Zijin Mining(SH:601899) Sou Hu Cai Jing·2026-01-14 10:15Core Insights - The retirement of Chen Jinghe, founder of Zijin Mining, marks the end of a significant era in the mining industry, reflecting generational changes among Chinese entrepreneurs and the ongoing industrial evolution [1][3]. Group 1: Chen Jinghe's Achievements - Born in 1955, Chen transformed a small county enterprise into a global leader in the mining sector, with the "Zijin system" comprising three listed companies valued at over 1.4 trillion yuan [3]. - Despite holding less than 1% of shares, Chen prioritized the company's future, expressing pride in the mining industry while acknowledging missed opportunities and management shortcomings [3]. Group 2: Zijin Mining's Strategic Moves - Zijin Mining has made significant acquisitions, including 100% ownership of the Arinac copper-gold mine in Peru and 95% of the Rosebel gold mine in Suriname, among others [5][6]. - The company has outlined a three-year plan (2023-2025) and a long-term goal for 2030, focusing on climate change initiatives, aiming for peak carbon emissions by 2029 and carbon neutrality by 2050 [5]. Group 3: Industry Evolution and Future Prospects - The transition from traditional industries to technology and innovation is evident, with new entrepreneurs emerging in the tech sector, such as the "Hangzhou Six Little Dragons," who are making strides in robotics and brain-machine interfaces [16][20]. - The ongoing generational shift in entrepreneurship highlights the need for traditional companies to embrace technology to ensure continuity and relevance in a rapidly changing market [20][21].