27/02/2023

JCHX Held Work Conference for 2023

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JCHX 2023 Work Conference was held from January 13 to 15 where Mr. Wang Xinyu, president of JCHX Mining, delivered a work report titled Win the Battle in the Crucial Year and March Forward with Full Sprint to Achieve High-quality and Leapfrog Development.

Key works completed in 2022 were reviewed. Last year was an extraordinary year in the development history of JCHX. Facing multiple adverse impacts from volatile global commodity market and waves of COVID-19 pandemic, JCHX staff responded with tremendous tenacity in a cool head. Decisive progresses were made for resources investment, annual targets overfulfilled for mining projects, significant advancement attained for S&T Innovation, and new breakthroughs scored for equipment manufacturing. The year of 2022 witnessed further expansion in JCHX market share, major increases in outbound mining investment, accelerated growth in five business sectors, closer integration of Mining Management 4.0 with site management and expedited application of IT, marking a big step in the implementation of the 5th Five-year Development Plan.

It was also indicated in the report that decisive efforts should be made in 2023 to realize production inception as scheduled at invested mines, improve project management efficiency, strengthen technological support, expand the market share of trading, S&T innovation and equipment manufacturing business, and establish a guaranteed talents pooling mechanism.

Then Mr. Wang Qinghai, Chairman of JCHX Mining, gave an important speech titled Management from System to Implementation Rules. Mr. Wang defined management by implementation rules as “SOP + performance evaluation measures + person held responsible + timetable”, before successful cases from world-famous companies were introduced to reflect the advantages of such management method, he pointing out the necessity of designing rules according to company development status, market changes and customer requirements.

Mr. Wang Xiancheng, founder of JCHX and Chairman of JCHX Group, then made a speech titled Sail Out Again with the Original Aspiration After a 25-Year Glorious Exploration, reviewing JCHX’s development history.

Since its establishment on December 5, 1997, JCHX has gone through different stages from business start-up (1997-2000), preliminary growth (2001-2005, 1st Five-Year Period), systematic development (2006-2010, 2nd Five-Year Period) to reform-driven expansion (2011-2015, 3rd Five-Year Period), strategic transformation (2016-2020, 4th Five-Year Period) and strategic upgrading (2021-now, 5th Five-Year Period), with three key milestones, i.e. going overseas in 2000, IPO in 2015 and acquisition of Lonshi Copper Mine in 2021. Throughout those years, JCHX has always stayed committed to the mission of “Building JCHX a Century-Old Brand” and playing a leading role in designing, building and operating safe, green and smart mines.

Mr. Wang Xiancheng emphasized that in future JCHX will always remain true to the original aspiration and pursue technology-driven development and delicacy management. It is still a long way to go before becoming a century-old brand, though remarkable achievements were made so far. In the crucial year of 2023, continuous efforts should be made to fulfill the yearly targets, to guarantee the successful implementation of the 5th Five-year Plan and the Three-Step Development Strategy, and to lay a solid foundation for the realization of building century-old brand.

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