2023, the commencement ceremony of the sea sand operation project of cooperation between Shanwei Investment Control and Yiyatong was held in Shanwei, which marked that the Red Bay Sea Sand Project, which was directed and deployed by Shanwei Municipal Government and promoted by Shanwei Investment Control and Yiyatong, had officially taken root, and also meant that the layout of Yiyatong's large infrastructure industry had entered a new milestone.
It is understood that the sea sand project jointly operated by Shanwei Investment Control and Yiyatong is located in the sea area of Shigongliao Island, Honghai Bay, Shanwei City, Guangdong Province, on November 8, 2022. Shanwei Municipal Bureau of Natural Resources entrusts Shanwei Municipal Public Resources Trading Center to publicly transfer the sea area use right and sea sand mining right of JH21-08 Block in the sea area of Shigongnang Island, Shanwei City, Guangdong Province through the Announcement on Online Public Listing Transfer of Sea Area Use Right and Mining Right of Sea Sand Mining in Shanwei City (Shan Gong Zi Wang Gua Hai Sha Transfer [2022] No.02). According to the requirements of the listing announcement, Shanwei Investment Holding Co., Ltd. successfully won the sea area use right and sea sand mining right of JH21-08 block in Shanwei jurisdiction area of Guangdong Province on December 13, 2022. The sea area of the sea sand mining project in Block JH21-08 is 19,500 square meters, the reserves of raw ore resources are 34.8468 million cubic meters, the recoverable resources are 28.6052 million cubic meters, and the transfer period is 2 years and 2 months. On May 16,
2023, the sea sand project jointly operated by Shanwei Investment Holding Co., Ltd. and Yiyatong was officially unveiled. Thanks to the strong support of Shanwei Municipal Government and Shanwei Investment Control, as well as the joint efforts of partners and project teams, Yiyatong has integrated all partners and offshore operation resources, overcome multiple difficulties, and successively completed the approval of various documents and the preparatory work before mining. At the
opening ceremony, Peng Shaohua, Secretary of the Party Committee and Chairman of Shanwei Investment Control, said in his speech that Yiyatong is a subsidiary of Shenzhen Investment Control and the first listed supply chain enterprise in China. It has been awarded the title of "the first batch of national supply chain innovation and application demonstration enterprises" by the Ministry of Commerce and other eight units. It has a good reputation in the industry, strong economic strength and wide sales channels of sea sand. With the sincere cooperation and joint efforts of both sides, the successful bidding of the sea sand project opened a new chapter of cooperation between state-owned enterprises in Shenzhen and Shantou, effectively improved the operating income of state-owned enterprises in Shanwei, and injected new momentum into the local economic development of Shanwei. The commencement of the project is only the beginning, and early profit is the key. We hope that the project will grasp the golden construction period, and strive to improve efficiency on the premise of ensuring safety and quality of the project, so as to ensure the early production and early profit of the sea sand project. Shanwei Investment Control will continue to deepen its cooperation with Yiyatong Project, give full play to the leading role of state-owned enterprises, and contribute to the high-quality development of Shanwei. In his speech, Zhou Guohui, chairman and CEO
of Yiyatong Group, said that Yiyatong is committed to building an integrated digital comprehensive trading company with the characteristics of the new era, and has long been adhering to the mission of "supply chain changes China", promoting the transformation and upgrading of China's circulation industry and promoting the innovation and development of local industries. Since 2023, while vigorously developing supply chain services, Yiyatong has upgraded its industrial chain, focusing on ten major industrial tracks, such as infrastructure raw materials and new energy, to expand a number of potential and valuable industrial source projects and create new momentum for the high-quality development of China's industry. The strategic cooperation between Yiyatong and Shanwei Investment Control is an important layout of Yiyatong in infrastructure raw materials, an important initiative of Yiyatong in upgrading the industrial chain, integrating the source resources of infrastructure and focusing on the optimal value chain, which marks a new step in the integration and operation of marine resources.
Sea sand is an important mineral resource. As a building material, it can be widely used in the construction of large-scale engineering projects and land reclamation. In order to build a sand and gravel industry system with balanced supply and demand, reasonable price, green environmental protection, high quality and high efficiency, and promote the healthy and orderly development of the sand and gravel industry, the Guangdong Provincial Government has issued a series of policies related to sea sand in recent years, including market-oriented transfer of sea sand resources, pilot market-oriented transfer of non-resident islands, and standardization of sea sand soaking and washing management. Make the management of sea sand legal and protect the ecological environment of Guangdong sea area in an all-round way, which has a significant impact on the sand and gravel industry market in the Pearl River Delta and even Guangdong.
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