On November 13-14, Song Jianbo, chairman of Nanshan Holdings, was invited to attend the Group of KTT B20 Summit held in Bali, Indonesia. After the meeting, Chairman Song Jianbo called on Indonesian Maritime and investment Coordinating Minister Luhut Binsar Pandjaitan and Indonesian Investment Minister Bahlil Lahadalia respectively. The two sides discussed matters concerning deepening economic and trade cooperation and expanding special economic zones Discussions and exchanges were conducted, and Song Yinghao, vice chairman of Nanshan Holdings, accompanied the meeting.

The Group of KTT B20 Summit is an important industrial and commercial cooperation mechanism under the Group of KTT G20 Leaders Summit, and the primary platform for the international business community to participate in global economic governance and the formulation of international economic and trade rules. The key and hot issues of economic development form a policy recommendation report, which is directly submitted to the leaders of the G20, providing an important reference for the governments of the G20 member states to carry out policy coordination and promote the reform of global economic governance.

During the B20 Summit, Chairman Song Jianbo discussed opportunities and challenges, innovation and growth, cooperation and development, etc. In-depth exchanges were held to provide advice and suggestions for promoting strong, balanced and sustainable growth of the global economy.

During the exchange with Minister Luhut and Minister Bahlil Lahadaliah, Chairman Song Jianbo introduced the overall planning and layout of the Galang Batang Special Economic Zone. Chairman Song Jianbo said that the planning and development of the special zone adheres to the principle of high starting point and high standard. Next, the SAR will further expand its business scope, optimize its industrial structure, extend its industrial chain, promote the development of Indonesia’s industrialization through deep processing of mineral resources, enhance its economic strength and vitality, and improve Indonesia’s comprehensive competitiveness in the international market. Economic and trade cooperation with the Indonesian government.

The Indonesian government has provided important policy support for the local development of Nanshan Holdings. They have a deep and close cooperation foundation and a broad and long-term development vision. Nanshan Holdings is willing to actively participate in the process of industrialization in Indonesia and increase investment in Indonesia , Promote the implementation and landing of the industrial system chain extension, supplementary chain, chain extension, and strong chain strategic layout in special economic zones, and build an environmentally friendly, efficient, and clean park. It is hoped that the Indonesian government will continue to provide support and assistance to build the special zone into a larger and more influential Indonesian foreign investment demonstration project.

Minister Luhut said that Indonesia is rich in mineral resources. Currently, Indonesia is vigorously developing the downstream industries of mineral resources. The planning and development goals of the park are in line with Indonesia's industrialization development path, which is exactly what Indonesia needs. Nanshan Holdings is a responsible enterprise with strong strength and long-term vision. The development of Galang Batang Special Economic Zone has been highly praised by President Widodo and Indonesian governments at all levels. We also welcome Nanshan Holdings’ investment projects in Indonesia, especially the President When inspecting the special zone this year, he put forward important instructions for the development of downstream industries, which must be implemented in place. At the same time, the Indonesian government will fully support the development of new projects in the special zone, provide more jobs for local people, and make positive contributions to Indonesia's economic and social development.

This meeting affirmed the achievements of the cooperation and development between Nanshan Holdings and Indonesia, and deepened the cooperation relationship and confidence between the two parties in the future. Both sides agreed to combine Indonesia's rich natural resources with Nanshan Holdings' strong advantages in technology, talents and capital to jointly promote the development of the local industrial chain.