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Huayou Cobalt is selected as a “Belt and Road” Best Practice Case!

  • 2024-05-30

  • Page views:1891

Recently, China Listed Companies Association (CLCA) held the conference of “China Listed Companies Building ‘Belt and Road’ White Paper 2023” and the working meeting of Overseas Listed Companies Sub-Committee in Beijing. Relevant leaders from the International Department of the Securities and Futures Commission (SFC) and the Association of Listed Companies of China (ALCC) attended the meeting, and more than 200 representatives of more than 100 listed companies and financial institutions with high quality participation in the construction of the “Belt and Road” participated in the event. Huayou Cobalt was selected as one of the 100 best practice cases of listed companies in China in building “Belt and Road” in the past ten years, and as the only private enterprise to speak, Fang Qixue, Vice Chairman and Senior Vice President of Huayou Cobalt, made a speech on behalf of the company, entitled “Rooted in China, Befriends Worldwide, Playing a Greater Role and Demonstrating a Greater Role in the High-quality Co-construction of the Belt and Road”, sharing the practice and experience of the Company in building the Belt and Road with high quality and creating new opportunities for development and sharing new fruits.

▲Fang Qixue (third from right), Vice Chairman and Senior Vice President of the Group, received the award on behalf of the company.

Over the past 20 years, Huayou has actively responded to the national “Going abroad” strategy and the “Belt and Road” initiative, seized the development opportunity of building the “Belt and Road” with high quality, participated in global resource allocation, integrated into the global industrial division of labour, and joined the “Belt and Road” programme. We have participated in the global resource allocation, integrated into the global industrial division of labour, joined the global market competition, and built a transnational business pattern of overseas resources, domestic manufacturing and global market, becoming an important force in the global lithium materials industry.

In the process of open development, the company adheres to the sustainable development, localisation strategy, high level of cooperation and ESG practices, which are the key measures to promote the high-quality construction of the “Belt and Road”, practices the investment philosophy of “wherever we invest, we must contribute to the local economy and society”, focuses on community responsibility, builds a responsible supply chain system, and is committed to the sustainable development of its investments. By the end of 2023, Huayou had invested in a total of 30 projects, including 7 projects in African countries and 19 projects in Asian countries.

 

With the completion and commissioning of the overseas projects of “Belt and One”, Huayou will gain more “Belt and Road” high-quality construction results, and promote the company's high-quality development and build international competitiveness in “Belt and Road”. In the process of building the “Belt and Road” with high quality, the company will promote high-quality development and create a world-class enterprise with international competitiveness and global influence.

The selection demonstrates that the company's outstanding contribution in promoting the “Belt and Road” initiative has been recognised at the national level. As a responsible enterprise, Huayou Cobalt will continue to play an active role in the construction of “Belt and Road”, implement the globalisation strategy, make full use of the domestic and international markets and resources, and provide more valuable experience and resources to enterprises participating in the construction of “Belt and Road”, so as to create new development opportunities and share new development fruits with the countries.