CA Chinese 2018 – Gold Starlight Gala (the “Gold Starlight Gala”) - a charity gala evening co-organized by China Gold International Resources Corp. Ltd. (“China Gold” or the “Company”) and Canada China Finance & Investment Association (“CCFIA”), was successfully held on November 23, 2018. The main topics of this year’s event were about Canada-China Mining Environmental Technology R&D, Mining Development and Community Development, and Aboriginal Health Programs. Mr. Xin Song, Chairman of the Company fully supported this event. Mr. Song sent an English greeting video from Beijing expressing his gratitude to the professors of UBC,SFU and research organizations, the financial and mining investors, friends from government and media for their long-term support to the Company. He stated he is filled with high expectation and great confidence in the Company’s future development in Canada.

The professors and research team from the University of British Columbia delivered a briefing on the progress of the mining environmental protection project, which was funded the Company.

The Aboriginal Health Project, initiated by the world-renowned medical professor, Grant Stewart, who is also known as the contemporary “Canadian Bethune”, will also receive support from China Gold.

Professors from Simon Fraser University Business School gave a synopsis on their case study of how China Gold has integrated into Canadian society.

Distinguished guests at various government levels, delivered appreciative speeches congratulating China Gold on its philanthropic acts and its delivery of corporate social responsibility. Representatives of First Nations, financial institutions, Chinese state-owned businesses, local artists as well as news media gathered together to share the joy of the Gala. 

On September 24, 2018, the World Gold Council announced that, due to the growing importance of China within the global gold industry, a new China Chapter had been established.. The new Chapter will enable the Chinese Member companies of the World Gold Council to engage more effectively with the rest of the Board, thereby involving them more fully in the activities of the World Gold Council. Mr. Xin Song, Chairman of China Gold International, China Gold Association and China Gold Group, was appointed as the first Chair of the World Gold Council China Chapter.

Mr Song Xin, stated, “The World Gold Council works hard to advance the global gold market and increase demand, and it also provides an outstanding platform for the gold mining industry to work together. The China Chapter will enable greater interaction between the Chinese gold industry and the international gold market, further enhancing the Chinese gold industry’s international influence and promoting its continued rapid evolution.”

Song Xin said that in 2017, China's gold production reached 426 tons, while gold consumption reached 1,089 tons. China has become the world's largest gold producer, the largest gold consumer, and the largest gold processing country. The total trading volume of the Chinese gold market (unilateral) is about 55,000 tons, ranking third in the world. China's gold industry and gold market have developed rapidly and are exerting increasing influence in the international arena.

Song Xin said that in recent years, to realize the sustainable and high-quality development of the gold industry,China's gold industry has responded positively to initiatives of China and has vigorously promoted technological innovation. Chinese gold enterprises have taken practical measures in the areas of green mine construction, energy conservation and environmental protection, which have significantly improved the level of economic operation quality, ecological environment management, and safety and environmental protection.

At the same time, China's gold industry has sped up the global partnership process, and has offer its part in the global gold industry development with a clear mind and positive attitude. In particular, China's gold industry has actively participated in the “Belt and Road Initiative”, and it has gradually increasing pace of the globalization process.

Song Xin provided his view on the gold market: he thinks that gold is still the best financial product considering the political and economic uncertainty we currently witnessing. World’s gold reserve is still a safe haven against the financial crisis. In today's global economy environment, China's gold industry will adhere to the concept of “the world’s gold industry is one”, and is willing to work with our peers around the globe to strengthen effective communication, promote complementary advantages, encourage practical cooperation, and work together to build a intimate and mutually beneficial cooperation partnerships. To achieve sustainable development and healthy development for the global gold industry and gold market.

The World Gold Council was established in 1987 headquartered in London, England. The organization currently having 24 members including China National Gold Group Corporation. The World Gold Council’s purpose is to stimulate and sustain demand for gold, provide industry leadership, and be the global authority on the gold market.

On July 7 2018, a delegation led by Ding Yexian, Executive Deputy Secretary of the Tibet Autonomous Region Party Committee, and Pema Wangdui, Member of Standing Committee of the Tibet Autonomous Region and Secretary of Lhasa Municipal Party Committee, visited Jiama Copper-Polymetallic Mine (“Jiama”), which is owned and operated by Tibet Huatailong Mining Development Co. Ltd. (“Huatailong”), a wholly-owned subsidiary of China Gold International Resources Corp. Ltd. (“CGG”).

Guan Shiliang, Chairman of Huatailong, expressed warm greetings to the delegation on behalf of Song Xin, Chairman of CGG, and Liu Bing, CEO of CGG and reported on the key work currently being done at Jiama.

After visiting the Niumatang sludge discharge treatment site, the delegation commended Huatailong on its achievements in environmental protection and its problem solving skills.  Mr. Ding commented, “Huatailong has been celebrated as a banner for central enterprise flying high on the Qinghai-Tibet Plateau.  The local government and party committee of the Tibet Autonomous Region gives full support to Huatailong’s efforts in green development and harmonious development.  Especially, in the Tibet area Huatailong excelled in practicing the development requirement “Lucid Waters and Lush Mountains Are Invaluable Assets” raised by President Xi!  In the future, we hope CGG can achieve great development in expanding the industrial chain.  The party committee and government of the Autonomous Region fully supports Huatailong.” 

Mr. Ding put forward specific requirements on the key work on which Huatailong needs to focus in the future.

Wang Ping, General Manager of Huatailong and other related personnel accompanied the visit.

With the Chinese New Year and Tibetan New Year approaching, Jiama Trading Ltd. (“Jiama JV”), a joint venture between (i) Tibet Huatailong Mining Development Co. Ltd. (“Huatailong”), a wholly-owned subsidiary of China Gold International Resources Corp. Ltd. (“CGG”), which owns and operates the Jiama Copper-Polymetallic Mine; and (ii) the Jiama People Cooperative (the “Jiama Cooperative”), a group comprised of the local Tibetan community, hosted the ninth annual Jiama JV dividends ceremony on the morning of February 7, 2018 in MoZhuGongKa County. Mr. Sang Ba, the Deputy County Chief of MoZhuGongKa County and Mr. Shiliang Guan, CGG’s Vice-President and Huatailong’s Chairman distributed dividends in the aggregate amount of RMB 2.058 million to the Jiama Cooperative, which was represented by 90 local Tibetans coming from ChiKang village, Longda village, and ZiZiRong village.

Over the last nine years Jiama JV has distributed d a total of RMB12.5 million in dividends to the local Tibetan community, shared in the profit of enterprise development and created a harmonious life style between CGG and the local people.

Mr. Shiliang Guan stated, “Jiama JV is an economic win-win that perfectly implements CGG’s corporate social responsibility initiatives. We are happy to see our local communities thrive and remain committed to ensuring that CGG gives them the opportunity to do so.”