2019 is an important milestone in the history of China's copper industry reform and development. This year, China Copper leaped forward and made strides, achieving a "three consecutive increase" in total assets, operating income, and total profits, setting the best level in history. The profit contribution from the parent company ranked first among all sections of China Aluminum Group. Profits for the whole year rose sharply year-on-year, the effect of the strategic restructuring of "1+1>2" was beginning to show, and the reform and development achieved remarkable new results, becoming a successful model of "central-local cooperation", and was awarded the 2019 General Manager Special Award by Chinalco .

Liu Jianping, member of the Party Group and Deputy General Manager of China Aluminum Group, Secretary of the Party Committee and Chairman of China Copper Industry, pointed out that 2019 is a year of rapid growth of China’s copper industry, a year of steady improvement in development quality, and an effective stimulation of development vitality. Year, a year in which development advantages are constantly manifested, and a year in which development responsibilities are fully fulfilled. This year, China Copper has taken a big step towards the goal of building a world-class copper-lead-zinc enterprise, ushered in a new dawn of dreams, and embarked on a new journey of development!

The achievement is by no means accidental or by luck. It is a fruitful return for all the cadres and employees of China Copper Industry to share morality, hard work, and unremitting hard work under the strong leadership of the China Aluminum Group Party Group and the Yunnan Provincial Party Committee and Provincial Government. .

01

Strategic reorganization, "1+1>2"

There is nothing difficult in the world, as long as you are willing to climb. In 2017, Chinalco Group established the C3 project team to accelerate the integration of non-ferrous resources in Yunnan Province and strengthen the assets of China’s copper industry. In the past three years, China Copper's Party Committee has resolutely implemented the arrangements of the China Aluminum Group Party Group and the Yunnan Provincial Party Committee, and pushed forward the work steadily.

In June 2019, China Copper, Yuntong Group, Yunnan Metallurgy, and Jinding Zinc Industry successively obtained new business licenses, and the industrial and commercial registration of the four enterprises were all changed. So far, China Copper, Yuntong Group, Yunnan Metallurgy, and Jinding Zinc Industry have gone Come together. It marks that China Copper has successfully completed the reorganization of 100 billion assets and the integration of its workforce, and the second phase of the C3 project has been successfully completed.

Transformation is a profound revolution. What is changing is the mechanism and system, and what is moving is the stubborn disease. It requires courage to overcome obstacles, perseverance, and vigorous style. Real swords and guns, dare to "bright swords", and comprehensive reforms to chew "hard bones".

Focus on the nine major risk issues that the leaders of the State Council and the State-owned Assets Supervision and Administration Commission of the State Council are concerned, establish a work list, promote implementation in the spirit of nailing nails, and regularly track progress to resolve them. The smooth return of the equity of Jinding Zinc Industry was realized, the equity and creditor rights of Xinli Titanium were transferred to the outside, and the asset-liability ratio of Yunnan Metallurgy returned to a reasonable level. The reform has solved a number of "old and difficult" problems that have been highly resistant, have been discussed for many years, and have been difficult to talk about for a long time.

With the blade facing inward, he dared to "break his wrist" and open the "breakthrough" in a comprehensive attack.

Adhere to the blade inward, with the courage of the strong man to break his wrist, fully implement the "addition, subtraction, multiplication and division", vigorously carry out "3+3" and other special work, through the implementation of a series of combinations such as weight loss and fitness, turnaround, reduction of two golds, and clearing of risk funds Fist, stop the "bleeding spot" in time, enhance hematopoietic function, and stimulate endogenous power. The number of corporate households and the number of loss-making enterprises has decreased significantly...This is a completely reinvented change, which has captured the “niversity” that involves multiple units, across multiple fields, and affects the whole body.

Merge into integration, dare to "practice", and fully implement management "integration".

"Don't say anything that is not conducive to unity, do not do things that are not conducive to integration, and not have thoughts and ideas that are not conducive to integration. We have a common name-China Copper People." Business integration, institutional integration, asset integration, The integration of personnel is important, but more important is the integration of culture and the integration of people's hearts. Since the implementation of "integrated" management in February 2019, China Copper has reengineered the original organizational structure and management process, optimized and integrated functional departments, implemented a flat management model, and integrated the original 36 departments of the two company headquarters For 16 new departments, reducing departments by 56%. Improve the institutional system, standardize the decision-making process, and form a new pattern of management and control that is linked up and down, performs their duties, and is streamlined and efficient.

The sword is out of its sheath, the mission must be achieved. The strategic reorganization is fully integrated, and the effect of "1+1>2" has been exerted. China Copper has focused on first-class, stable and long-term development, and submitted a satisfactory answer to Yunnan Province and Chinalco.

02

"Copper and Zinc" peers, development afterburner

"These dazzling achievements are not obtained easily, by beating gongs and drums, but by hard work and sweat. Some comrades stick to the plateau at an altitude of 5,200 meters, and some comrades stick to the 1526-meter deep underground. The comrades stayed 20,000 kilometers away from their hometown overseas, and some comrades lit up the'North Gate' with night lights." Xu Bo, assistant to the general manager of Chinalco Group, deputy secretary of the party committee of China Copper, and president of China Copper like.

