Mr. GU Wenshuo, Vice President of SGE, Visits South Africa and Tanzania’s Precious Metals Market

Date: 2019-11-29

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From November 20th to 28th, 2019, Mr. GU Wenshuo, Vice President of SGE, led a delegation to South Africa and Tanzania to conduct international market research and market promotion. SGE delegation visited relevant local regulatory agencies, well-known mining and refining companies and financial institutions, touching upon issues on SGE’s international market expansion and future market cooperation.  

During the visit to South Africa, SGE delegation held talks with Standard Bank, FirstRand and other financial institutions, as well as senior managing directors of South Africa Minerals Council. The delegation also visited precious metals mining and refining companies (including Anglo Gold and Rand Refinery) and Brinks’ South Africa Branch, to introduce the innovation breakthroughs in SGE’s marketization and international development, and held in-depth discussions on strengthening cooperation and promoting the common development of South Africa and China's gold market. Many institutions have expressed their interest in SGE’s international board and are willing to participate in China’s market in the future. 

SGE delegation visits Standard Bank

SGE delegation then headed to Tanzania for the precious metals market’s research and market promotion. The delegation visited the Chinese Ambassador to Tanzania, Ministry of Industry and Trade of Tanzania, Ministry of Minerals of Tanzania and TIC, and held talks with institutions such as Henan Afro-Asia Geo-Engineering (Tanzania) Co., Ltd. and Bank of China's Tanzania Representative Office, and exchanged views on Africa's political and economic environment, investment policy, precious metals market development and other topics. The delegation also introduced China's experience in gold market development, promoted SGE’s international business and explored future cooperation and development opportunities between the two markets.

SGE delegation visits Mr. Bashungwa, Minister for Ministry of Industry and Trade of Tanzania

The visit was accompanied by delegates from SGE’s Delivery & Transportation Department, Market Promotion and Investors Education Department and SGEI.

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