On September 17, 2020, the Investment Promotion Delegation of Bayin goleng Mongolian Autonomous Prefecture and Luntai County Government of Xinjiang visited our company. Vice President Li aixing and general manager Li Zongming hosted the reception and held a report Symposium.

Yuan Jie, member of the Standing Committee of Luntai County Party committee and executive deputy county head; Yan Wenxin, member of the Party group and deputy head of Luntai County People's government; Zhang ruibing, deputy researcher of the Federation of industry and Commerce (General Chamber of Commerce) of the Autonomous Prefecture; Li Changbai, deputy director of the R & D Center for oil and land projects of the Autonomous Prefecture and head of the oil and gas section of the national development and Reform Commission; Wang Gang, Party Secretary of Luntai County Development Committee and director of grain and material reserve bureau; Xue Peng, lawyer of Xinjiang Tianxue law firm; He Mingqing, vice chairman of Bazhou Federation of industry and Commerce (General Chamber of Commerce) and President of Bazhou Fujian Chamber of Commerce; Han Ke, general manager of Investment Department of CSCEC Installation Group Co., Ltd; Wei Yongchao, senior manager of investment department; Li aixing, deputy director of quanjunda, Li Zongming, general manager, Tang Guangting, senior engineer of geological survey, Zheng Xiwu, deputy general manager of legal affairs, Shi Jinsong, senior investment consultant, Zheng Shibiao, chief financial officer, Weng Zhiliang, director of strategic investment, Li Yuling, director of supply chain business, Chen Jian, assistant chairman and director of office, and other leaders attended the report Symposium.

At the report symposium, general manager Li Zongming introduced the development process and group business of quanjunda to deputy county magistrate Yuan Jie and his party. Quan Junda was engaged in the engineering construction industry in the early stage, mainly engaged in the construction of water conservancy and hydropower projects, established a close and good cooperative relationship with power plants in Fujian Province, keenly obtained business opportunities in the coal market, and realized the major transformation of the company to the investment and development of coal and other mineral resources. After more than 20 years of development, it has formed a diversified and group enterprise focusing on bulk supply chain, logistics and minerals, supplemented by engineering construction and real estate. In response to one belt, one road initiative and the other side's initiative, Quan Chun Da invested and established Xinjiang Lihong Logistics Co., Ltd. to actively and continuously participate in the development of the western region. At present and in the next few years, quanjunda will pay more attention to the comprehensive integration and improvement of the company's multi industry chain, complement each other's advantages and share resources with strategic partners.

Vice chairman Li aixing made a report on the implementation vision and outline of Xinjiang Dongchen industrial cluster. It is quanjunda's strategic choice to actively and sustainably participate in the investment and development in Xinjiang. Based on our good practice in regional development in Xinjiang and our own ability, we hope to take the successful bankruptcy and reorganization of Dongchen industry and trade as an opportunity to further integrate our resources and those in Xinjiang, and give full play to our role in bulk products, supply chain logistics, coal mining Coal chemical industry development and other industrial advantages, and gather the advantages of capital, technology and management team, deeply cultivate Xinjiang, take the establishment of Dongchen industrial cluster as the platform, realize the simultaneous development of our coal production base and coal chemical industry, the construction of special railway lines for coal and dangerous chemicals and the seamless link of all kinds of logistics trade, and form a large pattern echoed by north-south industries. Our company is confident one belt, one road, and the other is the Xinjiang area.

Deputy county magistrate Yuan Jie listened carefully to the report on the implementation outline of the proposed establishment of Xinjiang Dongchen industrial cluster made by Vice Chairman Li aixing of our company, and gave high evaluation and full affirmation to the results of our in-depth, detailed and pragmatic research work, as well as the confidence and courage to restructure Dongchen Industrial cluster shown in the implementation outline.

During the discussion, deputy county magistrate Yuan Jie introduced in detail the current situation of geography and economy of Luntai County, Bayin guoleng Mongolian Autonomous Prefecture, Xinjiang. Luntai County is the main traffic road in northern and southern Xinjiang. It is located at the intersection of the four prefectures in southern Xinjiang into the capital Urumqi. Its strategic position is very important. Luntai has a long history and culture and is rich in resources. At present, economic development is the primary task of Luntai County Government. Luntai County welcomes enterprises from all over the country to develop and invest in Luntai County, especially those enterprises with strength, coal and logistics experience and railway transportation advantages like quanjunda, to jointly build Luntai County, give further play to the advantages of local resources, optimize and extend the industrial chain and create a new situation of mutual benefit and win-win.

Since this year, quanjunda has actively responded to the national "internal circular economy" policy, given full play to the empirical advantages of deep cultivation of multi industry chain, and constantly explored the development direction of expanding domestic demand and promoting investment with domestic recycling as the main body. As a national strategic area, Northwest China such as Xinjiang has a vast territory, extremely rich natural resources and huge industrial potential. It is not only the key carrier of economic internal circulation, but also an important area for our future development.

The report Symposium further deepened the understanding of Bazhou and Luntai County Governments on our strategy of "developing the West and deeply cultivating Xinjiang", and further strengthened our confidence in investing in Xinjiang, especially in Luntai, and establishing coal and coal chemical industry clusters. We have reason to believe that with the support of the local government and strategic partner enterprises, our company will continue to steadily expand its business in Xinjiang. And take this as the focus to leverage the sustainable development of our business in Northwest China and help build a domestic industrial chain circulation system.