Introduction
AMG group mainly invests in mineral industry, which involves various important fields such as geological survey, mine, prospecting, mining, mineral processing, ore trade, smelting and other vertical industrial chains. At the same time, professional solutions for the relevant areas of the industry chain are provided to develop international trade, education, and business travel for customers and partners.
At present, AMG owns five manganese ore mines such as MK, MM, DP, GM and EM.The reserves of recoverable manganese ore resources exceed 200 million tons. And AMG also owns two chrome ore mines with proven reserves of more than 60 million tons of exploitable resources. AMG Group innovatively proposed “China-Africa cooperation in production capacity improvement” development initiatives and wholly purchased 7.7 square kilometers of industrial land in 2018 to develop AMG industrial park based on the argumentation research and trend judgment of the "China-Africa" development.
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AMG actively promotes cooperation between China and Africa mining resources and international production capacity. This is not only an objective need for economic development in China and South Africa, but also a demand for industrialization in developing countries and re-industrialization in developed countries. It is an important way to actively respond to the Belt and Road Initiative, promote cooperation among BRICS countries, expand South-South cooperation and deepen North-South cooperation.
Strategy
AMG is committed to the development of the mining industry chain to build a sustainable business platform between Africa and the globally active economy. And AMG supports the Belt and Road Initiative to promote the deep integration of African quality resources with China's advanced production capacity. In the next decade, AMG will explore new development model to build a business platform for mining, industry, finance and other parties to participate in a win-win cooperation by using the Internet and industrial intelligent technology, which will promote AMG to become an innovation-driven enterprise group.
Corporate governance
AMG is organizing and introducing knowledge-based professionals and implementing a flat governance structure to shift from a family system to a modern company system gradually.
● In the field of mineral industry management, apply mixed ownership and separate property and management rights to protect the interests of mine owners (BEE) and investors while giving full benefits to operators.
● In the field of entrepreneurship and innovation, adopt team organization mode which is market-driven and task-oriented to grant team the autonomy.
● In the field of cooperation, conduct equal and mutual communication with partners to achieve common value goals through intensive multilateral contacts, mutual benefit and interactive cooperation and have active and extensive cooperation with investors, economic organizations and social organizations.
Multiple Sharing Mechanism
AMG implements a hierarchical partnership system based on a corporate system. Participants in the business have the opportunity to participate in multiple sharing and realize value at different levels of investors, managers and partners.
At the investor level, a sound equity mechanism ensures investor rights and sustained stable returns. At the manager level, the management team is fully trusted and empowered and the rewards and benefits are given for value creation. Partners can gain the exclusive value of a partnership project and share the ultimate outcome of the business. Divide multiple interest units and establish a multiple sharing mechanism.
In order to better serve the market, AMG must actively absorb customers, suppliers and other external organizations and establish close contact with more stakeholders during the development process by sharing results, benefits and value to have a win- win cooperation.
Entrepreneurship
Entrepreneurship is the inner strength for the development of AMG. Entrepreneurship is not personal, but the collective spirit of the entrepreneurial team. AMG entrepreneurship can be summarized as: innovation and entrepreneurship, responsibility, sharing, trust, and leadership.
● Innovation & Entrepreneurship Innovation is the core of entrepreneurship and the driving force for AMG sustainable development. Entrepreneurs need to be enterprising and innovative to explore with pioneering spirit and improve with creativity.
● Responsibility Responsibility arises from mutual commitment in social relations and is an important indicator of a person's spiritual quality. Every AMG role means a responsibility. When we take a responsibility, we have to pay a certain price, but it also means the right to get rewards. We should be loyal to the cause, brave to bear with responsibility.
● Sharing Value creators can participate in the sharing of outcomes, interests and values.
● Trust Trust stems from value recognition and full trust in partners.
● Leadership Within the enterprise, leadership reflects organizational skills, cohesiveness and innovation; outside the enterprise, it is reflected in the influence of the industry and the establishment of trustworthy centripetal force to stakeholders.