Fuyang City and SINOMACH signed a cooperation agreement

On the afternoon of November 21, the signing ceremony for the key industrial projects in Zhengzhou City was held at Yuda International Trade Hotel. Fuyang City and SINOMACH signed Zhengzhou City leaders Wu Tianjun, Ma Wei, Sun Jinxian, Wang Yuehua, Liu Quanxin, Ma Jian, Niu Xiling and Municipal Government Secretary Wu Zhonghua attended the signing ceremony; Fuyang City leaders Ma Suowen, Yuan Sanjun, Wang Xinting, Teng Fei Fang Ben chose to participate in the signing ceremony. Xu Jian, President of China National Machinery Industry Corporation (hereinafter referred to as "SINOMACC"), Liu Dagong, Vice President, and Member of SINOMACH: Zhao Jingkong, Chairman of the Sixth Design and Research Institute of Machinery Industry, and Zhao Xinli, Deputy General Manager Zhu Feng, Director of Zhengzhou Abrasives Grinding Research Institute, Qi Junliang, Party Secretary of China Abrasives Import and Export Corporation, and General Manager Yang Kaimin; Hu Aili, General Manager of Baige Abrasives Co., Ltd. attended the signing ceremony. At the ceremony, Zhengzhou Municipal People's Government and China Machinery Industry Group Co., Ltd. signed the "Strategic Cooperation Framework Agreement." Mayor Yuan Sanjun represented the Xiangyang Municipal People's Government, and Vice President Liu Dagong signed the Cooperation Agreement on behalf of China National Machinery Industry Corporation. In May of this year, Zhengzhou Municipal Party Committee and Municipal Government issued Zheng Fa (2012) No. 13 Document “Implementation Opinions on Further Optimizing the Distribution of Leading Industries”, clearly supporting the key development of Fuyang City's new material industry based on superhard materials. In order to implement this decision-making arrangement, Xiangyang City started cooperation and negotiation with SINOMACH. After nearly half a year of repeated consultations, the two parties adhered to the principle of “mutual benefit, complementary advantages and common development”, focusing on the location advantages, industrial advantages, talent advantages of Zhengzhou City and Fuyang City, and the brand advantages, technological advantages and funds of SINOMACH. The advantages and management advantages are integrated and complemented, and the SINOMACH invested 3 billion yuan to establish cooperation in the construction of the SINOMACH Seiko Group in the Zhengzhou New Material Industry Cluster Area in Fuyang City. Fuyang City and SINOMACH have negotiated that China Machinery Industry Group Co., Ltd. will provide its modern planning, design and equipment platform for its overall development with the Sixth Design and Research Institute Co., Ltd. of its Machinery Industry, with the restructured affiliates as the modern production platform. With Zhengzhou Abrasives Grinding and Grinding Research Institute as the R&D and innovation platform, China Abrasives Import & Export Co., Ltd. is the marketing and trade platform, which comprehensively builds the science, industry and trade in one, and the industrial chain is perfect. China's largest and world-renowned national machine Seiko The group, the group plans to achieve sales revenue of 3 billion yuan within three years, and sales revenue of 7 billion yuan in five years. The successful signing of the cooperation between China National Machinery Industry Group Co., Ltd. and Fuyang City is another major achievement in the investment promotion work of Xiangyang City. It will definitely play an important leading role in the investment attraction of Zhengzhou New Material Industry Cluster in Fuyang City. The construction and development of the agglomeration area provides solid support.

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