Please enter the content you want to search
X
Location: Home > Company News > IBI Deepens Xinjiang Strategy with Return Visits to Government Leaders in Ili Prefecture and Kizilsu Prefecture

IBI Deepens Xinjiang Strategy with Return Visits to Government Leaders in Ili Prefecture and Kizilsu Prefecture

Date: Dec 29,2023 Source:Beijing United Information Technology Co., Ltd

Recently, a delegation of nine led by Qian Xiaojun, Founder, CEO & President of IBI, and Liu Zhai, Senior Vice President of IBI and CEO of Toodudu, visited Xinjiang. The group paid return visits to the governments of the Ili Kazakh Autonomous Prefecture (Ili Prefecture) and the Kizilsu Kirghiz Autonomous Prefecture (Kizilsu Prefecture). Discussions were held with Yang Xiuli, Secretary of the CPC Ili Prefecture Committee; Hao Jianmin, Deputy Secretary of the CPC Ili Prefecture Committee and Secretary of the CPC Horgos Municipal Committee; Wang Xuedong, Secretary of the CPC Kizilsu Prefecture Committee; Chen Liang, Executive Deputy Governor of Kizilsu Prefecture; Li Xinbin, Secretary of the CPC Atushi Municipal Committee; along with other relevant government officials from both prefectures. The talks focused on advancing IBI’s Xinjiang Strategy.


Xinjiang: A Strategic Hub for IBI

As a major industrial resource base and a core hub of the Belt and Road Initiative, Xinjiang has been a strategic focus for IBI since its listing in July 2019. The company’s Duoduo platforms have actively engaged with local enterprises and partners in areas such as platform transactions, mixed-ownership investment, cross-border operations, digital infrastructure, and the development of a vanadium-titanium new materials zero-carbon industrial park.
• Platform Transactions: Leveraging Xinjiang’s abundant energy, chemical, agricultural, and cotton textile resources, IBI’s annual trading volume in the region has exceeded one million tons and continues to grow rapidly.
• Mixed-Ownership Investment: By capitalizing on complementary strengths in resources and operations, IBI has participated in mixed-ownership reforms of subsidiaries under Xinjiang Construction & Consulting Group (11th Division) and Xinjiang Construction Investment Energy Co. (4th Division). It also helped the Xinjiang Production and Construction Corps establish the Xinjiang Energy & Chemical Network, now a key industrial internet platform for the Corps.
• Cross-Border Operations: Aligning with Xinjiang’s role as a Belt and Road hub and Free Trade Zone construction, IBI has advanced bonded warehouse and overseas warehouse operations. In Horgos and the Sino-Kazakh Joint Management Zone, it is developing a metaverse digital exhibition hall and a 24/7 global trading showroom, expanding industrial belts to Central Asia, Russia, and the Middle East.
• Digital Infrastructure: IBI is building digital cloud factories, digital industrial parks, and digital supply chain service systems in Xinjiang, while actively deploying integrated computing power centers to contribute to the national “Eastern Data, Western Computing” project.
• Vanadium-Titanium New Materials Zero-Carbon Industrial Park: Leveraging the rich vanadium-titanium magnetite resources of Atushi in southern Xinjiang, IBI — through Toodudu’s full-industry-chain resources and chain-leader role — is organizing major enterprises across the vanadium-titanium value chain (including titanium ore, titanium concentrate, high-titanium slag, titanium tetrachloride, titanium dioxide, sponge titanium, and titanium materials) to jointly build a high-standard zero-carbon industrial park. This initiative will maximize Xinjiang’s abundant resource and energy advantages to deliver cost-competitive, high-value products for both domestic and international markets.

During the exchanges, IBI emphasized that Xinjiang is a critical strategic stronghold for the company. Its Xinjiang initiatives embody IBI’s principle of “balancing light and heavy, regional implementation, and industrial collaboration to jointly advance local digital economy development.” By leveraging the chain-leader value of its Duoduo platforms and its organizational strength across industrial and supply chains, IBI aims to promote the relocation of related industries from eastern and central China to Xinjiang, thereby contributing to the high-quality growth of the region’s industrial economy.