Joining Hands with Central Enterprises to Help Hubei's Economy Start Again
    Release Date: November 12, 2020

From November 10th to 12th, the chairman of the company, Dr. Chen Jiulin, accompanied Dr. Zhou Yongshi, the deputy mayor of Huanggang City, Hubei Province, and He Yonghong, the county magistrate of Tuanfeng County, to visit China Gezhouba Explosive Group Co., Ltd. (“EGGE”). The delegation was warmly welcomed by Deng Xiaoying, director and general manager of EGGE, Xiang Huaxian, deputy secretary of the party committee, and Feng Hui, deputy general manager.

During the meeting, Deng Xiaoying, director and general manager of EGGE, said that he welcomes Mayor Zhou, County Mayor He, and Dr. Chen to visit EGGE, and hopes to use EGGE’s industry experiences and adventuresaccumulated for nearly 30 years in the eastern part of Hubei to contribute to comprehensive cooperation in civil explosions and general contracting of mine construction.

Mayor Zhou said that the delegation highly recognized the strength, experience, and overall solutions for mining, safety and environmental protection, and mine restoration, especially the unique design and application of civil explosives business and mixed explosives of EGGE. In the next step, both parties will make every effort to promote cooperation.

After the meeting, Mayor Zhou, County Mayor He and Dr. Chen, accompanied by Secretary Xiang Huaxian and others, went to the Fengdu project of EGGE Company for on-site inspection.

In the end, the company signed a strategic cooperation agreement with China Gezhouba Group Explosive Co., Ltd.

Brief Introduction of EGGE:

China Gezhouba Group Explosive Co., Ltd. (“EGGE”) is a member company of China Energy Construction Group Co., Ltd., an enterprise under the State-owned Assets Supervision and Administration Commission of the State Council, and a holding subsidiary of China Gezhouba Group Co., Ltd. EGGE is a national key high-tech enterprise integrating R&D, production, sales, engineering blasting services, and general contracting of mine construction with a complete industrial chain of civilian explosives. The current market coverage, internationalization, and comprehensive strength ofEGGE ranks among the top domestic civilian explosives enterprises.

In order to seize opportunities in the sand and gravel aggregate industry and achieve healthy and sustainable development of the enterprise, EGGE adopts the two-wheel drive of the investment-market to vigorously develop emerging businesses such as sand and gravel aggregates and green mines, and invests in high-quality sand and gravel aggregate mines, and gives full play to EGGE's advantage of level I qualification in mining engineering construction general contracting. EGGE has successfully operated more than ten sand and gravel aggregate mines such as Henan Yuzhou, China Resources Cement, etc., with an annual mining capacity of 300 million cubic meters.