Wang Tongzhou, Chairman of the holding company, met with Guo Guangchang, Chairman of Fosun Group
23 Jul 2018

On July 4, Wang Tongzhou, Chairman of the holding company, met with Guo Guangchang, Chairman of Fosun Group, in CNMC Building. The two sides had an in-depth exchange on topics of common interest and reached a broad consensus on enhanced cooperation. Zhang Lin, President of the company, also attended the reception.
 
During the talks, Chairman Guo Guangchang introduced that Fosun Group is rooted in China, based on industry, and deeply cultivating the development in health, happiness and prosperity fields. He also expressed his willingness to conduct in-depth discussions and extensive cooperation with CNMC to achieve common development.

Chairman Wang Tongzhou first welcomed the visit of Chairman Guo Guangchang and his delegation and introduced the reform and development of China Nonferrous Metals Group in recent years. He said that China Nonferrous Metal Mining Group is willing to carry out more extensive and closer cooperation with Fosun Group by highlighting their main business and focusing on professional fields, and they will work together for common development and mutual benefit.

Fosun Group was founded in 1992. In 2007, Fosun International was listed on the main board of the Hong Kong Stock Exchange. With a total asset of more than 350 billion yuan, Fosun Group has four leading industries, namely pharmaceuticals, real estate, steel and retail, covering strategic investment areas such as mining and finance. Fosun Group has invested in Fosun Pharmaceuticals, Forte, Yuyuan Inc., Jianlong Group, Nanjing Iron and Steel United Co., Ltd., Zhaojin Mining, Hainan Mining, Yongan Insurance, Focus Media, Pramerica Fosun Life, etc. It is one of the largest private enterprise groups in China.