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New-type industrialization contributes to world-class enterprise

Updated : February 20, 2024

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Jinchuan Group held its workers' congress at the beginning of February, 2024.

In 2023, Jinchuan Group produced 2.8 million tons of non-ferrous metals and deep-processed products, achieving revenue of 353 billion yuan ($49.07 billion) and an industrial output value of 253.1 billion yuan. This remarkable performance is the result of Jinchuan Group's unwavering commitment to facilitating its new-type industrialization.

Compared to traditional industrialization, which pursues industrial added value, the new-type industrialization has sets new requirements, such as informatization, digitization, servitization, intelligentization, and the better utilization of human resources.

Promoting new-type industrialization is the most crucial lever and practical carrier for comprehensive transformation and high-quality development for Jinchuan Group as it advances toward becoming a world-class enterprise.

This year, Jinchuan is expected to propel the restructuring and upgrading of its nickel, copper, cobalt, and chemical industries, and will accelerate the development of "intelligent transformation and digitalization" as well as the construction of smart mines.

At the same time, the company is going to expedite the cultivation and expansion of emerging industries, promote the transformation of nickel and cobalt towards power battery materials, and upgrade nickel-copper alloys and precious metals towards deep processing. A rich variety of projects will be set up in the fields of new energy, new materials, high-end equipment, electronic information, and the biomedical industry.

Furthermore, as technological innovation is the driving force for promoting new-type industrialization, Jinchuan will continue to increase investment in research and development and strive to build a team of leading professionals and scientific and technological talents in 2024, leveraging the core role of State-owned enterprises in the conversion of technological innovation achievements.

As the country's largest nickel-cobalt production base and platinum group metal refining center and the only Fortune Global 500 company in Gansu province, Jinchuan Group will further play the leading role as a flagship enterprise in driving domestic new-type industrialization.

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