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Chinese metallurgy: Guo Wenqing meets Zhao Xiaochen, president of the GRINM group

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To witness the signing of the strategic cooperation agreement between China Minmetals Rare Earth Co., Ltd. and Grirem Advanced Materials Co., Ltd.

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On September 15, Guo Wenqing, general manager and deputy party group secretary of China Minmetals, and simultaneously chairman of MCC, met with Zhao Xiaochen, chairman and party group secretary of GRINM Group Corporation Limited (GRINM Group). The two sides had in-depth exchanges on strengthening their cooperation and jointly participated in the signing ceremony of the strategic cooperation agreement between China Minmetals Rare Earth Co., Ltd. and Grirem Advanced Materials Co., Ltd.

Guo Wenqing welcomed the visit of Zhao Xiaochen and his delegation, thanked GRINM Group for its strong long-term support to China Minmetals, and presented the development history of the two Fortune Global 500 enterprises and development achievements. carried out after the strategic restructuring. He pointed out that since the strategic restructuring of December 2015, China Minmetals has adhered to the goal of “ quadruple profit in three stages ” to continuously build and consolidate the business system of “ four beams and eight columns ” focused on metal mining, metallurgy. , trade and logistics, finance and real estate. These efforts have minimized operational risks during its development and encouraged the company to enter a new stage of high quality development. Currently, assets under China Minmetals reach 2.16 trillion RMB. In 2019, operating revenue topped RMB 600 billion, ranking 92nd among Fortune Global 500 companies. At present, China Minmetals is following important instructions and demands from Secretary General Xi Jinping to “ promote a new development paradigm with national circulation as a pillar and national and international circulation mutually reinforcing ”, and actively promote exchanges and cooperation with leading companies in the industry according to their own fields of activity .

Guo Wenqing mentioned that Secretary-General Xi Jinping’s important guidelines on the development of the rare earth industry have given a clear direction, which can also be treated as a fundamental direction for the green, healthy and sustainable development of the industry. Chinese rare earths. China Minmetals Rare Earth Co., Ltd. is one of six rare earth groups that have been registered with the Ministry of Industry and Information Technology. It owns leading international level in rare earth separation, environmental protection technology and product quality control level. In addition, it has formed a complete industrial chain integrating rare earth extraction, smelting separation and further processing by downstream factories. In addition, Grirem Advanced Materials Co., Ltd. possesses a strong scientific research force and advanced industrial technology, which has also made outstanding contributions in the construction, development and modernization of China’s rare earth industrial system. It is hoped that from the signing of a strategic cooperation agreement and the in-depth implementation of Secretary-General Xi Jinping’s important guidelines on the development of the rare earths industry, the two sides can promote a comprehensive, in-depth and mutually beneficial multi-domain approach. cooperation based on their respective advantages, by intensifying scientific and technological innovation and by accelerating the industrialization of technologies. In addition, by constantly increasing the technological level of rare earth mining and use, the two sides can jointly make new and larger contributions to the high-quality development of China’s rare earth industry.

Zhao Xiaochen thanked Guo Wenqing for his warm welcome and China Minmetals for its strong long term support to the GRINM group. He also expressed his gratitude for the achievements of China Minmetals after its strategic restructuring and presented the strategic positioning and basic situation of GRINM Group. Zhao Xiaochen said that in recent years, GRINM Group has firmly implemented the innovation strategy promoting high-quality development, focused on building an innovative system and a talent system, aimed at promoting the innovation of the platform and the whole company. GRINM Group and China Minmetals have a solid foundation for cooperation in rare earth industry technology, and have developed a deep friendship. Among them, China Minmetals has enormous strength in resource development, trade and logistics, industrial applications and finance; while GRINM Group has been engaged in the research and development of non-ferrous metal technology for years, showing leading advantages in the R&D of new materials, new processes, new equipment and other fields. We hope that Grirem Advanced Materials Co., Ltd. and China Minmetals Rare Earth Co., Ltd. can take this signing opportunity to further strengthen their cooperation vertically and horizontally and innovate in a new mode of cooperation based on instructions from the Secretary-General Xi Jinping on the development of rare earth industry, so that they can achieve mutual and win-win benefits, and promote the green and healthy development of the rare earth industry in China.

The two sides also discuss in depth other issues of common interest.

After the meeting, in testimony of Guo Wenqing and Zhao Xiaochen, Liu Leiyun, president of China Minmetals Rare Earth Co., Ltd. and Acting Secretary of the CPC Committee of China Minmetals Rare Earth Co., Ltd., and Yu Dunbo, General The manager of Grirem Advanced Materials Co., Ltd. as representatives of the two companies signed the strategic cooperation agreement. Dong Mingjun, director and deputy secretary of the main group of the Chinese party Minmetals, Jiao Jian, deputy general manager and member of the main group of the Chinese party Minmetals, Zhang Mengxing, chairman of MCC and deputy secretary of the party committee of MCC, Wang Chen and Zhou Qigang, deputy general manager of GRINM group and member of the party committee, and Huang Xiaowei, academician of Chinese Academy of Engineering and chief expert of GRINM group, attended the signing and attended the meeting. The signing ceremony was chaired by Jiao Jian.

Yao Guocheng, Xu Ran, Li Zhihui, Liu Yuzhu, Wen Jiankang, Zhang Xiangjun, Liu Ronghui and He Jinjiang, heads of relevant departments and affiliated companies of the GRINM group, as well as Zeng Gang, Liu Lijun, Zhang Shuqiang, Xing Yan, Xiong Xiaobing, Lu Zhifang and Qi Shuyong, heads of relevant departments at the headquarters and directly managed enterprises of China Minmetals, attended the meeting and the signing ceremony.

Guo Wenqing has a cordial conversation with Zhao Xiaochen

Meeting scene

Group photo from both sides

Scene from the signing ceremony

Group photo of the signature

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