Chairman Zhang Lin traveled to Beijing to attend the signing ceremony for the establishment of “Sinochem Ecological Industry Investment Co., Ltd.” and to carry out a series of business activities.

Release time:

2022-08-03 14:08

Source:

From July 27 to 28, Chairman Zhang Lin traveled to Beijing to attend the signing ceremony for the establishment of “Sinochem Ecological Industry Investment Co., Ltd.” and to carry out a series of business activities. Vice General Manager Ma Xiaojuan, Chief Economist, and relevant colleagues from the Investment & Development Division, the Overseas Division, and Hongxin Chuanda Company accompanied him.

China National Chemical Ecological Industry Investment Co., Ltd. is a joint venture established through the joint investment of our company and China National Chemical Construction & Investment Group Co., Ltd. (a wholly-owned subsidiary of the state-owned enterprise China National Chemical Engineering Corporation). Specifically, China National Chemical Construction & Investment Group Co., Ltd. holds 51% of the joint venture’s shares, while our company holds 49%. China National Chemical Ecological Industry Investment Co., Ltd. will focus its investments on areas including regional ecological restoration, comprehensive utilization of solid waste, cultural and tourism development, smart health and wellness, infrastructure construction, and resource exploration and development. Through close cooperation between central and local enterprises, we will implement the spirit of Document No. 2 issued by the State Council, help our company achieve diversified and sustainable development, and support Guizhou Province in focusing on “four new” initiatives to drive “four modernizations.”

On the morning of July 27, Dai Hegeng, Secretary of the Party Committee and Chairman of China National Chemical Engineering Group, warmly received Chairman Zhang Lin and his delegation. He led them on a tour of the group’s exhibition hall, and the two sides then held an in-depth discussion and exchange. Both sides reached a broad consensus and expressed their intention to jointly promote the development of relevant markets in Guizhou, leveraging the respective resource endowments of their respective group companies.

On the afternoon of July 27, the founding ceremony for “Sinochem Ecological Industry Investment Co., Ltd.” was held at Sinochem Construction & Investment Group Co., Ltd. Chairman Zhang Lin and Zheng Jiang, Party Secretary and Chairman of Sinochem Construction & Investment Group Co., Ltd., signed the agreement on behalf of their respective sides. Chairman Zhang Lin stated that the establishment of “Sinochem Ecological Industry Investment Co., Ltd.” marks a milestone in the more than two-year-long cooperation between the two parties and also signifies a new starting point for their collaboration. Guided by the principle of win-win cooperation, he expressed hope that both sides would fully leverage their respective strengths in technology, capital, branding, and channels to make the joint venture’s business solid, refined, and robust, thus jointly creating a bright future. Chairman Zheng Jiang expressed his hope that both sides would fully tap into their respective resource endowments, strengthen business synergy, and actively promote project implementation. He further expressed his expectation that the joint venture will vigorously explore markets in areas such as ecological restoration, recycling of solid waste resources, and real-sector industries, establishing a foothold in Guizhou while radiating across the country, continuously enhancing its self-sustaining capabilities, achieving outstanding results, and realizing high-quality development.

On July 28, accompanied by Chen Jianjun, Deputy General Manager of China National Chemical Construction Investment Group Co., Ltd., Chairman Zhang Lin and his delegation held a symposium and exchange on the company’s hydrogen energy development and utilization, and visited the China National Chemical’s Fangshan Waste-to-Hydrogen Project. Chairman Zhang Lin stated that the two sides possess inherent complementary advantages in the development and utilization of hydrogen energy, and expressed his hope to further deepen their cooperation in this area in the next phase.

On the afternoon of July 28, Chairman Zhang Lin and his delegation held a symposium and exchange with Deng Zhaojing, Director of China National Chemical Corporation Science and Technology Research Institute Co., Ltd., focusing on the comprehensive utilization of bulk solid waste in Guizhou Province. They jointly discussed the directions and application scenarios for the comprehensive utilization of solid waste.

Deputy General Manager and Chief Economist Ma Xiaojuan led a team to hold discussions and exchanges with Gao Zhan, General Manager of Universal Technology Group International Holdings Co., Ltd., and Zhao Zhengxiang, Deputy General Manager of China National Machinery Industry Corporation (SINOMACH), focusing on international project consulting, investment, and other related areas. They exchanged views on development strategies for overseas projects and proposed strengthening cooperation in sectors such as rail transit, green energy, smart parking lots, industrial park development, and investment promotion.