LYDD Signed a Strategic Cooperation Agreement with China Gansu International Economic and Technical Cooperation Co., Ltd

On April 23, LYDD and China Gansu International Economic and Technical Cooperation Co., Ltd. (hereinafter referred to as "China Gansu International") held a strategic cooperation signing ceremony at LYDD's Beijing headquarters, Zou Xiaoxue, Vice President of LYDD and Director of the New Materials Division, and Li Wenen, Deputy Secretary of the Party Committee and General Manager of China Gansu International Economic and Technical Cooperation Co., Ltd., attended the signing ceremony as representatives of both parties and officially signed the contract. Li Faxing, Deputy General Manager of Zhonggan International and General Manager of Zhonggan International Beijing Company, Zhang Bing, General Manager of Zhonggan International Materials Company, Cai Qingwei, Director of International Trade Department of Zhonggan International, Lei Jinguo, General Manager of Jiahe Gas Group, and Zhang Yahui, Vice President and Director of Public Utilities Department of LYDD, witnessed the signing event.

China Gansu International Economic and Technical Cooperation Co., Ltd. (hereinafter referred to as "Gansu Gansu International"), as an international brand operator of Gansu Construction Investment (Holdings) Group Co., Ltd. (hereinafter referred to as "Gansu Construction Investment"), one of China's top 500 enterprises, is a multinational operating company integrating international economic, technical and labor cooperation, pharmaceutical manufacturing, hotel management, international real estate development, domestic housing construction general contracting and other diversified businesses with international engineering contracting and international trade as its main business.

According to the agreement, in order to strengthen the diversified and multi-level in-depth cooperation between the two sides in the field of industrial chain and supply chain, focusing on the investment and construction needs of China-Gansu international enterprises and their bulk trade business needs, relying on the platforms, funds and channels of China-Gansu international state-owned enterprises and long-term advantages roots in Angola, Belarus, Zimbabwe, Indonesia, Pakistan, Azerobia, Kenya and other domestic and foreign markets, combined with the operation of LYDD PTDCloud industrial Internet platform, actively integrate resources, and form ecological strategic cooperation with China and Gansu International. Based on the transaction digitalization service system, the two parties will jointly build a bulk trade procurement platform, including fertilizers, vehicles, machinery and equipment, bulk building materials, factory raw materials or raw materials required for factory production. Based on the extension of the transaction supply chain, the implementation of digital factories, advanced intelligent manufacturing concepts and technical evaluation methods, the two parties will work together to build a digital supply chain system such as LYDD digital cloud factory, cloud warehouse cloud logistics, and digital industrial park, so as to reduce costs, improve quality and increase efficiency of production enterprises. At the same time, the ecological cooperation will also provide strong support for the development of LYDD's CNAUTO platform and the realization of the strategic goal of 1,000 cloud factories in five years.

Full of confidence and hope, under the framework of the "Belt and Road" cooperation, LYDD and China Gansu International Economic and Technical Cooperation Co., Ltd. will give full play to their own advantages, actively carry out international cooperation, promote the integration of online and offline industries and close integration at home and abroad, interconnect industries, actively integrate into the global supply chain, industrial chain and value chain, and create a model of industrial Internet cooperation.