On July 18, Jiangxi NERIN Precious Metals Technology Co., Ltd (NPM) held the commencement ceremony for the Precious Metal Phase I Project at the recycling economy zone (phase III) in Fengcheng City.

Xie Yougen, the deputy mayor of Fengcheng city, Liang Keming, the general manager of NPM, and Xiong Zhenyu, the secretary of the Party Committee of Fengcheng recycling economy zone attended the ceremony, participated by directors of relevant governmental sectors, all the officers of the zone, all the staff of NPM and representatives from construction company and construction supervision company.

Liang Keming, the general manager, gave acknowledgement to the city government for support on the precious metals project and made introduction of the project development status and construction objective. He expressed the determination of the project team members to make close unity with sincerity, confidence, modesty, patience and good faith to achieve a business that is a returning to the shareholders, a guiding to the development and a feedback to the society.

Xie Yougen, the deputy mayor, gave thanks to NERIN for investment and establishment of the NPM project in Fengcheng city, and asked the relevant governmental sectors to provide good service and give full support on the project construction.

The NPM project has a total capital cost of 1.7 billion Yuan, and is a business startup project integrated of scientific research, industry and commerce with a primary goal of researching and developing the industrial leading NRT technologies and equipments.  The project is focused on establishing a benchmark in the precious metal industry and becoming the major innovation and research & development base for NERIN, and finally accomplishing a pacesetting enterprise in guiding the industrial development in China, which is featured by technology and driven by innovation. The project construction shall be completed by July 1, 2017 as planning.