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He Wenbo visits Minmetals (UK) for boosting employee morale

China Minmetals Corporation 2016-06-29

On June 24, Minmetals Chairman He Wenbo arrived in Britain during his visit to Europe. He inspected Minmetals (UK) and boosted employee morale and confidence. Minmetals Vice President Jiao Jian was also presented there.

On the same day, the result of the Brexit referendum was just released. The British stock market and the pound fell, and the stock markets, foreign exchange markets and the markets of commodities, energy and precious metals tumbled in many other countries/regions. At such a moment, He visited Minmetals (UK) and forged employee confidence for development.

After listening to the work report of Minmetals (UK), He fully affirmed the company’s role as a platform in providing financial service and trading support as well as its business operation service for the headquarters, and proposed requirements for its future development. He required that Minmetals (UK) should explore new business development path based on Minmetals’ s strategic layout; innovate business model by creating opportunities through own efforts; and adjust the overseas network, strengthen business collaboration, and run a good business of metal resources with the headquarters as the center. He emphasized that the business fundamentals for trade re-pioneering have changed, and efforts should be made centering around the market demand and customer demand, to explore new structure and new ideas for overseas business by using market power, overseas information and conditions.

Jiao proposed specific work requirements on Minmetals (UK) from four aspects of positioning, characteristics, planning, and team.

All employees of Minmetals (UK) responded that they will study and implement instructions of Chairman He and Vice President Jiao and push the work forward in a down-to-earth manner. First, to improve operational level and efficiency by taking advantage of London as the international financial center, base metals trading center, and the world's renminbi business center, so as to provide the best quality platform support and full-range services for the headquarters; second, to comprehensively promote the market-oriented operation opportunities with the help of Minmetals International Shanghai FTA Co., enhance business collaboration between platforms at home and abroad, promote the integration of market operations, and steadily push forward and innovate new business, management and operation models by use of different markets and local advantages.