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Address:No. 2503, Jingshi Road, Licheng District, Jinan City, Shandong Province Postcode:250101 Tel: +86 531 67710000 Fax: +86 531 67710038



New Festival Greetings

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The Year of the Goat has passed and the Year of Money is coming. On the occasion of the 2016 Chinese New Year’s approaching, on behalf of the Party Committee of Shandong Gold Group and the Board of Directors, I am honored to extend cordial greetings to all employees and their families, especially to those who work in the front line of business development and those who stick to the front line of production, express high respect to retired leadership and comrades, express sincere gratitude to leaders at all levels and friends in various circles who have cared and supported the development of Shandong Gold Group for a long time.

Joy is got through sweat and success is achieved with hardship. Over the past year, under the severe and complicated domestic and international economic situations, especially the downturn of mining economy, all the leaders and employees of Shandong Gold Group still made encouraging achievements by working hard, actively overcoming problems and challenges. With 36 tons of gold production, RMB 67 billion of sales revenue and RMB 700 million of total profit, we successfully completed all tasks of higher authorities in the past year and Shandong Gold Group ranked 177 in 2015 China top 500 enterprises. In the past year, Shandong Gold Group continued to optimize the industrial distribution, accumulate developing energy, promote reform, improve safety and environment, fulfill social responsibility and strengthen the honest and clean politics of the Party. In this way, Shandong Gold Group has laid a good foundation to step into the global top ten gold mining enterprises during the 13th Five-Year Plan.

Achievements only belong to the past and we are still on the way of dream. 2016 is the first year of the critical stage for victory to completely build moderately prosperous society in all aspects, and it is also the first year of 13th Five-Year Plan of Shandong Gold Group. What's more, 2016 is another critical year in the development history of Shandong Gold Group. At the beginning of the 13th Five-Year Plan, we set up the strategic objectives of "Striving to be an internationally first-class mining enterprise and bravely fighting for the global top ten gold mining enterprises", and revised and improved a new corporate culture system. We must firmly stick to our strategic objectives, establish confidence, elaborately plan for development, and vigorously promote the realization of strategic objectives. We must firmly establish the development idea of "innovation, coordination, green, openness and sharing". We must accord with the requirements of the CPC Central with Xi Jinping as general secretary, implement the work arrangement made by the provincial Party Committee, the provincial government and the provincial SASAC (State-owned Assets Supervision and Administration Commission), adapt to the new market situation with reform, innovation and improvement, and build core competitive advantage of Shandong Gold Group. We should take development quality and benefit as center, focus on the main business of gold, be brave to take responsibilities, accelerate reform, and promote international industrial layout, so as to ensure to preserve and increase the value of state-owned capital. We should be humble, hard-working, honest, and diligent so that Shandong Gold Group will maintain leading position and gain more sustainable development with higher quality, higher efficiency, and more fairness.

"Sound of large bell must be loud and ideals of ambitious person are doomed to be lofty". Shandong Gold Group's development blueprint has been drawn, with inspiring objectives and tasks. Under the strong leadership of the CPC Central Committee, the provincial Party Committee, the provincial government and the provincial SASAC, let’s unify thoughts, get untied, be keen on reform, and forge ahead, so as to make great efforts to successfully complete the objectives of the 13th Five-Year Plan of Shandong Gold Group, and early step into the global top ten gold mining enterprises in comprehensive strength.

Best wishes!

Chen Yumin, Chairman and Party secretary of Shandong Gold Group

February 6, 2016