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Guangdong Gold Corporation Transferred to GRAM’s Management

In the morning of 16th, January, 2013, the grand handover ceremony of transferring Guangdong Gold Corporation to GRAM was held in GRAM International Building. The meeting was hosted by the deputy general manager of GRAM Ye Xiaohui. Lin Weichao, the deputy director of  the Economic &Information Commission of Guangdong Province, Lin Sanlin, the deputy director of the SASAC of Guangdong Province, Zhong Jinsong, GM of GRAM, Deng Jinxian, the vice secretary of Party committee and secretary of the Discipline Inspection Commission, Gao Quntao, ,deputy general manager, ye lieli, ,deputy general manager, Gao Qing, deputy general manager, Li Zezhong, ,deputy general manager, Xie Liang,,deputy general manager, Ma Jianhua, deputy general manager, Wang Ruhai ,the chairman of the SASAC of Guangdong province stationed Board of Supervisors, Zheng Jianhua, the general manager of the Guangdong Gold Corp. and other relevant government heads, enterprise leaders and guests attended the handover ceremony.

 

According to The Feedback of approving to Adjust Guangdong Gold Corp.’s management system by Guangdong Province People's Government (Yuefu letter No 2012), Guangdong Gold Corporation is officially included in the supervision scope of the SASAC of guandong province, accepting the management of GRAM. This is of great significance for the integration and optimization of gold resources, structure adjustment of gold industry in our province. The provincial government's move aims to strengthen and expand the gold industry, promote the transformation and upgrading of the gold industry in our province

 

Guangdong Gold Corporation, which was an enterprise owned by public with management function of gold industry in the province, was founded in 1984, and it was approved to be set independently as administrative company in 1992, After the transfer, the company will no longer bear the management function in gold industry, but further build up modern enterprise system with clear property right, defined rights and responsibilities, separate politic and business as well as management science. GRAM is planning to put some high-quality gold industry projects into Guangdong Gold Corporation step by step, add capital of RMB 500 this year to accelerate the establishment of Guangdong Gold Group Limited, strive to build one of leading enterprises in China's gold industry and the largest gold industry in our province, make the subsidized Noble Metal Trading Center in Guangdong province to be the trading platform for the whole Asia-pacific area with international pricing function. GRAM will increasingly strengthen the activeness, control and influence of national economy, achieve scale, benefits and international development of the enterprise, and make new and greater contributions to promote sound and fast economic and social development in our province. (General Affairs Department)


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