From March 30 to April 1, Chen Deshao, the Chief Financial Officer of CGN, went to Kazakhstan to meet with the management of Semizbay-U Limited Liability Partnership, and visited the Semizbay-U Mine and Ilkley-U Mine for investigating the mine production and operation. 

    On the basis of completing the production tasks and cost targets in 2018, the Semizbay-U Mine and Ilkley-U Mine have performed well in the first quarter of 2019, completing the production and cost control objectives, and continued to stay ahead in environmental protection, safety management and quality control. The “5C Lean Management System” introduced for Semizbay-U Mine and Ilkley-U Mine in 2018 has achieved preliminary results, and the mine operating efficiency has been steadily improved. In the future, the cost competitive advantage of the two mines is expected to be further improved.

    Chen Deshao, on behalf of CGN, expressed his affirmation on the achievements made by Semizbay-U in 2018 and expressed the hope that it will make persistent efforts and strive to exceed the 2019 operating objectives set by the board of directors.