Wang Tongzhou, Chairman of the Holding Company Met with Zambian Ambassador to China

23 Jul 2018

On July 13, 2018, Wang Tongzhou, Chairman and General Manager of the holding company, met with Ms. Winnie Chibexaconda, the visiting Zambian ambassador to China, at the CNMC building. The two sides had an in-depth exchange on topics of common interest and reached a broad consensus. Tao Xinghu, Chairman of Board of Directors of the company, attended the reception.

During the talks, Chairman Wang Tongzhou expressed his welcome to Ambassador Chibexaconda and her delegation. He also expressed his gratitude to the Zambian Embassy in China for its long-term assistance and support to China Nonferrous Metal Mining (Group) Co., Ltd. He pointed out that since the establishment of diplomatic relations between China and Zambia in 1964, the friendly cooperation between the two countries has been continuously strengthened. Especially in recent years, frequent exchanges of high-level visits between the two countries have further consolidated and deepened the traditional friendship between China and Zambia. The company’s investment and development in Zambia has been supported by presidents and government of Zambia. Chairman Wang Tongzhou pointed out that the company has gradually formed an industrial cluster of mining, selection and smelting and developed into the largest Chinese-funded enterprise in Zambia after 20 years of hard work in Zambia. The investment and construction of the Zambia China Economic and Trade Cooperation Zone has provided a platform to further attract all parties to invest in Zambia, and that has been highly appreciated by the leaders of China and Zambia. He emphasized that the holding company cherishes the friendship of the past and is full of confidence and determination for the future. With the support of the Zambian government and the Zambian embassy in China, the holding company unswervingly expands and deepens the investment cooperation in Zambia, makes new contributions to Zambia's economic and social development and the improvement of people's living standards, makes progress for common development with the Zambian people. We wish that the friendship between China and Zambia will last forever.

Ambassador Chibexaconda thanked Chairman Wang Tongzhou for his warm reception. She pointed out that the company's investment and development in Zambia has made great contributions to the economic development of Zambia and the improvement of people's living standards. In 2009, the holding company acquired Luanshya copper mines at the outbreak of the international financial crisis, resumed mine operations in a short period of time, and brought life to Luanshya copper mines. The Zambia China Economic and Trade Cooperation Zone invested and managed by the company has helped Zambia successfully attract more Chinese companies to invest in Zambia. It has become an important platform for cooperation between China and Zambia and a flagship project for China-Africa cooperation. Ambassador Chibexaconda pointed out that the investment by the company has brought a lot of employment opportunities to Zambia and contributed positively to Zambia's economic development and social stability. No matter how complicated the international situation is, the company will always stand firmly with the Zambian government and people to overcome the difficulties. The holding company is the best practitioner of the all-weather friendship between China and Zambia.

The Zambian Embassy in China will fully support the holding company's investment and development in Zambia, and it hopes that the company will continue to increase investment in Zambia and make more contributions to Zambia's economic and social development, technological progress and people's well-being.