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Recently, Jin'ang Group held talks with President Peng Jun and Vice President Qi Dong of the Tanzania Exploration Branch of the Henan No.2 Institute of Geology and Mineral Resources ('Tanzania Branch'), reaching important cooperation consensus on African mineral exploration and development.
'Technology + Resources' Advantages Complement Each Other in Jointly Expanding the Overseas Map
'Cooperation is not simply adding businesses together; it is about reconstructing value across the entire mining development chain.' Chairman Ke Xiangjin stressed during the talks that Jin'ang's African strategy needs the support of 'hard technology', and he spoke highly of the Henan No.2 Institute's professional strength in Africa. He noted that the institute's technical accumulation in geological exploration perfectly complements our industrial layout in Africa, and that Jin'ang is currently accelerating its African mineral strategy and looks forward to opening a new win-win situation through technical cooperation. The Group will build in depth a full-industrial-chain system covering exploration, extraction, warehousing, transport and trade.
President Peng Jun of the Tanzania Branch shared the institute's planning layout and development results in Africa: it has built a localized professional team of more than 120 people, forming a radiation network with Tanzania in East Africa and Guinea in West Africa as dual cores. He noted that East Africa has superior mineralization conditions and rich geological and mineral reserves, and that years of practical experience have enabled the team to understand the distribution of mineral resources in most areas, having long formed a complete technical loop from geophysical prospecting to mining. President Peng also mentioned that the enterprise advocates taking the path of industrial cooperation and cultivating an international trade industrial chain, realizing integrated development of overseas mineral resource exploration, mining, transport and trade.
Jin'ang Group Proposes for the First Time an Innovative Cooperation Model with State-Owned Enterprises to Advance Mineral Development and Trade at Full Speed
The two sides' development philosophies are highly aligned. Chairman Ke Xiangjin stressed the practice of the concept that 'the great way is simple, and action is what matters', and for the first time proposed an innovative cooperation model of 'strategic cooperation + project pilot + trade collaboration'. The first phase takes geological exploration in Tanzania as the breakthrough point, with the signing of a strategic agreement advanced in parallel; in the medium and long term it will deepen into mineral development, cross-border trade and other fields, and the team is required to draft the agreement as soon as possible to accelerate the cooperation process. President Peng Jun fully agreed and said that, in response to the challenges of operating in Tanzania's rainy season, the team will formulate a special rainy-season exploration plan to ensure round-the-clock technical support for Jin'ang's projects. Vice President Qi Dong offered suggestions and ideas at the technical level, which will enable our company to achieve real-time interactive exploration data and digital resource assessment.
An Innovative Model Leading Reform, Setting an Example for Overseas Cooperation Between Private and State-Owned Enterprises
As African mining development enters the fast lane, the new trinity cooperation model of 'technology + resources + capital' between Jin'ang Group and the Tanzania Branch is undoubtedly a forward-looking and innovative example of cooperation. With its rich mineral resource information and exploration data accumulated over many years in Tanzania and elsewhere, the Tanzania Branch provides Jin'ang Group with accurate and reliable resource leads and detailed geological data. Jin'ang Group, with its strong resource integration capability and market operation experience, rationally allocates and efficiently develops these high-quality resources to maximize utilization. This deep cooperation on resources enables the two sides to establish close ties at the very source of mining development, laying a solid foundation for subsequent industrial development. More importantly, this cooperation model is a reformative innovation that will provide a new template for Chinese enterprises' investment and cooperation in Africa, accelerate the upgrading and development of the African mining industry, and have far-reaching significance for safeguarding mineral product imports and deepening China-Africa industrial collaboration.
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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