Kincaid leadership meets Wu Wenwen, Minister of Myanmar Natural Resources and Environmental Protection

On December 26, 2018, Myanmar’s Minister of Natural Resources and Environmental Protection, Wu Wenwen, met with Kincaid Industrial Group representatives Zhang Rui, Chairman, and Bai Yan, CEO, in Naypyida, Myanmar. Other attendees included Wang Haiyuan, Director of Quality Division and various personnels from the Ministry of Natural Resources and Environmental Protection.

Zhang Rui, Chairman of Kincaid Industrial Group, expressed excitement over the partnership with the Myanmar Ministry of Resources and Environmental Protection to ensure high quality investment in mineral resources and mineral rights and to promote economic and social development in Myanmar.

Kincaid leadership visits the Yunnan Nonferrous Metals Bureau for Research and Discussion

On December 25, 2018, Zhang Rui, Chairman, Bai Yan, CEO, and Ji Hongbo, Director of the Southwest visited the Yunnan Nonferrous Geology Bureau for research and discussion. Yin Liang, Deputy Director and Chief Engineer of Yunnan Nonferrous Metals Bureau, Director of the Bureau of Foreign Cooperation, and Deputy General Manager of Southwest Kunming Survey and Design (Institution) Co. were also present.

The Yunnan Nonferrous Metals Bureau was established in July 1953 and currently houses various programs such as geological, geophysical, geochemical, pit exploration, drilling, mining, mineral processing, laboratory testing, hydraulic ring evaluation, geological disaster management, surveying and mapping, and remote sensing. Equipped with a full range of professional technical team and advanced production equipment, the Bureau maintains expertise in engineering survey and design, geotechnical construction, environmental management, and soil and water conservation program preparation. It holds all kinds of A-level qualifications, seventeen B-level qualifications and nine C-level qualifications and is engaged in both domestic and foreign nonferrous development work.

Currently, the Bureau operates 76 science and technology projects and conducts risk prospecting and exploration in nickel, iron and gold for domestic and foreign enterprsies in Myanmar, Laos, Indonesia, the Phillipines and over 11 countries. In these regions, three large mineral reserves, three medium nickel deposits, three small iron deposit and 1 small gold deposit where the prospecting results show more than 5 million tons of nickel, 280,000 tons of cobalt, more than 500 million tons of iron ore.

A consensus was reached where the two sides will continue to communicate, leverage each other’s competitive advantage, and establish stable long-term strategic partnerships in Yunnan and Southeast Asia.

Kincaid leadership attends 2nd China AMC Development Forum

On December 1, 2018, Beijing Guorong Oriental Management Co., a subsidiary of Kincaid Industrial Group, and Zhejiang Zheshang Asset Management Co.,co-sponsored the 2nd China AMC Development Forum.

The event took place at the Shangri-La Hotel in Hangzhou China and attracted various top-notch institutions such as the National Development and Reform Commission, China Banking Regulatory Commission, China Orient Asset Management Co., China Great Wall Asset Management Co., China Huarong Management Co., Zhejiang Zheshang Asset Management Co., and many other companies and economists.

Zhang Rui, Chen Xiaorong and Bai Yan, Chairman, Vice President and CEO of Kincaid Industrial Group, attended the forum.

During the conference, round tables discussions were held around innovation, mission, social responsibility on both the current and future economic outlooks in the AMC industry.