On the morning of August 15, the company signed a strategic cooperation framework agreement with Shanghai Genesis Pangu Asset Management Co., Ltd. and Suzhou International Hotel, and Tao Zhenjia, chairman and general manager of the company, fulfilled the formal agreement signing procedures with Zhao Meng, deputy general manager of the partner on behalf of the company. Vice Mayor Luo Hong attended the signing ceremony; The relevant departments directly in the city, the related person in charge of the Yongqiao District government, etc. attended the ceremony.

At the signing ceremony, Mr. Tao delivered an important speech and first congratulated the two enterprises on the signing of the strategic cooperation framework agreement. He pointed out that Shanghai Genesis Pangu Company is a well-known domestic investment company with strong strength. After more than a year of contact, communication and negotiation, today, we finally become a strategic partner and jointly establish a new company. After the establishment of the new company, one is to undertake the original Xuelong factory relocation project; Second, the two sides should work together to achieve complementary advantages and make the new company stronger and bigger as soon as possible. At the same time, Mr. Tao also pointed out that the municipal government implemented major measures to withdraw from the city and enter the park, which provided a rare development opportunity for our company; Shanghai Pangu has chosen us as a strategic partner, which brings us new opportunities for development. In this regard, the company will make full use of these two development opportunities, and Shanghai Trangenesis Pangu sincere cooperation, hand in hand, first, according to the "product positioning, production process route design, production line technology and equipment selection, waste gas treatment, engineering construction quality" and other five high starting point requirements, carefully organized, speed up the progress, do a good job in the overall relocation of the factory project construction. Strive to complete and put into operation as soon as possible. The second is to make use of the advantages of Shanghai Pangu Company in enterprise management, project financing and capital operation, so as to manage and operate the new company well, and realize the strategic goal of Xuelong becoming stronger and bigger as soon as possible.

After the signing ceremony, the leaders and representatives of the two sides took a group photo

Signing ceremony site

Mr. Tao spoke at the signing ceremony

The two sides sign an agreement

General Manager Tao and Shanghai Pangu Zhao general agreement signed successfully