Chairman of Shandong Gold Group Joins Hong Kong Delegation on Visit to Central Asia
2026-06-08 16:47
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en.Wedoany.com Reported - From June 1 to 5, 2026, Zhang Xiaohai, Party Secretary and Chairman of Shandong Gold Group Co., Ltd., joined a business delegation led by Hong Kong SAR Chief Executive John Lee Ka-chiu on visits to Kazakhstan and Uzbekistan. The delegation attended multiple events including a meeting with the Deputy Prime Minister of Kazakhstan, an economic and trade investment roundtable forum, a meeting with the Prime Minister of Uzbekistan, and project promotion sessions. During the exchanges, Zhang Xiaohai stated that Shandong Gold Group will always regard Central Asia as a key strategic development region, and will carry out comprehensive and pragmatic cooperation with Central Asian countries in fields such as geological exploration, resource development, and deep processing.

Founded in 1996, Shandong Gold Group is a key provincial state-owned enterprise in Shandong Province, primarily engaged in gold and other non-ferrous metals, with a business covering the entire industrial chain of exploration, mining, beneficiation, smelting, and deep processing. In 2025, the Group entered the Fortune Global 500 for the first time (ranking 465th). Its gold production has ranked first in China for many consecutive years, with gold resources approaching 3,000 tons and total assets exceeding 240 billion yuan. The Group currently operates China's first underground mine with an annual gold output exceeding 10 tons, has four mines listed among "China's Top Ten Gold Mines," and holds ten gold mines with resources exceeding 100 tons each. Its business also extends to overseas countries including Argentina, Australia, and Ghana. During the exchanges, Zhang Xiaohai introduced that, looking toward the "15th Five-Year Plan" period, the Group is accelerating its transformation into a globally leading comprehensive mining group, striving to become a world-class enterprise.

Zhang Xiaohai also pointed out that Hong Kong, as a "super connector" and "super value-adder," serves as an important platform for mainland enterprises to connect with the international market. In the next step, Shandong Gold Group will support its subsidiaries in optimizing their layouts, investing, and developing businesses, helping Hong Kong accelerate the establishment of an international gold trading center. At the same time, leveraging Hong Kong's hub advantage in connecting global capital, the Group will participate in global mining development on a broader scale and at a deeper level, continuously enhancing its global resource allocation capabilities and operational management standards.

This business delegation consisted of 40 Hong Kong business representatives and 30 mainland enterprise representatives, covering multiple sectors including finance, innovative technology, energy, and mining. It is the largest, most populous, and most broadly representative overseas delegation of the current Hong Kong SAR government, and also the second time that representatives from Hong Kong and the mainland have jointly "gone global." During the visit, the delegation reached 96 cooperation agreements and memorandums, involving an amount exceeding 1.65 billion US dollars, covering fields such as economy and trade, finance, technology, and aviation. This visit has established a high-level platform for mainland mining enterprises to explore the Central Asian market. Given the abundant mineral resources in Central Asia, the deep involvement of Shandong Gold Group is expected to lead to substantive cooperation in the development of gold and other non-ferrous metal resources.

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