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Chairman Li Meeting with Key Guests Yankuang Invited at Qingdao Multinationals Summit

2019-10-21 17:20:00


From October 19th to 20th, Mr. Li Xiyong, the Chairman of Yankuang Group and the Secretary of Yankuang Committee of the CPC, met with key guests of multinational corporation leaders Yankuang Group invited on behalf of Qingdao Multinationals Summit, respectively.



In the afternoon of 19th October, Mr. Li Xiyong had a meeting with Mr. Serhan Samir, Global Vice President of Air Products (“AP”) of the U.S.  Mr. Li Xiyong said, in 2017, the two sides signed cooperation agreement in the presence of the leaders of two countries and currently the project is moving forward in accordance with the agreement. Mr. Li Xiyong expressed that Shandong province pay high attention to the development of hydrogen energy industry and actively carries out demonstration projects and industrial layout. Yankuang has become a member of China Hydrogen Energy Association and the initiator of Shandong Hydrogen Energy Alliance. He hoped that AP could give Yankuang more support and help in hydrogen utilization and carbon dioxide projects.


Mr. Serhan Samir said as the largest hydrogen supplier in the world, AP has a global layout in hydrogen utilization, and Yankuang is a strong company. AP is willing to communicate with Yankuang in technology, form technical route and make in-depth cooperation in carbon dioxide disposal and utilization.


In the afternoon of 19th October, Mr. Li Xiyong met with Mr. Shi Kecheng, Vice President of General Industry of Air Liquid of French. Mr. Li Xiyong said President Xi sent a congratulatory letter to Qingdao Multinationals Summit and gave a big support to business environment of foreign enterprises. Since our traditional energy industry is facing a really important and arduous task of transformation and upgrading, and Chinese government is actively promoting the development of industries with new growth drivers. New energy is the development direction of Yankuang and we hope both sides could strengthen communication to achieve win-win results. 


Mr. Shi Kecheng said, from the perspective of foreign enterprise, I feel the government's confidence. Chinese market is very large, including opportunities brought by industry upgrading. We hope that relevant policies can be implemented as soon as possible, so as to promote bilateral cooperation towards common goals.



In the afternoon of 19th October, Mr. Li Xiyong met with Mr. Yuan Yituo, the Global Vice President of IBM. Chairman Li said that a clear timetable has been set for the launching of ERP in Ynakuang Group. IBM should work and make adjustment according to the established plan, give first priority to  system quality and the results should be greatly improved as compared with former system. As for the next step, Mr. Li said that the strategic cooperation of we two sides is based on whether can facilitate efficient and valuable decision-making in an economically reasonable and technologically advanced way.


Mr. Yuan Yituo said that ERP launch cooperation has yielded tangible results, IBM will invest more resources to ensure the implementation of Yankuang ERP planning. IBM hopes to become a long-term strategic partner of Yankuang and strengthen cooperation in three areas, namely, platform construction in terms of Internet of things, big data, cloud platform and business operation, an innovation incubation laboratory in trial and error and fast link, and excellent operation.



In the afternoon of 19th October, Mr. Li Xiyong met with Martin Turner, Global Vice President of SAP. Mr. Li Xiyong was very glad that SAP attended the Qingdao Multinationals Summit and further communicated with the government and enterprises. At present, the cooperation between the two sides is progressing smoothly and the project is being promoted  actively. We have set up a cooperation center in the hope of better cooperation results in the next step, especially in mining, chemical industry and other real industries.


Martin Turner said that the innovation centre is a good platform carrier and we are actively looking for innovative companies like Yankuang. Next step, we will introduce the production technology to Yankuang, make cooperation and innovation in mining industry on basis of classic cases.  Thus to facilitate Yankuang leading the world.



In the morning of 20th October, Mr. Li Xiyong met with Evan Glasenberg, the CEO of Glencore. The two sides introduced their respective development models and business operations, discussed potential cooperation opportunities in the fields of energy and non-ferrous metals, and exchanged views on the development trend of the world and China's economy, the trend of the commodity market and other issues of common concern.