On March 30th, China Minmetals Corporation General Manager and Party Committee Deputy Secretary Guo Wenqing met Taikang Insurance Group President and CEO Chen Dongsheng. Both parties exchanged opinions on cooperation in the next stage. Group Chief Accountant and Party Member Shen Ling, and Taikang Insurance Group Executive Vice President and Taikang Pension President Li Yanhua attended the meeting.
Guo Wenqing welcomed the delegation of Chen Dongsheng and praised his social popularity and influence. He also spoke highly of the achievements brought by the cooperation of both parties. He then introduced the development process and strategic recombination of the China Minmetals Corporation and MCC Group, pointing out that following the strategic recombination of these two Fortune 500 firms, China Minmetals mainly shoulders the responsibility to ensure the safety of national metal mineral resources, while MCC devotes itself to becoming the ‘national team of metallurgical construction, the main force of capital construction and the pacesetter of emerging industries’. At present, the China Minmetals Corporation has total assets of RMB 750 billion and manages financial assets of RMB 800 billion. It also hires 240,000 employees, of whom more than 60,000 are engineering technical personnel. It ranks fourth for scientific innovation among state-owned enterprises and possesses 29 national-level scientific innovation platforms and national key laboratories, as well as more than 18,000 valid patents. As the impact and strength of the China Minmetals Corporation are further increasing, it has been authorized as a state-owned capital investment company in the metal mining industry by the State Council.
Guo Wenqing also pointed out that in the financial business, China Minmetals now holds all the licenses in the metal industry. Moreover, in the field of infrastructure construction, MCC possesses strong technological strength, construction capability and rich experience in the areas of theme parks, integrated pipe galleries, expressways, sponge cities, distinctive towns and the construction of beautiful villages. In the real estate sector, China Minmetals and MCC occupy two positions on the list of 16 state-owned enterprises centering on the real estate business, and this list has already been authorized by SASAC. The subordinates Minmetals Real Estate and the MCC Real Estate Group enjoy great popularity in the real estate industry. He looks forward to enhancing the cooperation of both parties in the financial business, infrastructure construction and the health and pension industry, thereby securing win-win results.
Chen Dongsheng expressed gratitude for Guo Wenqing’s warm reception and showed his appreciation for the glorious history of the China Minmetals Corporation and MCC Group. He also offered his congratulations for the achievements made by the China Minmetals Corporation in recent years. He then introduced the development history, development conditions in recent years and strengths of the Taikang Insurance Group, pointing out that as the fourth life insurance company in China and the leading manager of pensions, the Taikang Insurance Group will have total assets of RMB 1 trillion within the next 3 to 5 years, while focusing on investment in infrastructure, the capital market and the health and pension industry. Looking back over the history of cooperation between two parties, he pointed out that the Taikang Insurance Group is willing to sign a package of strategic cooperation agreements and cement collaboration in the fields of annuity fund management, the capital market, industry funds and the health and pension industry.
The meeting was attended by such related personnel of the Taikang Insurance Group as Ying Weiwei, Dai Haifeng, Yan Dapeng, Liu Yongxiao, Feng Anwei, Chen Bao, Gao Sumei, Yan Jin and Tian Wei, and such related personnel of the China Minmetals Corporation, MCC and financial companies as Zhang Mengxing, Ren Zhufeng, Zou Hongying, Lin Jinzhen, Liu Fuming, Chai Shan, Xu Zhongguo, Zheng Wei and Wang Hongbo.
Guo Wenqing and Chen Dongsheng talk with each other
Guo Wenqing and Chen Dongsheng take a group photo