China Orient Asset and Shengda Group Reach Consensus on Mineral Resources Cooperation
2026-06-18 13:56
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en.Wedoany.com Reported - The Beijing Branch of China Orient Asset Management Corporation and Shengda Group have reached a consensus on deepening mineral resource expansion. On June 17, 2026, Wu Jiang, General Manager of the Beijing Branch of China Orient Asset, led a team to visit Shengda Tower in Beijing, where they held a cooperation meeting with Zhao Mantang, Chairman of Shengda Group, and Zhao Qing, Chairman of Shengda Resources. Senior Manager Hu Wenjie of the Beijing Branch of China Orient Asset, along with management teams from both sides, participated in the meeting.

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During the symposium, Wu Jiang introduced the development history and core business layout of China Orient Asset. He stated that as one of the four major AMC central financial state-owned enterprises, China Orient Asset holds a comprehensive set of financial licenses and has significantly increased its investment in sectors such as photovoltaics, energy, mineral resources, and high-tech in recent years. Orient Asset is willing to engage in business cooperation with Shengda Group in the mineral resources sector, leveraging its own advantages to achieve resource integration and complementary strengths.

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Zhao Mantang welcomed Wu Jiang and his delegation and expressed gratitude for their long-standing support. He introduced the industrial structure and strategic vision of Shengda Group, expressing a willingness to use this meeting as an opportunity to promote deeper strategic cooperation in areas such as resource acquisition and equity collaboration.

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Zhao Qing, Chairman of Shengda Resources, provided an overview of the company's development. He mentioned that Shengda Resources has always focused on the non-ferrous metal mining industry, adhering to a strategic layout of "Silver as the flagship, gold and copper as dual wings, complementary advantages, and coordinated development." The company owns multiple mines in production, mines about to commence production, and mines under construction, with abundant resource reserves and sustained performance growth. The company will continue to tap into resource potential, seize industry opportunities, and achieve high-quality development.

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Both parties reached a high degree of consensus on the concept of high-quality development and agreed that the potential for cooperation is vast. They will continue to strengthen communication and coordination, advance in-depth strategic cooperation, and work together to create a new situation of mutual benefit and win-win outcomes.

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