Fan Jun meets with a delegation of guests from Shandong Gold Group

(Source: Hualu Group)

On March 17, Fan Jun, Secretary of the Party Committee and Chairman of Hualu Group, and Chairman of Hong Kong Hualu, met with Zhang Xiaohai, Party Secretary and Chairman of Shandong Gold Group, and his delegation in Hong Kong. The two sides exchanged in-depth views on leveraging their respective advantages, utilizing resources in Hong Kong and Macau, and strengthening business collaboration.

Fan Jun welcomed Zhang Xiaohai’s visit and briefly introduced Hualu Group’s development since the 14th Five-Year Plan, including its role in the Hong Kong and Macau liaison office and serving the overall provincial strategy. He stated that Hualu Group is a state-owned capital investment company in Shandong Province and the Hong Kong-Macau liaison office, rooted in Qilu and connected to Hong Kong and Macau. The company is committed to a “dual-wheel drive” strategy of industrial management and capital operation to achieve higher-quality development. As a Fortune Global 500 enterprise, Shandong Gold has a complete industrial chain, outstanding comprehensive strength, and continuously growing brand influence and core competitiveness. Its economic performance has increased year after year, with rich experience in resource integration, capital operation, and international development. The company looks forward to exploring deep cooperation with both sides in industry synergy, financial capital, and international business, jointly serving the high-quality development of Shandong’s economy and society, and contributing greater state-owned enterprise strength to the construction of a modernized, strong province in the new era.

Zhang Xiaohai introduced Shandong Gold’s operations and its layout in Hong Kong, expressing gratitude for Hualu Group’s ongoing support. He noted that since the 14th Five-Year Plan, Hualu Group has adhered to high-quality development, focused on core businesses, maintained clear strategic planning, scientific management models, standardized corporate governance, and prominent functions in political and commercial communication. The company’s core competitiveness has been continuously enhanced, and it has rebuilt a new Hualu during the 14th Five-Year period. Its “One Benefit, Five Ratios” remain among the top provincial enterprises, with ROA and ROE comparable to world-class chemical companies. Its operational performance has received high recognition from international and domestic capital markets, with Moody’s and Fitch assigning high-level international ratings for five consecutive years. Hualu Group has established a distinctive high-quality development path, serving as a benchmark among provincial state-owned enterprises and a model for Shandong Gold Group. Hualu Group has played a vital role as a “super connector” between Shandong, Hong Kong, and Macau, providing strong support and solid guarantees for Shandong Gold’s expansion in Hong Kong, resource docking, and cooperation. He expressed appreciation for this and hoped that both sides could further strengthen communication, improve coordination mechanisms, achieve resource synergy, complement each other’s advantages, and share experiences. They should explore pragmatic cooperation in new fields and businesses to jointly create a new chapter of high-quality development during the 14th Five-Year period.

Attending the event were Liu Qin, Party Committee Member and Deputy General Manager of Shandong Gold Group; Xu Libo, Chief Financial Officer; Cheng Xuezhan, Deputy General Manager of Hualu Group, Party Committee Member, and General Manager of Hong Kong Hualu; Song Jianjiao, Secretary of the Board of Directors and Director of the Office; and other personnel from Shandong Gold and Hong Kong Hualu.

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