On the afternoon of December 14, Mr. Wang Wenbin, Managing Director of Investment Banking Department of China International Capital Corporation Limited (hereinafter referred to as “CICC”) led a delegation of four people visited our company and had an in-depth exchange on the establishment of cooperative relationship between the two parties. Mr. Wang Jinding, Chairman of Pengxin International Mining Co., Ltd. (hereinafter referred to as “Pengxin Mining”) and other relevant leadership offered them warm reception and accompanying.

At the symposium, Mr. Wang Jinding, Chairman of Pengxin Mining, extended a warm welcome to the arrival of General Manger Wang Wenbin and his delegation, and made a comprehensive introduction of the development history, industrial layout, comprehensive strength, and corporate culture of Pengxin Mining. Chairman Wang said that taking mining industry as the industrial core and foundation of the company, Pengxin Mining focuses on the development of copper, cobalt, gold and other metal resources, and boasts a number of high-quality assets such as Congo (Kinshasa) Shituru Copper Mine and CAMP in South Africa, and actively seeks to explore and develop high-quality mining resources in China. At the same time, we focus on cobalt, lithium, nickel, and other new materials, make use of diversified investment methods to select high-quality resources at home and abroad for industry layout, so as to further improve the asset structure and optimize the combination of stock assets and incremental assets. Pengxin Mining keeps on moving steadily and follows the development strategy of “dual-wheel driving” at home and abroad to realize the linkage of industries at home and abroad, and further consolidate the core competitiveness of the enterprise, and makes unremitting efforts to realize the vision of “becoming the leading global provider of integrated resources”. 

General Manager Wang Wenbin highly affirmed our industrial layout and development thought of our company, and then presented a detailed introduction to the enterprise profile, development achievements and management team of CICC. Mr. Wang said that as the first Sino-foreign joint venture investment bank in China, CICC boasts profound expertise and rich project experience in the field of investment and financing, combining with the strategic layout and development thought of Pengxin Mining, he hopes to give full play to CICC’s advantages in investment and financing industry to further reflect its unique value in the capital market for Pengxin Mining and help Pengxin Mining accelerate the pace in realizing its strategic goals. Both parties have conducted sufficient exchanges and discussions on capital operation, and look forward to conducting more exchanges and cooperation in various aspects in the future, and working together for a win-win cooperation.

The accompanying officers of CICC include Mr. Wu Di, Deputy General Manager of the Investment Banking Department of CICC, Senior Manager Mr. Han Baiyang, Manager Zhao Heran, and Mr. Chu Yuejiang, Executive Deputy General Manager of Pengxin Mining, Mr. Li Xuecai, Chief Financial Officer, Ms. Zhang Jin, Director of the Office of the Board of Directors, and Ms. Zhang Xueyu, Deputy Genreal Manager of the HR & Administration Department, attended the symposium.