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Guo Wenqing Meets with Marcin Chludziński, President of KGHM via Video Link


2021-07-09
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On the afternoon of July 7 Beijing time, Mr. Guo Wenqing, China Minmetals’ President and MCC Chairman, and Mr. Marcin Chludziński, President of Kombinat Górniczo-Hutniczy Miedzi (KGHM), held a video conference for in-depth exchanges on strengthening cooperation.

Mr. Guo introduced China Minmetals’ achievements in recent years and plans for the future. After the strategic reorganization, China Minmetals and MCC, the two Fortune 500 companies, became China’s first key state-owned enterprise to achieve a full industrial chain layout in metal mining, said Mr. Guo. He also pointed out that since the strategic restructuring, under the guidance of the strategic goal "quadrupling in three steps", China Minmetals was working hard to move toward a new stage of high-quality development by committing to the building of metal mining, metallurgical development, trade and logistics, finance, and the real estate, and consolidating the business system featured by "four beams and eight columns". Against the adversity of the COVID-19 pandemic, China Minmetals achieved a performance increase and a satisfactory completion of the 13th Five-Year Plan. In the first half of this year, toward the goal of “generating revenue of over RMB 1 trillion and doubling profit”, China Minmetals grasped the good opportunities in the mining market and achieved record high operating income and total profit compared with the same period in previous years. All of these showed that it had an unprecedented strong development momentum and made a brilliant start for the 14th Five-Year Plan.

Mr. Guo congratulated KGHM on its 60th anniversary. He also reviewed the long history of friendly cooperation between the two sides and raised suggestions for future cooperation. He noted that since signing a purchase and sale agreement of electrolytic copper in 1997, China Minmetals and KGHM had adhered to mutual benefit and trust, continued to promote wider and higher cooperation, and together grown into an indispensable force in the global arena of metal and mineral. He also emphasized that the two sides had played an important role in promoting cultural exchanges between China and Poland. China Minmetals adheres to the development principle that focuses on extensive development, major projects, and key large customers. It is hoped that both sides will further leverage their advantages to increase cooperation in resource development, metallurgical processing, infrastructure construction, trade and logistics, investment and financing. It is also hoped that both sides will innovate cooperation models, expand cooperation areas, and deepen cooperation levels. In this way, the two sides will jointly open a new chapter of friendly cooperation between Chinese and Polish companies and contribute their wisdom and strength to the building of closer economic and trade relations and comprehensive strategic partnerships between the two nations.

Mr. Chludziński expressed his appreciation to China Minmetals for congratulating KGHM on its 60th anniversary. He introduced KGHM’s recent operations and future development directions and reviewed the history of friendly cooperation between the two sides. He said that in 2020, in the face of the impact of the COVID-19 pandemic, KGHM achieved an unexpected increase in operating performance through joint efforts and active response. KGHM firmly believes that “the future is in copper”, so KGHM will pursue greater development and breakthroughs in mining development, resource regeneration, intelligent automation, and technological innovation. KGHM values the business cooperation with China Minmetals. The two sides have established a deep friendship of sincere and mutual trust in the long-lasting and stable business cooperation. Since KGHM strongly agrees with President Guo’s cooperation proposal, Mr. Chludziński hoped that the two sides would further strengthen communication and coordination, comprehensively deepen cooperation, learn from and support each other, so as to make greater contributions to promoting economic and trade cooperation and cultural exchanges between China and Poland.

In the talks, the two sided decided on the coordinators for cooperation and exchanged views on issues of mutual concern.

China Minmetals’ Vice President Jiao Jian, KGHM’s Vice President Pawe? Gruza, and Vice President Andrzej Kensbok attended the video conference. Other participants in the meeting included Yuanna Petrasik, Pete Durah, Yezhe Paruchnek, and Kamil Yarkowski from KGHM, as well as leaders of China Minmetals' head offices, directly-managed enterprises and affiliated enterprises including Xue Fei, Xing Yan, Xu Jiqing, Zhang Shouxun, Zhao Jing, Li Zhicong, Zhu Lina, Yang Liang, and Wang Xu.

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