To effectively integrate resources, continuously enhance the company's research and development capabilities and production management level, and effectively expand the sales market for special resins at home and abroad, a deep cooperation agreement signing ceremony between our company and Henan Hebi Hage Chemical Technology Co., Ltd. was grandly held in the Hage Conference Hall at 3 PM on January 12, 2021. Our Chairman Shuang Chen Dong and Hage Chairman Zhang Yuwei signed the agreement respectively. When the two chairmen exchanged the agreement texts and took a group photo, the signing ceremony was met with a warm round of applause.
Following the signing ceremony, both chairmen and relevant management personnel engaged in a roundtable discussion on the future goals, directions, routes, and current focus points of the corporate collaboration.
Chairman Chen Dong sincerely thanks Hagle Chemical for the comprehensive support and assistance provided to New Material Co. in the resin production process over the past two and a half years, and expresses heartfelt admiration for the significant achievements Hagle Chemical has made through years of effort. Following the signing of the deepened cooperation agreement, New Material Co. will honor the commitments made in the agreement, leveraging its scientific research and technological advantages to offer substantial support to Hagle Chemical in areas such as the improvement of special resin production processes and equipment, new product development, personnel training and advancement, patent applications, award submissions, and the resourceful treatment of wastewater.
Chairman Zhang Yawei stated that in accordance with the agreement, the company will comprehensively deepen its cooperation with the New Materials Company, particularly in supporting the collection of market information and the expansion of sales markets for special resins domestically and internationally. It is hoped that the New Materials Company will systematically train and improve the research and development personnel and management staff of Hagle Company, considering the actual lack of experienced R&D staff and the low level of expertise. Following a detailed introduction by Chairman Zhang on the establishment of a science and technology R&D platform and the development of a research center at Hagle Company, it was announced that a new R&D building is set to be constructed. The company wishes for the New Materials Company to actively participate in the platform's construction, creating conditions to establish a research center for Hagle Resin at Nanjing University, setting up a graduate student workstation, and assigning dedicated personnel to reside at the research center long-term. This will bring significant benefits to the research and production of resins and the upgrade of product quality. This news sparked keen interest from both chairmen, who expressed the intention to quickly make preliminary plans around the establishment of the research center, presenting practical and operational solutions for timely communication and negotiations with Hagle Chemical, with a focus on achieving tangible results.
HaiGe Chemical General Manager Zhang Zhiguo, Sales Manager Yang Li, New Material Company General Manager Li Zhengbin, Executive Vice President Qian Ming, and other relevant personnel from both sides attended the signing ceremony.