On May 4, He Wenbo, Chairman and Party Group Secretary of China Minmetals Corporation met a delegation headed by Madam Huang Bijuan, Chief Executive of HSBC Greater China Region and both sides exchanged views on further strengthening exchanges and cooperation. Shen Ling, CFO and Party Group member of Minmetals, attended the meeting.

He Wenbo extended his welcome to Huang Bijuan and her delegation and reviewed the friendly cooperation between the two sides. He said that, although the metal and mining industry has entered the low ebb, Minmetals still holds fast to its mission, actively plans reform and development and is striving to become the state-owned capital investment company in the metal and mining field, and Minmetals is willing to continue expanding and deepening cooperation with HSBC to achieve mutual benefits and win-win results. Shen Ling introduced the efforts Minmetals has made in the severe external context in the past year and the achievements it had witnessed, and envisioned the development prospects of Minmetals in 2016.

Huang Bijuan appreciated the high transparency shown by Minmetals as a state-owned enterprise. She said that Minmetals is an important client of HSBC and features unique competitive advantages in the industry. HSBC expects to further provide Minmetals with more global financial services of high quality. Both sides also exchanged views on the strategic restructuring of Minmetals and MCC, the future development plan of Minmetals and other topics.