Mr. Lyu Xiaozhao, Director, VP and Chief Engineer of Chifeng Gold Attended and Delivered a Keynote Speech at the 4th Asian Mining Innovation and Development Summit Forum
Mr. Lyu Xiaozhao, Director, VP and Chief Engineer of Chifeng Gold, attended upon invitation and delivered a keynote speech titled “Analysis into the Strategy to Advance the Financial Feature of the Mining Industry” at the 4th Asian Mining Innovation and Development Summit Forum, hosted by China-Asian Economic Development Association and its Mining Professional Committee on May 25, sharing his thoughts with hundreds of companies and thousands of guests at the event on how to advance the financial nature of the mining industry and achieve the leapfrog development of mining industry under the auspicious of the Belt and Road Initiative.
In his speech, Mr. Lyu Xiaozhao elaborated on the value and significance and status quo and challenges in the efforts to pursue mining financialization, and then explored the path and strategy to do so. He also shared with all the audience the practice employed by businesses at home and abroad and looked into the future where mining and financing will be highly integrated.
Mr. Lyu Xiaozhao said amid profound changes in the world economic landscape, the mining industry is undergoing transformation to take on financial, digital and green features from the traditional resources development, resulting from the advancement of technologies and the re-pricing of mineral resources by the global capital markets.
He pointed out that promoting the financialization of the mining industry is a crucial pathway to optimizing resource allocation, enhancing the sector's resilience to risks, and attracting diversified investment. By strengthening policy and service support, building digital platforms, innovating financial instruments, deepening international cooperation, advancing green finance and sustainable development (ESG), and leveraging technology-driven strategies, the financialization of the mining industry can address financing challenges, hedge against price risks, optimize resource allocation, foster national economic growth, improve resource security, drive innovation in the mining industry, and support the development of the mining sector under the "Belt and Road" Initiative.
Since entering the capital market in 2012, Chifeng Gold has achieved rapid growth by continuously expanding resource consolidation and increasing its gold reserves. On March 10, 2025, Chifeng Gold was successfully listed on the Main Board of the Hong Kong Stock Exchange, becoming the third "A+H" gold stock in China. This marks a critical breakthrough in Chifeng Gold's international strategic layout and serves as a significant milestone in its global capital market access and deeper resource integration.
Chifeng Gold is committed to becoming a prominent gold producer well recognized around the world and continue to focus on gold. The company will steadfastly pursue international expansion, engage in global partnerships, and actively promote the financialization of mining development. Under the "Belt and Road" Initiative, Chifeng Gold looks forward to collaborating with global partners, using capital as a bridge and innovation as a driving force, to explore new frontiers in the global mining industry together.
At the forum, Mr. Lyu Xiaozhao visited multiple exhibition booths, gave media interviews, and engaged in cordial exchanges with industry experts and media representatives.
