From September 3 to September 4, Yin Li, Secretary of CPC Fujian Provincial Committee and Director of the Standing Committee of Fujian Provincial People's Congress, and Zhao Long, Deputy Secretary of CPC Fujian Provincial Committee and Governor of Fujian Provincial People's Government led the team to go to Ningxia Hui Autonomous Region for study and investigation. They held the 26th joint conference for Fujian-Ningxia cooperation and attended the foundation stone laying ceremony in Minning Industrial Park in Minning Town, Yongning County, Yinchuan City, marking a solid step of Fujian-Ningxia cooperation towards the mutual benefit and reciprocity and win-win results in the new stage.

At the foundation stone laying ceremony, leaders from Yinchuan and Xiamen made a speech respectively. Xu Xiaoxi, Secretary of the CPC Committee and Chairman of ITG Holding, made a speech on behalf of the enterprise. The gypsum mining project of ITG was launched and settled in the industrial part at the same time.

Chairman Xu Xiaoxi emphasized that, under the guidance, deployment and instruction of party and government leaders from Fujian Province and Ningxia Hui Autonomous Region, ITG Holding will take the lead with projects such as ITG gypsum mining to actively drive the convergence of more advanced technologies and superior resources to Ningxia, continue to strengthen the cooperative relationship between the two provinces and build a demonstration zone for Fujian-Ningxia cooperation. Through these efforts, ITG Holding will contribute to promoting common prosperity and achieving fruitful results in a wider range of fields.

Those who attended the foundation stone laying ceremony included: Yin Li, Secretary of CPC Fujian Provincial Committee and Director of the Standing Committee of Fujian Provincial People’s Congress; Liang Yanshun, Secretary of the CPC Committee of Ningxia Hui Autonomous Region and Director of the Standing Committee of Ningxia Autonomous Region People’s Congress; Zhao Long, Deputy Secretary of CPC Fujian Provincial Committee, Governor of Fujian Provincial People’s Government and Secretary of the Leading Party Group; Zhang Yupu, Deputy Secretary of the CPC Committee of Ningxia Hui Autonomous Region, Chairman of Ningxia Autonomous Region People’s Government and Secretary of the Leading Party Group; leaders from Fujian Province, including Luo Dongchuan, Li Yangzhe, Xing Shanping, Wu Xielin, Zheng Jianmin, Huang Haikun, and Wang Guangyuan; Zhang Rong, Secretary of the CPC Committee of Xiamen University; leaders from Ningxia Hui Autonomous Region, including Lei Dongsheng, Shi Dai, and Wang Heshan, etc.

ITG’s Gypsum Mining Project

ITG Holding took the lead in establishing a Fujian-Ningxia cooperation platform company in Minning Town jointly with 4 state-owned enterprises in Xiamen (Anju Holding, Xiamen Municipal Construction Group, AMTR, and Xiamen Tiandi Group), which resided in Minning Industrial Park. It will utilize the natural gypsum mining resources in Yanchi County and invest in the production of natural gypsum building materials, to form a whole industry chain of natural gypsum building materials integrating exploitation of mineral resources, deep processing, product research and development, sales and logistics. With an investment of RMB 200 million, it aims to become an excellent support enterprise with a mining area of 1,500 mu (located in Yanchi County), a volume of exploitation and supply of 12 million tons, annual sales revenue of RMB 300 million, and hundreds of local employees.

Xialin Company's Ningxia Assistance Project

Xialin Company established under the leadership of ITG Holding, has successfully completed the poverty alleviation in Linxia Prefecture of Gansu Province.  It has since based itself in Linxia and focused on the northwest, and fully promoted rural revitalization. At present, it has established two companies in Ningxia, Xialin Trade Co., Ltd. and Ningxia Xialin Texture Co., Ltd. in Ningxia.

In 2021, the trading company purchased high-quality beef and mutton and characteristic agricultural products in Ningxia with a sales volume of RMB 65 million; the texture company plans to process 1 million pieces of sweaters every year and recruit 110 employees. At present, plant decoration, equipment debugging, and recruitment and training are in progress, and the company will officially start operation in the near future.