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[News] Holding hands with Africa Huaian Town Huai Group successfully held the inauguration ceremony of China-Africa Investment and Development Co., LTD
2024-05-13
Holding hands with Africa Huaian Town Huai Group successfully held the inauguration ceremony of China-Africa Investment and Development Co., LTD

China and Africa are moving forward hand in hand. On the morning of May 10, 2024, Zhenhuai Group solemnly held the inauguration ceremony of China-Africa Investment and Development Co., LTD. Senegalese Ambassador to China Ibrachima Sori Sira and his wife Mami Diopu, former Chinese Ambassador to Argentina Xu Yicong, Chairman of the Federation of China-Africa Friendship Associations Asan Mubange, local government leaders, Chairman of Future Capital Senegal Sulaiman Mubange, Chairman of Zhenhuai Group Li Zhaobin, Deputy Director of Huaian City Commerce Bureau Liu Min, Ma Wei, Chief Engineer of Huaian City Housing and Construction Bureau, Xia Chenyang, Deputy Director of the third business Division of CITIC Jiangsu Branch, Xie Honghui, Vice President of China Construction Bank Huaian Branch, Zhou Jun, Vice president of Bank of China Huaian Branch and other leading guests attended the ceremony. Also present at the ceremony were the leaders of Huaian City and District two-level commercial Bureau, Housing Bureau, Construction Bank, Bank of China, Zhongtai Securities, Xinmin Evening News and other departments and units, and all the cadres and staff of the headquarters of Zhenhuai Group.
The ceremony was presided over by Ji Guijin, general manager of Zhenhuai Group.

Li Zhaobin, chairman of Zhenhuai Group, gave a welcome speech to the international friends, leaders and guests who attended the ceremony. In his speech, the chairman reviewed the development history and achievements of the company, and introduced that China-Africa Investment and Development Co., Ltd. is a Sino-African joint venture jointly owned by Zhenhuai Group, NATIC Senegal Company and Future Capital Senegal Company.
In his speech, the chairman pointed out that the establishment of China-Africa Investment and Development Co., Ltd. is not only the group's implementation of general contracting of projects as the main body, to do better and stronger main business; With investment development and international trade as the main direction, the "One body and two wings" strategy is a major measure to expand and extend to the high-end areas of the value chain. It is also a new platform for China and Africa to give full play to their respective advantages and create import and export trade between China and Africa. The chairman put forward general opinions on the future direction and mode of operation of China-Africa Investment and Development Co., LTD. : The business direction mainly includes industrial production, construction contracting, transportation, machinery and electronics, communications, chemical industry, light industry and textile, real estate, new energy, finance and insurance, service industry and other fields and industries, and integrate into the capital market to achieve "industry + capital, industry + finance" two legs. The specific operation mode should be strictly in accordance with the company's business purpose and business philosophy, give full play to the industrial advantages and location advantages of the two sides, further optimize the concentration and allocation of resources, concentrate strength, accelerate the cooperation and development of the two sides, and strive to plant a "test field" of China-Africa economic and trade cooperation: first, build a high-quality team, actively do market research, understand market information, and strengthen information exchange. The second is to unite more entrepreneurs to join in, make the cake of cooperation bigger, so that the development results benefit more enterprises. By holding commodity fairs, fairs, fairs, and ordering meetings with Chinese characteristics and Huaian characteristics, suitable for the demand and consumption level of the African market, we can grasp the market dynamics and strive for multiple varieties and large quantities of spot or futures trading orders. Third, gradually improve the scale and grade of export commodities, use reasonable channels, cultivate commodity markets, establish the brand image of enterprises and products, and strive to promote the export of mechanical and electrical products, complete sets of equipment and high-tech products to Africa.
In his speech, the chairman quoted an old Chinese saying, "If you are not alone, there is always a neighbor; It is hoped that more departments, enterprises and financial institutions will join in the integration, jointly build a platform for exchange and cooperation with Africa, stimulate the vitality of business entities, gather better resources, form greater synergy, strengthen China-Africa cooperation in the production and supply chain, build a China-Africa economic and trade project database, constantly create a broader market space, and build a high-quality China-Africa economic and trade cooperation "demonstration new highland". It is believed that with the joint efforts of all parties involved, the attention and concern of the government, and the strong support of friends from all walks of life, China-Africa economic and trade cooperation will surely achieve new and greater development and have a bright future.
At the ceremony, foreign dignitaries and government leaders jointly unveiled the nameplate of China-Africa Investment and Development Company Limited.

After the unveiling, Senegal's Ambassador to China Ibrahima Sori Scira delivered a speech at the ceremony. In his speech, he congratulated on the official establishment of China-Africa Investment and Development Company Limited, and thanked and paid tribute to the local leaders of Huaian for their support in promoting China-Africa economic and trade cooperation. His speech expressed a wish that as China-Africa relations continue to warm up, the prospects of China-Africa economic and trade cooperation will be increasingly broad. The establishment of China-Africa Investment and Development Company Limited is to make good use of each other's favorable resources, further expand economic and trade exchanges with China's Huaian region, and promote the continuous development of China-Africa friendly relations.
The establishment of China-Africa Investment and Development Co., Ltd. is a "testing ground" for the partners to accelerate the development of new quality productive forces and strengthen the development of new drivers in cultivating new industries, opening up new tracks and building new models.

Group general manager Ji Guijin made a final summary at the ceremony site, he said: There is an old Chinese saying that "a single thread does not make a line, a single tree does not make a forest." Jizong warmly welcomes more people of insight and entrepreneurs to join in, driven by the concept of "government support, enterprise alliance, platform management, and market operation", and ultimately achieve win-win cooperation and mutual benefit.

