News from This Website: The report of the 19th National Congress of the Communist Party of China pointed out that the new development ideas for the gold mining enterprises is to take “adjusting the structure, promoting transformation, and deepening the enterprise reform as the main line, so as to build a modern enterprise with structural optimization, resource conservation, environmental friendliness, green development and safe development”. As the only enterprise among 12 gold companies in China taking the “two-wheel drive” road of gold mines and comprehensive recycling of resources, how to implement the spiritual guidance of the 19th National Congress and realize the development and continuity of the pioneering expansion of gold mining enterprises is a necessary issue that requires us to think about. The practice of the past five years proves that in order to realize the scientific development of the new era, Chifeng Gold must firmly adhere to the five concepts of “innovation, coordination, green, openness, and sharing” and take the road of “two-wheel drive” for complementing each other and developing simultaneously.
Green Development is the Golden Concept
At the end of the last century, most of the production and operation of the gold mining industry lacked foresight. The goal of pursuing immediate economic benefits, coupled with the backwardness of technology and technology, the prevalence of destructive mining, caused great waste of resources and great damage to the surrounding environment.With the development of society and cognition, practitioners’ concepts began to change, and gradually realized that people and the environment should coordinate with each other in the process of development.
Since the 18th CPC National Congress, under the general situation of vigorously promoting the construction of ecological civilization throughout the Party and the whole country, the ecological civilization construction of the gold mining industry has begun to take off, environmentally friendly and economical production methods have gradually become the consensus in the industry. Chifeng Gold also follows the development of the industry. In the past five years, it has continuously carried out technological innovations, gradually eliminated outdated production processes, and implemented harmless treatment of tailing minerals. At the same time, the industrial chain has gradually extended to the comprehensive recycling and utilization of resources, and the “green development” model has begun to take shape.
General Secretary Xi Jinping clearly stated in the report of the 19th CPC National Congress that “we must adhere to the harmonious coexistence between man and nature, promote the formation of a new pattern of harmonious development of man and nature”, which are undoubtedly the future development path for the gold mining industry: with the goal of constructing a beautiful China, establishing a new resource ecological barrier and striving to build a green mining industry.
In the next five years, Chifeng Gold will be the forerunner of the concept of “extended the industrial upgrading and coordinated green development”. Guided by the spirit of the 19th CPC National Congress, we will continue to practice the concept of green development. In the field of gold mines, we will adjust the resource utilization structure through institutional and technological innovation, strengthen ecological construction, energy conservation and emission reduction, improve mechanisms for reducing energy consumption, and gradually realize gold green sustainable development of mining enterprises. In the field of resource recycling, through basic technological innovation, continuously expand production scale, gradually increase production capacity and total factor productivity. At the same time, we shall aim at the forefront of the industry’s science and technology, carry out forward-looking research, so as to build a leading enterprise in the field of new resource recycling with advanced technology, intensive, efficient and leading industry.
Technological Innovation is the Driving Force of Gold
Throughout history, the backwardness of modern gold mining enterprises is precisely because of the loss of the previous scientific and technological revolution at the national level. With the weak technology and enterprises, and even the country, we can do nothing but to guard the gold mine. At present, the domestic economic development has entered a new normal, and the traditional development momentum of gold mining enterprises has been weakening, and the extensive growth mode is difficult to sustain. Under the new normal, gold mining enterprises only through relying on innovation for creating new engines for development, fostering new economic growth points, and opening up new space for development can they achieve the “double goals” for enterprises to maintain medium-to-high-speed growth rate and the industry to the mid-to-high end level.
As early as five years ago, the 18th National Congress of the Communist Party of China put forward the strategy of implementing innovation-driven development, emphasizing that scientific and technological innovation is the strategic support for improving social productivity and overall national strength, and established national major development strategy of "based on the overall situation, facing the world, focusing on the key, driving the whole". In the past five years, the implementation of the innovation-driven development strategy has yielded fruitful results. Chifeng Gold has tasted the sweetness: the gold mine has upgraded the underground equipment and facilities, realizing the automation of the underground transportation system, ventilation system and safe hedging “six major” systems. It carried out scientific research projects with major domestic research institutions, which improved the output rates, saved costs, and created good economic benefits. Resource recycling enterprises play a major role,. A large number of scientific and technological achievements have been released by adhering to the deep integration of production, education and research, winning a number of national invention patents, and the recognition of industry associations and relevant departments at the provincial and ministerial levels.
