Recently, President Zhang Hua of our group led our group delegation to Handan, Hebei, to inspect our group Handan Electric Company. After on-site inspections, investigations and in-depth discussions and exchanges, our group delegation agreed that Linzhang is the homeland of the Three Kingdoms, the ancient capital of the Six Dynasties, and has a long history. The folk customs are simple, and the cultural environment is good. County leaders at all levels attach importance to enterprises, love enterprises, and support enterprises, and the business environment is good. The development zone has the advantages of transportation location, and the radiation effect is obvious. The electrical appliance industrial park has a good foundation. It is planned to use the Dyke electrical appliance industrial park to integrate the existing plant and machinery and equipment, and inject working capital into production immediately. At the same time can produce other international and domestic market electrical products.

At the symposium, President Zhang Hua introduced our group in detail and stated that our group upholds the business philosophy of “based on domestic, relying on the world, extensive cooperation, promoting development, honesty, quality service, hard work, pioneering and innovative” , Has established a good partnership with Southeast Asia, the Middle East, Europe, Africa and other regions and countries, the business scope has also expanded from a single resource recovery and comprehensive utilization to mineral resources investment and development, oil and gas exploration and development, petroleum products sales and petroleum equipment Supply; research and development of clean energy and alternative energy; investment and operation of environmental protection projects; financial services, financial guarantees; cultural media, education and training; research and application of communication technology and network technology; medicine; logistics and import and export trade; real estate development; parks Construction and other fields. At present, our group has developed into a group company with more than a dozen subsidiaries.

After the relevant county leaders negotiated with our group, a preliminary consensus was reached: our group invested in the Decker Electric Industrial Park project. Within a certain period of time, we will use the production capacity and potential of the electrical appliance industrial park to achieve an annual output of 3 million units of air conditioners, refrigerators, and washing machines. Leveraging the advantages of the electrical industrial park area, new high-value-added sophisticated projects, such as military gyroscope manufacturing and British refrigerated vaccine cabinet manufacturing, have been launched. The electric appliance industrial park will be transformed into an internationalized and modern new comprehensive industrial park integrating international logistics, international trade, e-commerce, and scientific and technological research and development. To achieve the goal of having at least 3,000-5,000 people in the county employed by the company.

Through this inspection, both parties expect to actively promote project development through joint efforts and achieve win-win cooperation as soon as possible. Our group plans to inject working capital to expand the production volume of washing machines and air-conditioning projects, and fulfill orders for Sinoma Group in South Africa, Southeast Asia and other Belt and Road countries. It is also hoped that the Linzhang County Government will grant special preferential policies in terms of land policy, taxation, etc., and assist in the establishment of new companies.