In January 2024, Zhonghuan International and Fajr Construction Company of Saudi Arabia signed a memorandum of understanding agreement, and the two sides reached a cooperation 

                                                      International Cooperation: Win-Win Advantages

Zhonghuan International and Saudi FCC Group signed a comprehensive cooperation agreement to establish a cooperation alliance. FCC Group of Saudi Arabia will mine its own gold mine, and Zhonghuan International will assist in the exploration, mining and sales of gold mine through its own technology, team and equipment.

The two sides successfully reached a consensus that Saudi FCC Group will promote the implementation of the next mine development project around this signed MOU agreement. The signing of this MOU determines that the two sides will take the establishment of a joint venture company as the starting point, resourceful mining as the top-level design, and high-efficiency green production capacity as the development direction. Zhonghuan International will give full play to its strong technical background and industrial advantages to complete the all-round and integrated process of gold mining, production and sales. The international mine development marks another milestone of Zhonghuan International's mining and extracting projects, and it also becomes a new step in the Saudi Arabia strategic plate.

                                                                       Saudi FCC Group introduction

Since its inception in 1993, Fajr Construction Company has been a major player in the mining extractive industry. With its own business capabilities, excellent resources, rich experience and excellent track record, FCC Group has grown into a household name among Saudi mining enterprises