After many previous inspections and in-depth communication, China National Gold Group Investment Co., Ltd. decided to invest in the construction of an annual output of 100,000 tons of medium and high carbon graphite and 10,000 tons of high-purity graphite and construction of flexible graphite, lithium battery anode and high in Xinrong District, Datong City, Shanxi Province. High value-added graphite deep processing project such as pure micronized graphite. On the evening of April 13, the two parties signed a strategic cooperation agreement at Holiday Inn Datong VIP Building. Mayor Yan Yanbo, member of the Standing Committee of the Municipal Party Committee and deputy mayor Wang Kejian, member of the Standing Committee of the Municipal Party Committee and Minister of United Front Yao Sheng attended the signing ceremony. Zhang Hua, chairman of China National Gold Group Investment Co., Ltd., attended the signing ceremony. Xinrong District of Datong City is rich in graphite resources and has the largest graphite deposit belt in our province. Graphite ore has the characteristics of low ore grade and large graphite scales. The Xinrong District Committee and the district government have extensive contacts and discussions with China National Gold Group Investment Co., Ltd., which is known for mining, processing and sales, scientific research and development, etc., and invested in the construction of graphite development and deep processing projects. It is understood that the total investment of the project is 2.5 billion yuan, of which the first phase investment is 500 million yuan. The construction period is two years, mainly for graphite beneficiation purification and high-purity graphite purification equipment selection. The second phase investment is 2 billion yuan, and the construction period is two to three years, which is deep processing of graphite. Before the signing ceremony, Yan Yanbo, Wang Kejian, and Yao Life met with Zhang Hua and his party. Yan Yanbo introduced the economic and social development of Datong City during the meeting. He said that at present, Datong City is based on the big goal of transformation and development across the board, recruiting large businessmen and attracting large sums of money, and first try first in the comprehensive reform experiment, and strive to take a new path in transformation and development. Xinrong District is rich in graphite resources, and industrial development is in its infancy. China Gold Group Investment Co., Ltd. has a high level of scientific and technological research and development, strong financial strength and high technical level. It has successful experience in the development and utilization of mineral resources. This cooperation with Xinrong District will certainly provide solid industrial support for the district. Yan Yanbo hopes that China Gold Investment Co., Ltd. will continue to pay attention to Datong City in the future and achieve mutual benefit and win-win cooperation through multi-level and multi-field cooperation. During the meeting, Zhang Hua expressed gratitude to Datong City and Xinrong District for their attention and support for project cooperation. He said that graphite has become an indispensable non-metallic material for the development of high-tech technology today, and its development and deep processing prospects are broad. China Gold Investment Co., Ltd. will not be responsible for this project, and will make a due contribution to serving the regional economic development. At the signing ceremony, Wang Kejian expressed his congratulations on the smooth landing of the project on behalf of Datong City. He hoped that the relevant departments of Datong City and Xinrong District will further create an excellent development environment and provide all-round high-quality services for project construction. At the same time, it is hoped that China Gold Investment Corporation will comprehensively promote the project construction process, ensure the early implementation of production efficiency, and make positive contributions to the economic construction of the district and city.
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