the Group closely follows the national 'China-Africa cooperation' strategic direction, actively practices the Belt and Road Initiative, rides the fast train of Hunan's economic and trade cooperation policies with Africa, and invests heavily in African mineral development. From source to end user, it deeply lays out full-industrial-chain business and is rising rapidly with a steady and pragmatic pace of development. This cooperation with Zhongxiang Overseas not only builds a new pattern of coordinated development across the full industrial chain, but is also an important practice of international cooperation between state-owned and private enterprises in Hunan.
Stacked Advantages: Cooperation Focuses on Mineral Extraction and Park Infrastructure
Collaborative development of mining resources. The two sides will integrate Zhongxiang Overseas' policy support and risk control capabilities in mine investment with the scale effects of Jin'ang Group's mineral cluster, open up coordinated development across the full industrial chain, and advance in-depth cooperation in the African mineral sector.
Joint building of infrastructure and industrial parks. Relying on Zhongxiang Overseas' mature overseas project management experience and innovative technologies in engineering construction, the two sides will jointly expand mining area infrastructure projects and focus on advancing the benchmark China-Mozambique Mining Cooperation Demonstration Zone project. The park will become an important platform for industrial matchmaking and technology transfer between the two places.
The signing of this strategic agreement is not only a two-way journey between the two enterprises, but also demonstrates the determination of Hunan enterprises to go global in clusters and deepen international cooperation. In the future, the two sides will rely on policy support and market mechanisms to write a new chapter of win-win cooperation in African resource development, infrastructure construction and trade.
Li Kun, Deputy Party Secretary, Vice Chairman and General Manager of Zhongxiang Overseas; Tan Lin, Assistant to the General Manager and Director of the Strategic Development Department; Zhan Wei, General Manager of the Investment and Marketing Center; Wu Ming, General Manager of the International Trade Company; Tan Junjun, Deputy General Manager of the Investment and Marketing Center; and Xiong Shanshan, Co-President of Jin'ang Group; Song Yi, Assistant to the Chairman; Wu Nanting, Deputy General Manager; Luo Siyuan, Deputy General Manager; and Zhou Xiangjun, Manager of the Foreign Affairs Office, attended this strategic cooperation exchange meeting.
Jin'ang Group focuses on the African mining market, takes mineral resource development as its core business, and is an international enterprise dedicated to building full-industrial-chain capabilities including mineral clusters, investment and financing services, and overseas warehousing construction and operation. It is also a key enterprise in Hunan Province's economic and trade cooperation with Africa.
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