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Jinchuan Group signs 5 cooperation projects

Updated : March 20, 2023

On Mar 19, the Provincial Enterprise Industry Chain Investment Promotion and Product Promotion Conference was Held in Jiayuguan. As the leading enterprise in the nickel cobalt, copper, battery, and chlor-alkali chemical industry chains in Gansu province, Jinchuan Group signed 5 cooperation projects, including a 20,000 tons/year high-end PVDF resin industry chain project and new compound fertilizer supply chain cooperation agreement, with a total investment of 4.09 billion yuan (about $593 million).

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The Provincial Enterprise Industry Chain Investment Promotion and Product Promotion Conference in Jiayuguan [Photo provided to en.jnmc.com]

The conference was jointly held by the State-owned Assets Supervision and Administration Commission of the Gansu Provincial Government and Jiayuguan Municipal Government, with the aim of promoting the integrated development of local enterprises and contributing to the construction of a new modern Gansu. Li Shangyong, general manager of Jinchuan Group and deputy Party secretary of the CPC Jinchuan Group committee, gave a speech during the conference.

During the conference, a total of 90 cooperation agreements, with an investment of 21.41 billion yuan, were signed, covering the fields of industrial development, industry chain investment promotion, technological innovation, finance, engineering, supply chain and strategic cooperation.

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Signing ceremony of the Provincial Enterprise Industry Chain Investment Promotion and Product Promotion Conference in Jiayuguan [Photo provided to en.jnmc.com]

Jinchuan Group has been promoting the development of enterprise clusters and the integration of the industry chain and supply chain. In addition to improving the productivity scale, the company has accelerated the transformation of the nickel cobalt industry to new energy battery materials, the upgrading of its copper and precious metal industries into intensive processing, and the green development of the chemical industry. At the same time, Jinchuan has further optimized the battery industry chain, vigorously developed nickel and copper intensive processing and the new energy industry, accelerated the construction of the Jinchuan Private Economic Industrial Park, and strengthened the financing platform of Jinchuan's supply chain, in a bid to contribute to the construction of a modern industrial system and the high-quality development of the economy in Gansu province.

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