Chen Wu, Chairman of Guangxi Zhuang Autonomous Region, and his entourages visited China Resources Group’s Hong Kong Headquarters. Group general manager Luo Xi met with guests from Guangxi and held friendly talks on deepening cooperation in multiple areas in the future. The two sides also attended the signing ceremony of cooperation projects.

General manager Luo Xi expressed warm welcome to Guangxi Chairman Chen Wu and his entourages on behalf of China Resources Group and Group Chairman Fu Yuning, and conveyed thanks to Guangxi Regional CPC Committee and Regional Government for their long term support for China Resources Group’s investment in the region. While introducing the Group’s investment and business operation in Guangxi, Luo emphasized that the Group investment covered vast areas with multiple projects whereby have risen frequent interactions: After donation and construction of China Resources’ first Hope Town in Baiseand construction of the circular economy model zone in Hezhou, CR Cement’s utilization of the cement kiln for city garbage processing has built up and been put to operation. The two sides have set up all round strategic partnership. According to China Resources Group’s 13th Five-Year Plan and industry layout planning, China Resources Group will continue to expand investment in Guangxi and make new contributions to Guangxi’s industry upgrading, opening up and social welfare, and hopes the Regional Government will continue to provide care and support.

On behalf of Guangxi Regional CPC secretary Peng Qinghua, Chairman Chen Wu expressed thanks to China Resources Group for its important contributions to Guangxi’s economic and social developments. He said, since the two sides signed strategic cooperation framework agreement in 2014, the cooperation projects has been effectively implemented. China Resources Group has become the number one Central SOE with the broadest investment sphere and investment scale in Guangxi. He highly affirmed the role Nanning MIXC has played in upgrading city lifestyle and China Resources Group’s impressive business achievements in Guangxi. Chairman Chen said as the economic development entered the new normal, Guangxi is speeding up its industrial transformation upgrading, championing the opening uplifting strategy and constructing a new setup for all round opening and development. He hoped China Resources Group could give full play to its technological and managerial advantages, continue to participate in Guangxi’s economic construction, and join hands in cooperation in power, circular economy and healthcare, and achieve better developments in Guangxi. Meanwhile, Guangxi will continue to provide good service for enterprises to develop in the regionto achieve win-win success.

After the meeting, CR Group general manager Luo Xi and Guangxi Chairman Chen Wu, along with other leaders, presided over the signing ceremony of “Project Cooperation Framework Agreement” between Guangxi Investment Group and CR Cement, and “Strategic Cooperation Agreement of Commercial Property Equity Investment Management Platform” between Naning Government and CR Land.

The event was also attended by Guangxi Zhuang Autonomous Region’s Vice Chairman Zhang Xiaoqin, secretary general of Guangxi Regional Government Mo Gongming, directors and heads of various Guangxi Regional government bureaus and departments, as well as China Resources Group’s deputy general manager Zhou Junqing, assistant general manager Zhou Longshan and representatives of General Office, CR Power, CR Land, CR Cement, CR Gas and CR Finance.