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24th February, 2021 CSTG News in Brief
Release time: 2021.02.26 Source: CSTG

On February 24, 2021, Zhang Yang, Chairman of China Zhong An Peace Holding Co., Ltd. (CZAP), Ni Zhijian, General Manager of CZAP and others visited China Security Technology Group Co., Ltd. (CSTG). The both sides had discussions on overseas security cooperation and other issues.

CZAP is a state-owned enterprise, providing security as its core business and operating with interdisciplinary and diversified management. CZAP is also providing a series of integrated security services including risks analysis, security evaluation, risks control and security management for the global markets in accordance with different national conditions.

At the meeting, Tan Feng, President of CSTG, welcomed the Chairman Zhang Yang and his subordinates. Gu Guanghua, Manager of CSTG introduced CSTG's background, business development and localization construction situation to Chairman Zhang Yang. During the meeting, President Tan Feng elaborated his viewpoints on CSTG's Africa strategic plan to Chairman Zhang Yang, "There are 54 countries in Africa, and China will invest more than one trillion RMB in Africa. CSTG's mission is to serve overseas Chinese enterprises and overseas Chinese. During the process of investment in Africa, a large number of farmers have turned into industrial workers. As the political stability increasing, relying on Chinese-funded projects, security enterprises have great opportunities and development potential in the African market. This is one of the reasons why CSTG is planning to focus on Africa over the next five years."

Chairman Zhang Yang highly endorsed the viewpoints of President Tan Feng. In addition, Zhang Yang said: "To open up the overseas security market needs full enthusiasm, insistence, early stage research and later stage refinement, which are indispensable. At present, Chinese security companies are still at the bottom of the food chain in overseas markets, and there is a certain gap between them and European and American security companies in terms of knowledge, technology and management. Although both CZAP and CSTG are security companies, the early warning, country risk analysis and emergency rescue services of CZAP shows that the two companies are not homogenous, but complementary, which provides a huge space for cooperation between the two sides.

At the end of the meeting, Mr. Zhang thanked Mr. Tan Feng for his invitation, and said that through the communication and discussion at the meeting, both sides have deepened their understanding of each other. Chairman Zhang Yang sincerely invites President Tan Feng to visit CZAP Training Base in early March and have in-depth discussion on cooperation issues.