In response to the request of the 19th National Congress “Cultivating a world-class enterprise with global competitivenessâ€, the 19th National Congress and China Minmetals General Manager Guo Wenqing said in an interview that China Minmetals will rely on the expanding global mineral resources allocation and independence. The superior ability of production, trade and trade integration has become the main force to protect the country's metal mineral resources. In addition, China Minmetals will also play a leading role in the core technology, continuous innovation and innovation capabilities and irreplaceable integration of the entire industry chain, and strive to become the world's first metallurgical engineering construction and operation services national team. The progress of the integration of the two central enterprises: 100 billion internal market targets completed nearly 70% In 2016, China Minmetals and China Metallurgical Group implemented a strategic restructuring, the two new world's top 500 integrated China Minmetals became a veritable global metal mining industry "aircraft carrier". Guo Wenqing said that the economic benefits of the restructured New China Minmetals have improved substantially. The total profit in the first half of the year has more than doubled year-on-year. The first three quarters have basically completed the annual operating budget, setting a record for the best level and realizing the preservation and appreciation of state-owned assets. . Several key tasks are also being promoted: First, the internal market construction of 100 billion yuan. The data shows that from 2011 to 2015, the actual transaction volume between the two companies of China Minmetals and China Metallurgical Group and the two companies was 125 billion yuan (RMB, the same below). Guo Wenqing said that New China Minmetals has taken the lead in the global metal mining industry to open up the entire industry chain from resource acquisition, design and construction, development and operation, smelting and processing to circulation services. The competitive advantage of the entire industry chain has been greatly enhanced, creating a domestic billion-dollar The market can reduce transaction costs, control risks, and improve efficiency. It is also an internal supply-side reform. At present, the amount of collaborative project contracts completed has been 67.75 billion yuan. Second, the effect of improving quality and efficiency is remarkable. At present, the total cost of iron ore concentrate in China Minmetals is 60 yuan lower than that of last year; the total cost of tungsten concentrate and the processing cost of cemented carbide products are also down 11% and 14% respectively. Third, the top-level design ideas of some businesses are further clarified. In the strategic emerging industries such as new energy, China Minmetals will fully integrate the existing nickel, cobalt and lithium resource advantages and technology research and development advantages in the field of high-end power lithium battery cathode materials, comprehensively deploy the battery new material industry, and seize the fourth for China. The high ground of the sub-technical revolution is fully prepared. Grasping the "One Belt, One Road" Opportunity and Innovation Going Out Mode Guo Wenqing said that the restructured China Minmetals will firmly grasp the opportunity period of the "Belt and Road" and focus on increasing the development of the "Belt and Road" overseas market. He revealed that up to now, China Minmetals has started operations in 27 countries along the “Belt and Roadâ€, setting up a total of 91 wholly-owned and holding companies, employing more than 13,000 employees. Guo Wenqing emphasized that China Minmetals, as the only state-owned capital investment company in the metal mining industry, will be the main force and the living force of the “One Belt, One Road†initiative. In the future, it will expand and strengthen its core business and continue to increase its copper industry along the line. Investment in high-quality mineral resources such as lead, zinc, nickel and cobalt, and vigorously promote the construction of metallurgical and urban infrastructure in the countries along the route. In addition, China Minmetals will innovate to go out of the model, based on major mining projects, with mining companies as the core, combined with mining, design, construction, equipment, finance and other mining upstream and downstream related enterprises to form a joint effort to go out; supported by mining projects, Pulling investment in infrastructure construction along the line; after the operation of the mining project, the animal transport and insurance companies will go out. Set the "three-step" goal to achieve "China's first, world-class" for the reform and development of the 19th National Congress, Guo Wenqing said that China Minmetals will play the role of investment platform, give play to the influence and driving force of key central enterprises. Leading the international competitiveness of China's metal minerals industry, leading the Chinese metal industry to the highest level in the world. "To this end, we propose that by the time we fully build a well-off society by 2020, we will simultaneously achieve the development goal of 'three steps and quadruple'," Guo Wenqing said. The first step is to be at the end of 2017, in 2016. On the basis of the realization of the doubling of profits, reaching 10 billion yuan. The second step is to achieve a profit of 20 billion yuan by the end of 2018, which will double again in 2017. It will completely return to the essence of management and fully possess the function of state-owned capital investment company. The third step is to 2020, China Minmetals Group strives to maintain the number one position in the world of tungsten, antimony, indium, antimony and antimony, and has strong influence in the international arena. Through a series of measures, we will achieve the goal of “China's first, world-class†China Metal Mining Group. (Article source: China News Network)
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