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Huayou Cobalt Selected as an Innovative Case of Business for Good 2025
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Huayou Cobalt Selected as an Innovative Case of Business for Good 2025
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2025-06-16
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On May 23rd, the highly influential industry event "2025 Family Philanthropy Inheritance Exchange Conference" hosted by the Family Culture Inheritance and Charity Trust Committee of China Charity Federation was grandly convened. During this conference, Huayou Cobalt's Goromonzi Community Development Project in Zimbabwe stood out due to its innovative practice model and significant social outcomes, successfully being selected as one of the "2025 Innovative Cases of Business for Good". This honor not only recognizes Huayou Cobalt's achievements in community building but also highlights the company’s investment philosophy of contributing to local economic and social development wherever we invests, embodying the responsibility and commitment of "Responsible Huayou".

▲Li Zhongning, the director of the ESG and Sustainable Development Department (third from the right), accepted the award on behalf of the company.
The aim of this exchange conference is to thoroughly implement President Xi Jinping’s important instructions on encouraging participation in charitable activities and giving more love to society. It provides a platform for resource sharing and experience exchange, focusing on promoting innovation in donor services among wealth management institutions and charitable organizations, integrating family culture construction with effective philanthropy. The conference also facilitates experience sharing in areas such as grant-making foundations, corporate charity, and charitable trusts, aiming to deepen cooperation between the China Charity Federation, national-level charity organizations, entrepreneurs, and philanthropists to contribute towards achieving family philanthropy inheritance and common prosperity.
The Goromonzi Community Development Project in Zimbabwe is promoted by key organizations including the UN Global Compact’s Sino-African Sustainable Development Action Network and the Sustainable Infrastructure Construction for Accelerating SDGs under the “Belt and Road” Initiative. These entities pool resources and wisdom together. As a crucial supporting platform, Huayou Cobalt worked alongside three Chinese listed companies and the University of Zimbabwe to conduct comprehensive community feasibility studies, listening to the needs of local residents, resulting in widely recognized and positively received project plans.

▲Under the guidance of the teacher, people in the community knitted bibs to supplement their family income.
The project aims at comprehensively enhancing community development through systematic and diversified measures, covering four core sub-projects:
“Health Leads to Success” - A community health promotion program that uses innovative methods to disseminate health knowledge, integrates fun teaching methods and medical resources to enhance children's awareness of disease prevention and health literacy.
“Skills Lead to Success - Youth Vocational Program” - Precisely aligns market demands, offering customized vocational training courses to help young people acquire professional skills and gain decent employment opportunities, thereby improving their competitiveness in the job market.
“Weaving the Future” - Women empowerment projects focus on female group development, providing professional sewing skill training courses and establishing order connection channels to help women achieve economic independence and improve their social status.
“Energy Fairness Leads to Success” - A community power fairness project dedicated to promoting the popularization of green energy locally, providing stable and sustainable power support for students' learning, small business production, and young entrepreneurs’ startups, narrowing the gap in energy resource allocation.
Since settling in the Goromonzi region, Huayou has continuously improved local livelihoods through efforts in infrastructure construction, agricultural development, environmental protection, public health, and education. The implementation of this community development project represents a deepening extension of the company’s CSR philosophy, further promoting harmonious coexistence and coordinated development between the enterprise and local society, setting a benchmark for global business practices oriented towards social good.
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文字 ▏胡 穎
編輯 ▏呂亞晴
審核 ▏劉 強


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Southeast/South/East China Business Department, New Energy Marketing Centre
Ternary Cathode Materials Industry (Domestic Markets)
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Ternary Cathode Materials Industry (Japanese &Korean Markets)
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European& American Business Department, New Energy Marketing Center
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