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Shared Hands with Huayou and Scripting a new Chapter with SPD. Xie Wei, members of Party Committee, and Vice President of SPD Bank, visited and exchanges opinions at the site of the Huayue Indonesia project on November 20. The delegation was warmly received by Qian Xiaoping, Vice President of the Group, and Huang Shanyun, Executive Deputy General Manager of PT Huayue Nickel Cobalt. 

Xie Wei commended Huayou for its proactive adherence to the "Belt and Road" Initiative and lauded the substantial achievements made in the strategic deployment in Indonesia. Highlighting the 10th anniversary of the "Belt and Road" Initiative, the establishment of a comprehensive strategic partnership between China and Indonesia, and the pivotal fifth anniversary of Huayou's advance into Indonesia for high-quality development, Vice President Xie Wei acknowledged the commendable progress made by Huayou. Notably, projects emblematic of the three "Huas" - Huayue, Huake, and Huafei - have successfully materialized, laying a robust foundation for the enterprise development strategy of "Controlling the Resources Upstream, Developing the Markets Downstream, Enhancing the Capability from Within" Huayou, as a strategic client at the headquarters level, can anticipate SPD Bank's unwavering commitment to strengthening strategic alignment, deepening bank-enterprise cooperation, and jointly scripting a new chapter in the high-quality development of the co-established "Belt and Road"! 

Huang Shanyun, representing the Indonesian nickel industry group, extended a warm welcome to Vice President Xie Wei and the delegation. He expressed gratitude for the attention and support extended to projects such as Huayue in Indonesia. Furthermore, he provided insights into the project's construction and development process, strategic significance, and its current operational status. The Huayue project adheres comprehensively to the "green + ecological" design philosophy, integrating non-ferrous metal smelting and chemical refining with multiple advantages, including low cost, low energy consumption, environmental sustainability, and low carbon emissions. The construction and production milestones of Huayue, setting industry records for scale, speed, and time to achieve full production, represent the fruitful outcomes of profound cooperation between the bank and the enterprise. In September, the project set a new milestone by exceeding the monthly production capacity by more than 40% compared to the designed capacity. This notable achievement underscores the fruitful outcomes derived from the deep collaboration between the financial institution and the enterprise. Looking ahead, we express our expectation that SPD Bank will persist in its steadfast support for the development of Huayou's projects in Indonesia, collectively contributing to the empowerment and advancement of the new energy lithium battery industry. 

Qian Xiaoping emphasized that the Huayue project, as the first high-pressure acid leaching technology project in Indonesia for Huayou, stands as a world-class benchmark project in the industry, attracting considerable attention from peers and financial institutions. The construction and development of this project have been made possible through the substantial support provided by various financial institutions, including SPD Bank, for which Huayou expresses deep gratitude. Qian Xiaoping highlighted the longstanding cooperative foundation between Huayou and SPD Bank, underscoring recent collaborative achievements. He also provided Xie Wei with further insights into Huayou's strategic planning for overseas expansion, offering prospects for collaboration in areas such as overseas projects and operational capital financing. Expectations are set for both parties to deepen cooperation based on the existing solid foundation, achieving mutual benefit and contributing to Huayou's development and progress in advancing the new energy lithium battery industry. 

Prior to the discussions, Vice President Xie Wei and the delegation visited the Huayue exhibition hall and production line, gaining a comprehensive understanding of the park's design and layout, project operations, ESG (Environmental, Social, and Governance) construction, and other key aspects. 

Accompanying the visit were Xu Jun, President of Singapore Branch of SPD Bank, Ren Jun, General Manager of the International Business Management Department (Offshore Business Department) of the Headquarters, Liu Ling, General Manager of the Investment Banking Department of the Headquarters, and Wu Naijun, Deputy General Manager of the Credit Management Department of the Headquarters.