On August 13, 2021, the signing ceremony for strategic cooperation between Water Group and the Planning and Construction Headquarters of Huizhou New Materials Industrial Park was grandly held at Huizhou Hotel in Huizhou City.
Feng Qizhong, Vice Mayor of Huizhou Municipal Government and Commander in Chief of the Command Headquarters, Fang Shaohong, Deputy Secretary General of the Municipal Government and Executive Deputy Commander in Chief of the Command Headquarters, Wang Xiqing, Director of the Management Committee and Deputy Commander in Chief of the Command Headquarters of the Huandaya Bay New Area, Zhou Yongkun, Member of the Standing Committee of the Huidong County Committee, Executive Deputy County Mayor, and Director of the Social Affairs Group of the Command Headquarters, Lin Wei, Dedicated Deputy Director of the Management Committee and Deputy Director of the Command Office of the Huandaya Bay New Area, Industrial Development Group, Planning and Environmental Protection Group The person in charge of the engineering construction team, chief engineer office, and industrial park company, Liu Ze'an, director of Shenzhen Wote New Materials Co., Ltd. and general manager of Huizhou Wote New Materials Co., Ltd., Guan Jing, deputy general manager of Huizhou Wote New Materials Co., Ltd., and Zhou Xiaozhou, director of research and development in South China, attended the signing ceremony. The signing ceremony was presided over by Fang Shaohong, Deputy Secretary General of the Municipal Government and Executive Deputy Commander in Chief of the Headquarters.
Wang Xiqing and Liu Ze'an signed the Strategic Cooperation Agreement on behalf of both parties. The agreement has been friendly negotiated with the planning and construction command of Huizhou New Materials Industrial Park. Based on the principles of complementary advantages, win-win cooperation, and common development, both parties will fully leverage their advantages in public engineering supply, land security, technical support, and scientific research and development management. We will strive to build a leading domestic production and research and development base for special polymer materials in the industrial park, enhance the market competitiveness of Water Group, and enhance the comprehensive strength of the industrial park.
The signing of this strategic cooperation agreement will help Water Group further improve its special polymer material business and strategic layout, and achieve the integration of the company's special polymer material industry chain by extending its layout upstream. At the same time, through the construction of a new base, the manufacturing level and capacity of the company's existing Huizhou production base will be improved, providing better products and services for downstream customers, especially those in the Guangdong Hong Kong Macao Greater Bay Area. Through the construction of a research and development center, the existing CNAS nationally recognized testing laboratory and Guangdong Provincial Engineering Technology Research and Development Center will be upgraded, attracting and cultivating outstanding talents, and reserving sufficient strength for the company's future development, Enhance the company's ability to repay shareholders.
Huizhou New Materials Industrial Park is located in Huidong County, Huizhou City, Guangdong Province, with a planned construction area of 30.2 square kilometers. To the north is the planned transportation artery Hengsi Road in Huizhou City, to the south is the Shenhai Expressway, to the east is the Guanghui Expressway, and to the west is the north-south transportation axis of Huizhou City, Huizhou No.1 Highway. The straight-line distance between this industrial park and the Daya Bay Petrochemical Zone is about 10 kilometers, which can form upstream and downstream supporting facilities. It will utilize the raw materials of the Daya Bay Petrochemical Zone to produce strategic emerging materials and high-end new materials. It is expected that the total investment will reach 150 billion yuan and the annual output value will be about 200 billion yuan by 2035, ultimately building it into a leading domestic new material industry base and a new material technology innovation base in the Guangdong Hong Kong Macao Greater Bay Area.