The 19th National Congress of the Communist Party of China re-emphasized the theory that “innovation is the first driving force for development and the strategic support for building a modern economic system”. It clearly defines the strategy of promoting innovation and driving development, and reinforces the command of deepening supply-side reform and the improvement of efficiency through technological innovation, and continuously upgrades and optimizes production capacity. It can be said that innovation drive is not only a key option for supply-side reform, but also a driving force for traditional enterprises to transform into modern mining.
At present, domestic gold mining enterprises face several major problems such as insufficient resource reserves and increasingly stringent environmental protection policies. Facing the new internal and external environment, Chifeng Gold has no way to rely on but to find scientific and technological innovation as the strategic fulcrum to expand the prospecting space and promote mineral resources on the basis of studying the deep resource exploration theory and technical equipment, and take promotion of the save and efficient use of mineral resources as main task, so as to achieve comprehensive breakthroughs in resource expansion, mining technology, ecological environment and digital mines.
"Two-wheel Drive", a Gold Strategy
Building a modern economic system requires new development concepts, how to transform development methods in the new era, new environment, and new situation, so as to foster new growth points, form new kinetic energy, and finally achieve new steady and high-quality development ia a question requiring in-depth thinking for the entire gold mining industry.
As early as in 2012 when it was listed, Chifeng Gold made the “five-year plan” based on the national policy trend, industry development prospects and industry characteristics. The "Planning" has established a model that on the basis of traditional gold mining enterprises, which will gradually extend to the field of sustainable environmental protection enterprises, complementing each other and developing simultaneously. In 2013, Chifeng Gold successfully acquired Chenzhou Xiongfeng Environmental Protection Technology Co., Ltd., which reclaimed precious metals from waste slag. In 2015, Anhui Guangyuan Technology Development Co., Ltd. successfully acquired the home appliance dismantling and recycling industry, and achieved “two-wheel drive”, marching the first step in the development of leaps and bounds. In 2016, the second five-year development plan for Chifeng Gold was officially launched. In the next three years, Chifeng Gold will adjust its industrial structure and implement a long-term resource strategy in accordance with the business strategy of “metal mining initiating, green industry promotion and comprehensive operation improvement”.
In terms of gold mining enterprises, the focus will be on “expanding the exploration and mining fields, expanding the scale of mineral processing, optimizing tailings treatment, and building green and smart mines”. Based on the existing reserves, the company will increase capital investment and attach great importance on the exploration of the deep and marginal areas of the mining area and the optimization of prospecting work in the new area, optimizing mining balance, promoting resource potential so as to realize the efficient conversion of recoverable resources. Meanwhile, we will implement comprehensive development layout of mine intelligence and unmanned systems, continuously carry out technological innovation, and adopt green production processes and processing technology to achieve the initial construction of green mines.
In terms of resource recycling enterprises, we continue to rely on national industrial policies to strive for state support funds. While gradually increasing the proportion of market for rare metal decomposition and recycling and waste household appliances dismantling, we continue to broaden our business areas, continue to extend to affiliated areas, and accelerate enterprises' upgrading. Focusing on building brand effects in the development direction, improving corporate visibility, so as to move toward leading industries, provincial and municipal leading enterprises.
In terms of external mergers and acquisitions, we will increase capital market utilization and accelerate the pace of mergers and acquisitions. Mergers and acquisitions will give full concern on the precious metals mining, non-ferrous metals industry and project enterprises supported by countries with development potential and sufficient market share. Chifeng Gold will build a diversified and multi-faceted medium and large-scale enterprise around the above three major strengths. By 2020, it will realize a total industrial output value of 3 billion yuan and a profit of 800 million yuan.
The five-year period from the 18th National Congress of the Communist Party of China to the 19th National Congress of the Communist Party of China is a five-year period in which the national socialist modernization has achieved great historical achievements, and it is also the five years since Chifeng Gold was listed and developed.
The five-year period from the 19th to the 20th Party is the beginning of the new era of socialism with Chinese characteristics. It is also the five years that Chifeng Gold is about to achieve new development. In October 2017, with the convening of the 19th National Congress, Chifeng Gold’s subsidiary Xiongfeng Environmental Protection has completed a project that invested 530 million yuan and with the annual output of 130,000 tons; and the first phase of the project that Guangyuan Technology invested nearly 1 billion yuan and handled13.1 million units annually is nearing completion. The road ahead is not easy to march by, and only through hard working can we find gold.Under the guidance of the spirit of the 19th Party Congress, Chifeng Gold will not forget the initial heart, keep in mind the mission, forge ahead, and overcome difficulties, and strive to achieve the new era of green, innovative, and two-wheel drive all-round development at the key period of the convergence of the two hundred-year struggle goals.
