SMM News: the Shandong Gold Strategic Development Exchange meeting with the theme of "Review, gratitude, sharing, Peer" was held in Beijing on September 22nd. The meeting reviewed the achievements made by Shandong Gold since the 13th five-year Plan and looked forward to the strategic prospects of the 14th five-year Plan.
In his speech, Ling Wen, vice governor of the Shandong Provincial people's Government, fully affirmed the development achievements made by Shandong Gold since the 13th five-year Plan. He thanked people from all walks of life, especially investment institutions, for their long-term attention and support to Shandong Province and the provincial enterprises represented by Shandong Gold, and hoped to continue to increase investment and support and strengthen strategic cooperation in deeper and wider fields.
Tedawi, CEO of the World Gold Council, said in his speech that Shandong Gold persisted in developing green mining, fully fulfilled its social responsibilities, deepened cooperation with many large international mining enterprises, and continued to improve its degree of internationalization. The World Gold Council is willing to provide support and use expertise to promote the global development of Chinese enterprises.
Chen Yumin, party committee secretary and chairman of Shandong Gold Group, said in his speech that since the 13th five-year Plan, Shandong Gold has traveled day and night and struggled to catch up, achieving the goal of doubling the average annual income of employees two years ahead of schedule, and achieving the strategic goal of exceeding 100 billion yuan in market capitalization, exceeding expectations, and entering the top 10 in the world one year ahead of schedule. First, there has been a substantial increase in business performance. Second, the process of internationalization is fast and steady. Third, the operational capacity has been significantly enhanced. Fourth, the operation of capital has attracted much attention. Fifth, the release of innovation momentum is accelerated. Sixth, the cultural foundation is more solid.
Talking about the strategic vision of the 14th five-year Plan, Chen Yumin said: at the end of the 14th five-year Plan, the total profits reached 8 billion to 10 billion yuan; the output of mineral gold reached 80 tons, ranking among the top five gold mining enterprises in the world; and the resource reserves reached more than 3300 tons. continue to meet 40 years of production; per capita income reached 200000 yuan per year; operation and management, resource reserves, technological innovation, corporate culture and other leading enterprises in the world. He stressed that in order to ensure the re-creation of "Shandong gold" in the "14th five-year Plan". First, we should persist in comprehensively strengthening party building with higher standards, firmly grasp the general requirements of party building in the new era, and guide and promote the high-quality development of the group with high-quality party building. Second, we should persist in integrating into the world in a more open and inclusive manner, strengthen the integration of domestic mining resources, and promote the listing of listed companies in Toronto, Canada, London, England and other places. Third, we should persist in promoting project construction with greater efforts to build a world-class gold industry base. Fourth, we should persist in tackling the reform of state-owned enterprises at a faster pace, strive to promote and implement the reform of mixed ownership at the group level, establish and improve a market-oriented salary incentive mechanism, and win the battle for the reform of state-owned enterprises. Fifth, we should persist in rewarding the vast number of investors with higher returns and strive to double the market value to 200 billion yuan by the end of the 14th five-year Plan. Sixth, we should persist in stimulating the vitality of innovation with more effective measures, aim at the frontiers of science and technology in the world, attack key forces in areas such as deep exploration and mining, and intelligent mining technology, and promote the accurate docking of the innovation chain and the industrial chain. Seventh, we should persist in casting the soul of bacon with more unique culture and create a mechanism for the construction of corporate culture with a global leading level.
Liu Fanglai, a Chinese master of engineering survey and design, an expert from the National Science and Technology expert Pool and an expert from Shandong Gold think Tank, introduced the planning of Shandong Gold World-class Gold Base. Dai Pu, co-president of Roland Berger, president of Greater China and strategic consultant of Shandong Gold, introduced the strategic management of Shandong Gold. John Thornton, chairman of Barrick Gold, Chen Jinghe, chairman of Zijin Mining Group, and Richard Torre, managing director of Zijin Mining Group, spoke on the strategic development of Shandong gold. Lu political Commissar, Chief Economist of Industrial Bank, Director of Market Research, and Director of China Chief Economist Forum, and Zhang Yongtao, Vice President and Secretary General of China Gold Association, respectively analyzed the macroeconomic situation and the future development trend of gold, and spoke on the Shandong gold strategy.
At the meeting, Wang Lixin, general manager of the World Gold Council in China, announced the latest ranking of global gold-producing enterprises in 2019.
Barrick Gold, Zijin Mining Group and other gold mining enterprises, World Gold Association, Asian Financial Cooperation Association, China Enterprise Federation, China Mining Federation, China listed companies Association, China Top 100 listed companies Forum, China Gold Association and other industry associations, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications and other banking institutions, Credit Suisse, Goldman Sachs (Asia), Standard Chartered Bank, Bank of Montreal and other investment banking institutions attended the meeting.
