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Shandong Hi-speed Group Co., Ltd and Jinchuan Group Co., Ltd Sign Strategic Cooperation Agreement

2017-07-10

On July 9th, at the signing ceremony of the 23rd Lanhou Investment and Trade Fair, Shandong Hi-speed Group Co., Ltd. signed the Strategic Cooperation Framework Agreement with Jinchuan Group Co., Ltd. Sun Wei, Standing Member of Gansu Provincial Party Committee, Deputy Secretary, and Huang Qiang, Standing Member of Gansu Provincial Party Committee, Executive Deputy Governor and other provincial leaders attended the signing ceremony. Sun Liang, the President of the Shandong Hi-speed Group, and Wang Yongqian, the General Manager of Jinchuan Group, signed the contract on behalf of the both sides.

According to the agreement, the two sides will be committed to the establishment of a long-term, stable, mutual beneficial and win-win comprehensive strategic partnership, which will continuously enhance the depth and breadth of cooperation between the two sides and subordinate institutions. In the next step, the two sides will focus on active cooperation in the fields of enterprise finance, engineering construction, mineral resources development, equity and capital operation, and jointly expand the business.

Jinchuan Group is the world's leading mining, election and metallurgical supporting large-scale nonferrous metallurgical and chemical joint venture, is China's largest nickel, cobalt production base and platinum group metal refining center, is the world's third largest nickel producer and the second largest cobalt producer, is China's third largest copper production enterprise, ranked No. 63 in China's top 500 enterprises, No. 19 in China's top 500 manufacturing enterprises, and No. 42 in China's 100 largest multinational companies in 2016,and it is known as China's "City of Nickel ". In March 2017,Shandong High-speed Ring Bohai Investment Co., Ltd owned by Shandong Hi-speed Group Co., Ltd, participate in Jinchuan International Co., Ltd, which is the Hong Kong Main Board listed company of Jinchuan Group, , becaming the second largest shareholder of Jinchuan International and laying a solid foundation for strategic cooperation and common development of both sides. 

 

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