A Chinese security group and a South African private security company have joined forces in a new venture
On December 20 2014, HW Raid Security Pty.Ltd, a joint venture by Shandong Huawei Security Group from China and Raid Private Security from South Africa, announced its official founding in Johannesburg.
The opening ceremony and press conference was held at the Birchwood hotel, Johannesburg, on the morning of December 20.
Over 70 guests from the Chinese Embassy, Consulate General, Economic and Commercial Counselors office of the Embassy, South Africa-China Economy and Trade Association, Chinese Companies in South Africa and other local societies were in attendance at the ceremony.
Senior Advisor of Huawei Security Group, John Jiang, hosted the ceremony.
Xun Jin Qing, who is the chairperson of Huawei Security Group and the new HW Raid Security, made a welcome speech.
Director and General Manager Frans Van Niekerk presented the company briefing and business plan to the guests.
Guests from the Economic and Commercial Counselors office of the Embassy and the South Africa-China Economy and Trade Association, respectively gave the speeches to express their congratulations.
During the ceremony, a Memorandum of Understanding (MOU) stating the terms of collaboration between HW Raid Security and China Minmetals First ChromeMining Co, China Zendai Group and China Xinguang Industrial Group was signed.
Finally an unveiling ceremony was conducted by distinguished guests for both HW Raid Security and Huawei Security Group representative office in South Africa.
HW Raid Security is the first joint venture security services set up between a Chinese security company and a local security services provider.
The main objective for HW Raid Security is to provide security services to protect lives and assets for Chinese business and people in South Africa.
The founding of HW Raid Security signified a mile-stone for Chinese security companies travelling across continents and countries to protect their national interests and the interest of Chinese overseas investors.