To celebrate the 100th anniversary of the founding of the Communist Party of China, Department of Commerce of Zhejiang Province launched the short video contest "I See the Motherland in the World" in April this year. This contest collected about 100 short videos after two months, among which a number of outstanding models of foreign investment cooperation in Zhejiang were first selected. The theme videos of Zhejiang Huayou Cobalt Co., Ltd. investing in the Democratic Republic of the Congo in Africa and benefiting the local area were successfully selected. In late June, the contest will launch video voting activities via Zhejiang News APP and Zhejiang Daily's "Yongjinlou" WeChat Public Platform, and finally select "Top Ten Cases of Zhejiang Foreign Investment Cooperation Projects".
I am Shen Jianqing, the deputy general manager of Africa Management Headquarters of Huayou Cobalt. I joined Huayou in 2004 and has been working in the Democratic Republic of the Congo for 8 years since 2013.
CDM is the cradle of Huayou's African cause. Huayou upholds the resource strategy view of "controlling the ending unless the source is under control," scientifically studies the development trend of mining industry in the Democratic Republic of the Congo, and has invested more than 1 billion US dollars in CDM fire and wet process, Luiswishi and Rukuni mine development and concentrator, wet process plant, MIKAS wet process plant and other projects. Therefore, it has formed an industrial scale with an annual output of 100,000 tons of electro deposited copper, 21,400 tons of cobalt metal cobalt hydroxide and 1 million tons of sulfide ore beneficiation.
Rooted in China, Making Friends All over the World
"No matter where you invest, it shall contribute to the local economic and social development". This is Huayou's investment philosophy, as well as the direction of our action. Huayou initiated the construction of responsible cobalt supply chain in the industry, which provided a solution for the sustainable development of artisanal mining in the Democratic Republic of the Congo. Huayou has established a systematic management mechanism for public welfare, and discussed with the local government and the community to formulate a five-year plan and implemented it step by step, with an annual investment of about 1.1 million US dollars in public welfare undertakings. Huayou has built the solar wells for surrounding villages, and the infirmary in the factory. A series of measures have made such as providing employees with free commuting to and from work, carrying out regular home visits, and holding awards ceremonies for five-year and ten-year seniority, which all reflect the will to build a community of destiny with investment places, and all demonstrate its belief that "friends all over the world and root in China". For more than ten years, the company's localized management has been developed, worked quietly, and made great achievements for a long time, thus realizing the integration of corporate culture, and becoming a successful model for local Chinese-funded enterprises.
Facing the outbreak of COVID-19 pandemic in 2020, we immediately donated 150 thousand US dollars to help the local government carry out pandemic prevention, donated emergency air materials from China, and invested 170 thousand euros to buy a set of X-ray machine for MWENGEJI Comprehensive Demonstration Hospital in Kolwezi, which strongly supported the local government's pandemic prevention and control.
On August 5, 2020, we launched an international medical charter flight and transferred employees from the Democratic Republic of the Congo to return home for treatment.
co-construction and win-win
This year is the first year of Huayou's "14th Five-Year Plan". Under the guidance of "the Belt and Road Initiative", we will uphold the integration strategy of mining and metallurgy, follow the open cooperation concept of "co-construction and win-win", thus achieving high-quality development. Huayou is committed to promote the economic and social development of the Democratic Republic of the Congo and enhance the friendship between the Chinese and Congolese peoples, so as to keep development make achievements on the land of Africa.
