2024 is the first full year after the formation of the new SOHO. In order to implement various developmental requirements made by provincial party committee and provincial government to the SOHO , considering the business layout of JSFT, the leading team went to different parts of country to do research and negotiation about main projects on the first week of the new year.
From January 5th to 6th, Liu Mingyi, the general manager of Group’s bulk commodity department, accompanied by Li Juqiang, chairman and general manager of the company, Zhang Qiang, vice general manager of the company, went to visit Caofeidian National open economic zone in Hebei Province. Feng Lei, member of the Caofeidian open economic zone (free trade zone) working committee of CCP and vice director of management committee welcomed the leaders of JSFT. Feng Lei introduced the development history and industrial layout of Caofeidian open economic zone, especially the construction and the operation of four main storage and transportation basement that has been planned for construction of coal, crude oil, ore and natural gas. He also looked forward to cooperate more between two sides in the area of bulk commodities.
Li Juqiang introduced the reformation situation and the main business of SOHO , especially the development situation in the area of metal mineral, energy and chemicals of JSFT in recent years. Li Juqiang communicated about the cooperation between the company and key enterprises in Caofeidian open economic zone, and discussed the further development of bulk commodity business and related investment in Caofeidian in the future.
During the visit, Li Juqiang and his delegation visited the exhibition center of Caofeidian open economic zone, paid a visit to Caofeidian Xintian LNG Company, and exchanged views with the key clients of company.
On 2nd of January, Zhang Qiang, vice general manager of the company led the team to negotiate about the business cooperation with alloy factory in Shanxi Province in order to accelerate promoting the layout of whole industrial chain of JSFT’s metal segment business. Both sides agreed that they should enhance competitiveness by using their own advantages, promote the business to expand to the upstream and downstream, and build a more independent and controllable supply and marketing system. The negotiation reached a number of cooperation intention about the construction of the whole industrial chain including foreign minerals channel, the import of minerals and the sale of alloy. General manager assistant Wang Zhuo, Fu Qiluan and other directors of related business and risk control departments attended the meeting.
From January 3rd to 4th, Zhang Qiang led the team to visit the customers in Tianjin and Beijing to interface with them about the expansion of the first-hand source of goods channel, import business of mineral products, deepen cooperation with port warehousing and logistics etc., building a solid foundation for the stable development of metal segments through the whole year. Relevant personnel of metal minerals department, alloy minerals department and trade management department participated in the visit.
On 2nd of January, Sheng Yakun, vice general manager of the JSFT and chairman of JOC Wuchan Trading Company led the team to visit agricultural products processing factories in East China in order to further expand the market of agricultural products and develop new business models. Both sides explored the whole industrial chain and supply chain cooperation model of agricultural products. Under this model people can purchase agricultural products from Russia and other food producing countries along the ‘Belt and Road’, transport these products to midstream processing factories for production and processing by the strength of the integration of transporting and trading that CHINA RAILWAY Express owns, and sold biological feed to the downstream of the chain. Zhang Zhidong, the general manager assistant of JSFT and general manager of JOC Wuchan Trading Company and directors of related department joined in the research.
At present, each business segment speed up the development of their work. Jiangsu Overseas Corporation has improved the layout of the business after nearly a year of operation, and it will provide more services for the supply of domestic smelting raw materials. On the 9th of January, Fu Qiluan, general manager assistant of JSFT and general manager of Jiangsu Overseas Corporation led the team to visit South Africa again. During this visit, they investigated the facilities including warehouses and docks to improve the risk-control ability in the area of logistics and ensure the smooth execution of business. JSFT will use give points to the platform of Jiangsu Overseas Corporation, build a specialized trade platform spread on the industry chain, and contribute SOHO’s strength to the safety and stability of the domestic metal and mineral industrial chain.
Furthermore, in order to strengthen the control of property in goods effectively, from January 2nd to 5th, JSFT formed 5 teams consisted of 10 employees to carry out the annual stocktaking. They went to Taicang, Tianjin, Tangshan, Rizhao and other product distributing centers and check the metal minerals, energy and chemical products as well as agricultural products stored in the warehouse comprehensively. Working groups checked the inventory one by one through ‘cross checking of inventory and goods’ to ensure the accuracy of data and the consistency between lists and goods. The accumulative mileage of the inventory this time has reached over 6000 kilometers.
At the beginning of this year, the leading cadre of the company led the staff to complete the work in a strict and solid way, building the foundation to reach the annual goals and complete the annual key work of SOHO Holdings Group.
