State-owned Assets Supervision and Administration Commission of the State Council

Xinhua Silk Road: Potash fertilizer project of Asia-potash International listed in Belt and Road case study

Retrieved on: 
Thursday, November 9, 2023

BEIJING, Nov. 9, 2023 /PRNewswire/ -- The potash fertilizer project of Asia-potash International Investment (Guangzhou) Co., Ltd. in Laos is listed in a book compiling 36 Belt and Road cooperation projects conducted by Chinese enterprises.

Key Points: 
  • BEIJING, Nov. 9, 2023 /PRNewswire/ -- The potash fertilizer project of Asia-potash International Investment (Guangzhou) Co., Ltd. in Laos is listed in a book compiling 36 Belt and Road cooperation projects conducted by Chinese enterprises.
  • Located in Khammuan province in central Laos, the potash fertilizer project enjoys advantageous location as it is adjacent to Highway 13, an important transportation artery that runs through Laos and connects Cambodia and Vietnam.
  • Asia-potash International kicked off the 1 million-tonne potash fertilizer re-construction and expansion project, the first of its kind in Laos in April of 2020, which was completed after 17 months.
  • The company also initiated a project of the Asia-Potash International Smart Industrial Park in 2022 including a potash fertilizer industrial park and a non-potash industrial park to help promote industrialization in Laos.

Xinhua Silk Road: Potash fertilizer project of Asia-potash International listed in Belt and Road case study

Retrieved on: 
Thursday, November 9, 2023

BEIJING, Nov. 9, 2023 /PRNewswire/ -- The potash fertilizer project of Asia-potash International Investment (Guangzhou) Co., Ltd. in Laos is listed in a book compiling 36 Belt and Road cooperation projects conducted by Chinese enterprises.

Key Points: 
  • BEIJING, Nov. 9, 2023 /PRNewswire/ -- The potash fertilizer project of Asia-potash International Investment (Guangzhou) Co., Ltd. in Laos is listed in a book compiling 36 Belt and Road cooperation projects conducted by Chinese enterprises.
  • Located in Khammuan province in central Laos, the potash fertilizer project enjoys advantageous location as it is adjacent to Highway 13, an important transportation artery that runs through Laos and connects Cambodia and Vietnam.
  • Asia-potash International kicked off the 1 million-tonne potash fertilizer re-construction and expansion project, the first of its kind in Laos in April of 2020, which was completed after 17 months.
  • The company also initiated a project of the Asia-Potash International Smart Industrial Park in 2022 including a potash fertilizer industrial park and a non-potash industrial park to help promote industrialization in Laos.

Act now! Experts urge firms to adopt ESG at IFF Annual Meeting

Retrieved on: 
Sunday, October 29, 2023

GUANGZHOU, China, Oct. 29, 2023 /PRNewswire/ -- Experts on Saturday urged corporations to adopt Environmental, Social and Governance (ESG) business practices to boost long-term growth and productivity.

Key Points: 
  • GUANGZHOU, China, Oct. 29, 2023 /PRNewswire/ -- Experts on Saturday urged corporations to adopt Environmental, Social and Governance (ESG) business practices to boost long-term growth and productivity.
  • Yvonne Kam, PwC China Technical Partner, thinks it is a matter of survival for companies to pursue ESG.
  • "It will be a big question whether your company could still operate if you don't adopt ESG," said Kam.
  • Director of the ISSB Beijing office Zhang Zhengwei said companies could do great things once they adopt ESG.

Act now! Experts urge firms to adopt ESG at IFF Annual Meeting

Retrieved on: 
Sunday, October 29, 2023

GUANGZHOU, China, Oct. 29, 2023 /PRNewswire/ -- Experts on Saturday urged corporations to adopt Environmental, Social and Governance (ESG) business practices to boost long-term growth and productivity.

Key Points: 
  • GUANGZHOU, China, Oct. 29, 2023 /PRNewswire/ -- Experts on Saturday urged corporations to adopt Environmental, Social and Governance (ESG) business practices to boost long-term growth and productivity.
  • Yvonne Kam, PwC China Technical Partner, thinks it is a matter of survival for companies to pursue ESG.
  • "It will be a big question whether your company could still operate if you don't adopt ESG," said Kam.
  • Director of the ISSB Beijing office Zhang Zhengwei said companies could do great things once they adopt ESG.

Hefei Hosts 2023 World Manufacturing Convention: Industry Titans Convene in Anhui

Retrieved on: 
Monday, September 25, 2023

HEFEI, China, Sept. 25, 2023 /PRNewswire/ -- The 2023 World Manufacturing Convention commenced on Sept 20 in Hefei, capital of China's Anhui province.

Key Points: 
  • HEFEI, China, Sept. 25, 2023 /PRNewswire/ -- The 2023 World Manufacturing Convention commenced on Sept 20 in Hefei, capital of China's Anhui province.
  • At the opening ceremony, organizers unveiled the "2023 China Top 500 Manufacturing Enterprises" list, spotlighting innovative technologies and products emerging from Anhui's manufacturing sector and gaining traction both on the home turf and the global stage.
  • Running from September 20 to 24 in Hefei, the 2023 Convention unfolds under the banner "Intelligent Manufacturing for a Better Future."
  • Since its launch in 2018, the World Manufacturing Convention has marked five successive years of industry influence.

Hefei Hosts 2023 World Manufacturing Convention: Industry Titans Convene in Anhui

Retrieved on: 
Monday, September 25, 2023

HEFEI, China, Sept. 25, 2023 /PRNewswire/ -- The 2023 World Manufacturing Convention commenced on Sept 20 in Hefei, capital of China's Anhui province.

