Jin'ang Overseas Investment Signs with PowerChina Zhongnan Institute, Supporting Its African Mining Development

Hunan Jin'ang Overseas Investment Co., Ltd. is a professional overseas investment and operation company focusing on African mineral and energy investment, development, construction and operation, and supply chain sales. The company began its overseas layout in 2019, traveling to Zimbabwe, Mozambique and Tanzania for on-site research, and has now completed the mining rights for 172 square kilometers of lithium, copper and gold ore in Mozambique and 10 square kilometers of nickel ore in Tanzania, and will build the 'China-Mozambique Mineral and Energy Cooperation Demonstration Zone'.

To consolidate its development business, on September 12 our company signed a Strategic Cooperation Framework Agreement with PowerChina Zhongnan Engineering Corporation, and held a grand signing ceremony witnessed by leaders including Guo Ning, member of the Party Group and Deputy Director-General of the Hunan Provincial Department of Commerce; Wu Shuguang, Deputy Party Secretary and Vice President of the Hunan Council for the Promotion of International Trade; Di Lixun, Secretary of the Discipline Inspection Commission of PowerChina Zhongnan Engineering Corporation; Xiao Xiangdong, Deputy District Mayor of Yuhua District, Changsha; and Liu Yibiao, Party Secretary of the Free Trade Yuhua Party Working Committee and Director of the Administrative Committee.

At the signing ceremony, Jin'ang Overseas Investment Chairman Ke Xiangjin said: 'In the face of challenges, we are full of determination and confidence, and will build Jin'ang Overseas Investment into a new benchmark for Hunan-Africa economic and trade cooperation. We look forward to seeking every possible development opportunity together with Zhongnan Institute, continuously innovating cooperation models, and making greater contributions to realizing the beautiful blueprint of the “three highs and four new” strategy and writing the Hunan chapter of Chinese-style modernization.'

Guo Ning, member of the Party Group and Deputy Director-General of the Hunan Provincial Department of Commerce, spoke at the signing meeting and stressed: 'The China-Mozambique Cooperation Demonstration Zone project is not only a practical measure to promote the building of the Pilot Zone for In-depth China-Africa Economic and Trade Cooperation, but also a response to the call to help modernize the Global South through China-Africa modernization.'

This signing is both the starting point of cooperation between Jin'ang Overseas Investment and Zhongnan Institute and the clarion call for the two sides to jointly open a new era of Hunan-Africa economic and trade cooperation. It is also intended to thoroughly implement the important spirit of the Third Plenary Session of the 20th CPC Central Committee on the outlook on energy and resource security and on promoting domestic and international dual circulation. Looking ahead, we look forward to fighting side by side with Zhongnan Institute, jointly writing more brilliant chapters and contributing to the prosperity and development of the Chinese and African economies.

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