From February 24 to March 1, 2025, Professor Bai Chong’en, Vice Chairman of the China Federation of Industry and Commerce, Senior Professor at the School of Humanities at Tsinghua University, and Dean of the School of Economics and Management at Tsinghua University, led the 11th cohort of the JINGJIE Class Entrepreneur Study Program on an academic visit to Indonesia. During this visit, the Chairman of the Board of Directors of GEM Group, Professor Xu Kaihua, warmly welcomed the guests.

On February 25, during a visit to APP Sinar Mas Group, a Fortune Global 500 company ranked 358th, Huang Rongnian, Executive Director of APP Sinar Mas, expressed deep appreciation for Professor Xu Kaihua’s success in establishing the world’s first project for processing low-grade laterite nickel ore using HPAL technology. He also praised GEM’s flexible overseas investment model based on “technology and cultural integration” and its strong commitment to education development.

From February 26 to 27, the JINGJIE Class study team visited the QMB Industrial Park for study and knowledge exchange. Greeted warmly by Chinese and Indonesian employees, Professor Bai Chong’en and his delegation toured the “Technology + Smart + Green” industrial park to gain deeper insights into QMB’s development history and technological processes. They also inspected the precursor production line and wrote an inspiring message on the Green Passport: “Global Cooperation, Creating a Sustainable Future”, as a recognition of and hope for QMB sustainable development and international cooperation. Additionally, they visited the newly built grand mosque and ESG-supporting facilities in the employee residential area, experiencing firsthand how QMB implements the concept of cultural integration in its environment.

At the “New Path for Chinese Enterprises Going Global – Opportunities and Challenges in Southeast Asia” event, Professor Xu Kaihua shared insights on the “Technology + Culture” model for overseas expansion. He elaborated on GEM Co., Ltd.'s exploration and achievements in capital expansion, market expansion, industrial expansion, technology expansion, and cultural expansion over the past decade. He also emphasized the importance of balancing “what is gained and what is given” in the journey of international expansion. Additionally, Professor Xu outlined GEM’s future strategic plans, committing to advancing green and low-carbon industries with higher standards and aspiring to position GEM as a global leader in green and low-carbon industries.

Professor Bai Chong’en and his team highlighted that QMB successful experience serves as an important reference for Chinese companies seeking to expand overseas. They emphasized three key points:

1. In the process of global expansion, enterprises must adapt to and integrate with the development needs of the host country, contributing to the local economy, social welfare, and environmental protection, thereby fostering mutual growth between the company and the host nation.

2. QMB has successfully implemented an industrial chain expansion strategy, strengthening the supply of key raw materials and ensuring that all stakeholders benefit together. Through these concrete actions, QMB has helped establish a positive image for Chinese enterprises in global expansion.

3. Overseas expansion is not an individual effort but requires collaboration and support among Chinese enterprises. By working together and fostering synergy, companies can collectively tackle challenges and create a sustainable and mutually beneficial global expansion ecosystem.