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The 17th China Precious Metals Industry Development Forum successfully Concludes in Shenzhen
Release time:
18 Nov,2024
On November 17, the 17th China Precious Metals Industry Development Forum successfully concluded in Shenzhen. The forum was guided by the China National Resources Recycling Association and jointly organized by the China Precious Metals Industry Committee (CPMIC) and Shenzhen Point Gold Precious Metals Co., Ltd.
On November 17, the 17th China Precious Metals Industry Development Forum successfully concluded in Shenzhen. The forum was guided by the China National Resources Recycling Association and jointly organized by the China Precious Metals Industry Committee (CPMIC) and Shenzhen Point Gold Precious Metals Co., Ltd.
This forum focused on new situations and problems such as the crisis of industry credibility, the definition of attributes in the recycling of waste three-way catalytic converters, and trends in hazardous waste management. It gathered the strength of relevant enterprises and institutions in the domestic and international precious metals industry chain, including recycling, refining, deep processing, application, research and development, finance, and futures, with over 500 top experts to provide strategies for challenges and development bottlenecks in securing precious metal raw materials, research and development and expansion of precious metal applications, and price fluctuations. It discussed new strategies and ideas for industrial development and international cooperation, showcased new developments and practices under the low-carbon dual circulation of the industry, and jointly explored and built a new channel for the high-quality development of China's precious metals industry.
Xu Junxiang, the Chairman of CRRA, expressed gratitude to all the organizers and supporters for their strong support of the forum in his opening speech. He pointed out that platinum group metals, as indispensable key functional materials, play an extremely important role and position in the development of national defense industry and emerging strategic industries. While developing in a self-regulated manner, it is necessary to fully strengthen technological innovation and low-carbon leadership, gradually enhance the industry's influence and voice in the global precious metals industry chain, jointly respond to new challenges in the new era, and promote the Chinese precious metals industry to move towards the high end of the global value chain.
The chairman of LPPM fully affirmed the pivotal position of the Chinese precious metals market in the global precious metals industry chain in his speech, as well as the role of CPMIC in international cooperation and market stability of the Chinese precious metals industry. He hopes to strengthen cooperation with CPMIC and the Chinese precious metals industry and the mutual recognition of relevant standards and qualifications, making joint efforts for the integrated development of the precious metals industry.
Mr Bian Jiang, the Executive Chairman of CPMIC, finally mentioned that after half a year of market self-'healing' and strengthening of enterprises' own risk prevention and control, as well as self-regulation in the industry, the overall confidence and trust in industrial development have basically been restored. Although the crisis of collecting three-way catalytic converters cannot yet be definitively concluded, the market fundamentals have not been significantly affected due to stable early-stage inventory and raw material import channels. He emphasized that in the face of new situations and challenges, enterprises must develop in a standardized manner, fully recognize the risks of the three-way catalytic converter collection market and regulatory risks, the legal definition risks of repurchasing and selling civilian jewelry, and focus on key elements such as industrial upgrading, intelligence level, technological innovation and research and development, and equipment upgrading, as well as extending the industrial chain. It is important to improve the public and students' awareness of the economic, environmental, and social effects of platinum group metals, promote industrial transformation and upgrading, enhance the overall level and core competitiveness of China's precious metals industry, and the prospects for platinum group metals remain broad.
During the forum, special planning and organization were carried out for the 'Platinum Palladium Futures Closed-Door Meeting', 'Precious Metals Industry Exhibition and Negotiation Meeting', and 'Roundtable Meeting of Women Entrepreneurs in the Precious Metals Industry'; the 'China Precious Metals Industry Development Service Manual' was released, showcasing the development status, achievements, and applicable equipment of member enterprises and representative enterprises. In-depth discussions and exchanges were held on the draft cooperation rules for platinum palladium futures, effectively promoting the listing process of platinum palladium futures and building a new platform for exchange and cooperation.
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