CMOC Participates in "Capital Market Forum" in China Mining Conference and Exhibition 2020
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- Time of issue:2020-11-20
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(Summary description)On October 22, China Mining Conference and Exhibition 2020 that was guided by Ministry of Natural Resources and Tianjin People' Government and hosted by China Mining Association was opened in Tianjin. Taking "Responsibility, Innovation and Governance" as its topic, the conference consists of opening ceremony, cloud negotiation, enterprise video broadcast, topic forum, special forum, national recommendation, project recommendation, online exhibition and other activities in the form combining "Online and Offline".
CMOC Participates in "Capital Market Forum" in China Mining Conference and Exhibition 2020
(Summary description)On October 22, China Mining Conference and Exhibition 2020 that was guided by Ministry of Natural Resources and Tianjin People' Government and hosted by China Mining Association was opened in Tianjin. Taking "Responsibility, Innovation and Governance" as its topic, the conference consists of opening ceremony, cloud negotiation, enterprise video broadcast, topic forum, special forum, national recommendation, project recommendation, online exhibition and other activities in the form combining "Online and Offline".
- Categories:Company News
- Author:
- Origin:
- Time of issue:2020-11-20
- Views:0
On October 22, China Mining Conference and Exhibition 2020 that was guided by Ministry of Natural Resources and Tianjin People' Government and hosted by China Mining Association was opened in Tianjin. Taking "Responsibility, Innovation and Governance" as its topic, the conference consists of opening ceremony, cloud negotiation, enterprise video broadcast, topic forum, special forum, national recommendation, project recommendation, online exhibition and other activities in the form combining "Online and Offline".
The conference invites very important domestic and oversea guests to give speech about "Financial investment, international mining cooperation and capital market" and other topics and fields. In the morning on October 23, Li Chaochun, CMOC Vice President and Chief Investor was invited to participate in "Capital Market Forum" and discussed with experts such as Cao Yuanzheng, President of BOCI and Former Chief Economist of Bank of China, Ba Shusong, Chief Economist of Hong Kong Exchanges and Clearing Limited, and Christopher Fix, Asia Pacific General Manager of Chicago Commodity Exchange about how to promote the mining industry.
Li Chaochun introduces CMOC development in recent years in the speech. CMOC was listed in Hong Kong H Shares and Shanghai A Shares in 2007 and 2012 respectively. Pushed by Cathay Fortune Corporation, the majority shareholder, CMOC has implemented a series of oversea merger and acquisition since 2013. With its business throughout Asia, Africa, South America, Australia and Europe, the company forms multi-resource product combination (molybdenum, tungsten, copper, cobalt, niobium, phosphorus and gold) and becomes the international resource company connecting ore production and industrial chain of mineral product trade.
Li Chaochun says the development history of international mining giant is the integration history and merger of high quality large mine lays a foundation for its position today. Mining industry is a quasi-financial and quasi-investment industry and support of the capital market is essential for CMOC development in recent years. Therefore, it highly reveres and respects the market. In this year, CMOC becomes the unique privately-owned mining enterprise with Class A information disclosure from Shanghai Stock Exchange three years in a row, which embodies good interaction between enterprise development and capital market. Li Chaochun says the capital market will give more full play to support mining risk exploration and industrial integration and merger, the capital market in China will expect further growth and future mining enterprises in China are able to have transnational merger in the form of share swap merge instead of cash acquisition.
In recent years, ESG becomes a trend in the mining industry and draws attention of the forum. Li Chaochun introduces in the guest interaction process that CMOC has established a set of complete sustainable development control frame earlier and CMOC has been awarded with MSCI ESG rating BBB three years in a row, ranking the first echelon in the international mining industry and leading domestic mining enterprises.
As an annual grand gathering in the mining industry, China Mining Conference and Exhibition 2020 provides a brand new exchange platform and all-round service for mining industry people, investors, technical service providers, equipment manufacturers and professional organizations, buyers and audiences in all aspects, aiming at hot spot issues faced by global mining industry under the new situation. There are about thousand of representatives from about 35 countries and regions in the conference and exhibition, over 300 online units in the exhibition and over ten thousands of online and offline participants and visitors.
Editor in charge: Party and Mass Work Department of Group
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