Key Points: 
  • HEFEI, China, Sept. 25, 2023 /PRNewswire/ -- The 2023 World Manufacturing Convention commenced on Sept 20 in Hefei, capital of China's Anhui province.
  • At the opening ceremony, organizers unveiled the "2023 China Top 500 Manufacturing Enterprises" list, spotlighting innovative technologies and products emerging from Anhui's manufacturing sector and gaining traction both on the home turf and the global stage.
  • Running from September 20 to 24 in Hefei, the 2023 Convention unfolds under the banner "Intelligent Manufacturing for a Better Future."
  • Since its launch in 2018, the World Manufacturing Convention has marked five successive years of industry influence.

Uxin Announces RMB1.5 Billion Equity Investment in Its Hefei Subsidiary

Retrieved on: 
Wednesday, September 20, 2023

BEIJING, Sept. 20, 2023 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (Nasdaq: UXIN), China's leading used car retailer, today announced that it has entered into an equity investment agreement (the "Agreement") with Hefei Construction Investment North City Industrial Investment Co., Ltd. ("Hefei Construction Investment").

Key Points: 
  • BEIJING, Sept. 20, 2023 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (Nasdaq: UXIN), China's leading used car retailer, today announced that it has entered into an equity investment agreement (the "Agreement") with Hefei Construction Investment North City Industrial Investment Co., Ltd. ("Hefei Construction Investment").
  • Pursuant to the Agreement, Hefei Construction Investment has committed to invest up to RMB1.5 billion in Uxin's wholly-owned Hefei subsidiary, Youxin (Hefei) Automobile Intelligent Remanufacturing Co., Ltd. ("Uxin Hefei"), over the next decade in multiple instalments.
  • Following the completion of the investment, Hefei Construction Investment's equity ownership in Uxin Hefei will not exceed 50% (exclusive), and Uxin retains the right to repurchase such equity stake.
  • Hefei Construction Investment North City Industrial Investment Co., Ltd. was jointly funded by Hefei Lanke Investment Co., Ltd. and Hefei North City Construction Investment (Group) Co., Ltd. Hefei Lanke Investment Co., Ltd. is a wholly-owned subsidiary of Hefei City Construction Investment Holding (Group) Co., Ltd., which is an investment platform of the Hefei State-owned Assets Supervision and Administration Commission and manages assets exceeding RMB600 billion.

Zhao Dong Attends UNGC Board Meeting

Retrieved on: 
Monday, September 18, 2023

XIAMEN, China, Sept. 18, 2023 /PRNewswire/ -- On September 17 (GMT-5), during the UN General Assembly Week and SDG Summit, Zhao Dong, Chairman and Party Secretary of Xiamen Airlines, as the only Chinese board member of the United Nations Global Compact (UNGC), was invited to attend the UNGC board meeting to provide strategic and policy advice on behalf of the Chinese business community.

Key Points: 
  • XIAMEN, China, Sept. 18, 2023 /PRNewswire/ -- On September 17 (GMT-5), during the UN General Assembly Week and SDG Summit, Zhao Dong, Chairman and Party Secretary of Xiamen Airlines, as the only Chinese board member of the United Nations Global Compact (UNGC), was invited to attend the UNGC board meeting to provide strategic and policy advice on behalf of the Chinese business community.
  • The meeting was attended by the UN Secretary-General, Antonio Guterres, and presided over by the Assistant UN Secretary-General and CEO & Executive Director of UNGC, Sanda Ojiambo.
  • The board of UNGC is an important part of the UNGC governance structure.
  • In the future, Zhao will fulfill his responsibility as a UNGC board member, actively participate in UNGC affairs, and further unify the concepts of "Global Development Initiative" and "A Community of Shared Future for Mankind" with UNGC's "Sustainable Development Goals" and "Ten Principles", share China stories and speak up for Chinese enterprises.

Awards Ceremony of 5th BRI Short Video Competition Concluded in Chengdu

Retrieved on: 
Saturday, September 9, 2023

Beijing, China--(Newsfile Corp. - September 8, 2023) - The awards ceremony of the Fifth Belt and Road Initiative Short Video Competition was held in Chengdu, southwest China's Sichuan province, on Sept. 7.

Key Points: 
  • Beijing, China--(Newsfile Corp. - September 8, 2023) - The awards ceremony of the Fifth Belt and Road Initiative Short Video Competition was held in Chengdu, southwest China's Sichuan province, on Sept. 7.
  • Besides, 10 special awards were presented to eight enterprises and organizations for their long-term support for the competition.
  • Themed "Open Up a New Chapter Together through Connectivity," the Fifth BRI Short Video Competition included a global competition zone and five overseas regional competition zones.
  • The Fifth BRI Short Video Competition was co-hosted by the China Public Diplomacy Association, the Information Center of the State-owned Assets Supervision and Administration Commission of the State Council, and Global Times Online.

Fosun International Receives 11 Awards Including Most Honored Company 2023 from Institutional Investor

Retrieved on: 
Monday, June 26, 2023

Hong Kong, June 25, 2023 /PRNewswire/ -- Institutional Investor, an international authoritative financial media published the results of the 2023 Asia Executive Team survey on 21 June.

Key Points: 
  • Hong Kong, June 25, 2023 /PRNewswire/ -- Institutional Investor, an international authoritative financial media published the results of the 2023 Asia Executive Team survey on 21 June.
  • Fosun International (stock code: 00656.HK) received 11 awards including Most Honored Company for its outstanding industry leadership and remarkable achievements in investor relations, which was a significant improvement compared to last year.
  • On 8 June 2023, the 2023 Fosun International Investor Open Day was held in Shanghai.
  • The IR team of Fosun International has maintained frequent and high-quality communication with domestic and foreign investors for a long time.