After more than 10 years of development, China Copper has not only accumulated scale and strength, but also created a team of cadres and employees with excellent quality and capable of winning battles. This team has the ambition of “striving for excellence, innovation and strength”, and the spirit of “copper and zinc” to share the same virtue and create brilliant together. They are firm, persistent, dedicated, responsible, and effective. Although they are in different positions, In order to realize the world-class aspirations, we are working together to contribute our wisdom and strength to the high-quality development of China's copper industry.

Data show that China Copper has achieved continuous growth in its total assets, operating income, and total profits in the past three years. All 7 indicators assessed by Chinalco Group have been completed. Under the severe situation of a year-on-year decline in prices and a profit reduction of 2.356 billion yuan, the company outperformed the market and did not lose to its peers. The company achieved operating income of 109.4 billion yuan throughout the year, and actual production and operating profits hit a record high. At the same time, the output of major products has remained at the top position, and technical and economic indicators have continued to be optimized. The growth momentum of production and operation is strong, and the project construction is to accumulate energy for the company's next development.

The Southeast Copper Project of the world's largest single-system copper smelting production line achieved production and compliance. The Chifeng Yuntong Relocation Project was put into production within 3 months and achieved production and compliance. The second phase of the Peru Mining Project has completed 93% of the total progress. Liangshan Mining's deep mining project has been fully resumed. The Laomjing tailings pond project, which restricts the survival and development of Jinding Zinc Industry, started construction; the three Chihong zinc and germanium smelting technological transformation projects were completed and put into operation. Congo (DRC) wet process copper smelting project was completed. The LCS project was put into trial production on November 11. The 50,000 pieces/year germanium blank project was completed that year and reached the production standard in that year. The market share of germanium products accounted for 1/3 of the country and 1/4 of the world, making it the world's largest producer of primary germanium. The grinding and floating project of Pulang Copper Mine's first-phase mining and dressing project won the Luban Award, and five projects of Yuntong Co., Ltd. won the China Nonferrous Metals Industry (Ministry-level) Quality Project Award.

03

Build a strong foundation for the party, build a root and shape its soul

To overcome difficulties, direction is of the utmost importance. In 2019, in the face of the complex and changeable internal and external environment and the arduous and arduous restructuring and integration tasks of China Copper and Yunnan Metallurgy, the China Copper Party Committee earnestly implemented the Jinping New Era Socialism Thought with Chinese Characteristics and General Secretary Xi Jinping’s important instructions. Lead the development with the correct political direction, strive to give full play to the leadership core and political core role of the party committee, make good use of the party building magic weapon, strengthen political construction, promote the deep integration of party building, production and operation, reform and development, and build the "root" and "soul".

In accordance with the deployment of China Aluminum Group and Yunnan Province to deepen strategic cooperation, the China Copper Industry Party Committee actively integrated into China Aluminum Group’s new pattern of “4+4+4” high-quality development, and adhered to the “two platforms, one base, three hundred billion yuan”. Strategic positioning, in accordance with the general requirements of "deep reform, fine management, rapid integration, and more profitability", lead the entire company's cadres and employees to follow the trend and move in response to the situation, and comprehensively integrate strategic restructuring as an important political task for systematic deployment and full promotion. Facing various thorny problems such as management relationship problems, balance sheet repair, turning losses and getting out of trouble, weight loss and fitness, etc., through full research and demonstration, the top-level design is done, and it is opened from the five aspects of thinking, organization, strategy, management and control, and culture. The road to fast integration.

In the theme education of "not forgetting the original intention and keeping in mind the mission", the China Copper Party Committee combined with the actual development of the company, adhered to the problem orientation, took the effectiveness of solving practical problems as the measurement standard, and firmly grasped the principle of "keeping the original aspiration, assuming the mission, finding gaps and grasping To implement the general requirements, promote China's copper industry to carry out political "major physical examination", ideological "major cleaning", and "major overhaul" of problems to ensure that party members and cadres receive education that touches the soul, and the masses of employees see real changes, and the theme education becomes China The copper industry learns and implements the pilot project of Xi Jinping’s new era of socialism with Chinese characteristics, the basic project to improve the quality of party building, the popular support project to closely contact and serve the masses, and the power project to promote high-quality development, for the integration and reorganization and comprehensive production and management tasks. The completion has injected strong momentum.

In this year, the first party congress of China Copper Industry was successfully held, and a new “two committees” team was elected. The company’s party committee “112345” work ideas were determined, and the company’s “three-step development” "Development steps" and "123556" development plan sounded the "Assembly Number" to build a world-class copper, lead and zinc enterprise with global competitiveness.

The wandering is more urgent when the boat arrives in the middle, and the road in the middle of the mountain is steeper. On the new journey of development, the people of China Copper are striving to live up to the time and strive to accelerate the construction of a world-class copper-lead-zinc enterprise.