Recently, Zhao Mengda, CEO of Shenzhen Longcharm Holding Investment Co., Ltd. (hereinafter referred to as “Longcharm Group”), conducted a research and visit in Indonesia. During the visit, Shenzhen Longcharm Resources Investment Co., Ltd. (hereinafter referred to as “Longcharm Resources”) signed a service cooperation agreement with PT ALAM SUTERA. Longcharm Resources will provide comprehensive professional services covering project development consulting, financing structure design, M&A due diligence support, and market expansion strategies. The signing of this agreement marks the official launch of bilateral cooperation in Indonesia’s mineral resources sector and lays a solid foundation for subsequent project advancement.
On May 27, local time in Indonesia, Zhao Mengda invited the CNBM Indonesia team to jointly conduct an in-depth field survey of the gold mine in Jinshan County, Central Kalimantan, covering resource endowment, development conditions, and the industrial ecosystem. Subsequently, Zhao Mengda visited Jakarta, the capital of Indonesia, and held discussions with the senior management of PT ALAM SUTERA. The two sides exchanged views on project development, financing arrangements, cross-border M&A, market expansion, and other strategic cooperation matters, reaching broad consensus on engaging Longcharm Resources’ team to provide professional support.
The outcomes of this Indonesia research trip and the resulting cooperation represent a significant milestone in Longcharm Group’s internationalization strategy and its implementation of the Belt and Road Initiative, marking a substantial step forward in the Group’s strategic deployment in the global mineral resources sector. Longcharm Group will continue to uphold the principles of open cooperation and mutual benefit, fully leveraging its strengths in industrial investment, professional advisory, and cross‑border resource integration to contribute to China‑Indonesia industrial collaboration.