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    C&D Inc., LIFT the value.

    Xiamen C&D Inc. Stock Code: 600153.SH

    C&D Inc. made its fifth appearance at the China International Import Expo and worked with its partners to create a better future

    Date: 2022-11-07 | Source:C&D Inc.
    The Fifth China International Import Expo (hereinafter referred to as "the Expo") was in full swing. As one of the important purchasers of the Expo, C&D Inc. (600153.SH) completed a number of procurement and strategic cooperation contracts during the Expo. Owing to the Expo's "window effect" of opening to the outside world, coupled with the advantages of an international procurement platform, C&D shared the benefits with many of the world's top 500 enterprises and industry brands, and realized mutual development.

    Numerous cooperation agreements have reached an agreement, spreading out the Expo's dividends

    During the Expo (November 4-6), C&D Inc. held and took part in six different signing ceremonies. Partners include ILIM Group (an important enterprise in the world's forest, pulp, and paper industry), Syngenta (a global leading agricultural science and technology innovation enterprise), Olam (a listed agricultural product company in Singapore), Conex Bänninger (a German brand of whole-house connecting water services), Luckin Coffee (a well-known chain coffee brand), and SIPGL (Shanghai International Port Group Logistics), among others.

    ILIM Group
    C&D Inc. and ILIM Group signed a strategic cooperation agreement. This signaled that the two sides will work together to maintain the stability of pulp supply channels and expand cooperation in new categories such as craft paper.

    Olam & Syngenta
    C&D Inc. has successively signed cooperation agreements with Olam and Syngenta. The agreement aims to deepen the scale and depth of cooperation in the field of agricultural products, as they will be able to work together in the global market, realize the effective allocation of resources in the international supply chain of agricultural products, and work together to build a safe and stable global supply chain network for agricultural products.

    Luckin Coffee
    C&D Merchandise, a member of C&D Inc., signed a joint project agreement with Luckin Coffee (China) with an estimated total value of more than 2.5 billion yuan. Both aim to carry out an in-depth cooperation in the areas of overseas procurement supply chain, omnichannel sales of coffee products, and joint marketing activities.

    Conex Bänninger
    C&D Enviro, a subsidiary of C&D Inc., signed a strategic cooperation agreement with Conex Bänninger (China). Both aim to jointly create a new service system in the sector of metal pipelines and further contribute to the development of China's household quality water industry.

    Shanghai International Port Group Logistics (SIPGL)
    To better distribute logistical resources and achieve steady growth in scale and efficiency, C&D Inc. also signed a strategic cooperation agreement with Shanghai International Port Group Logistics (SIPGL) at the SIPGL headquarters during the Expo. Both sides plan to integrate domestic and international logistics resources and deepen cooperation in non-ferrous metals, pulp, automotive, and international logistics.

    Seize the Expo's opportunities that pave "the way for common development"

    In addition to cooperation agreements and contracts, C&D Inc. actively makes good use of the Expo's platform to honestly share their business experience with the industry, as well as consult and interact with new and old acquaintances to explore cooperation opportunities.
    On November 6th, the national list of "Modal Cases of Promoting Business with Integrity" was released and the Bank-Enterprise Meeting of Enterprises with Integrity was held at the National Exhibition and Convention Center (NECC) Shanghai, sponsored by the Ministry of Commerce. C&D Paper & Pulp, a member company of C&D Inc., stood out from among the many enterprises by its "Innovative International Credit Services: Implementation of the Belt and Road Initiative," a modal case of business integrity. Thus, it was successfully selected on the 2022 list of exemplary cases promoting business integrity. Zheng Yongda, C&D's General Manager and Party Secretary and Chairman of C&D Inc., attended the press conference and shared with those attending the management philosophy C&D Paper & Pulp's used when building its standard of integrity in the pulp and paper industry over the years.
    Zheng Yongda expressed that C&D Paper & Pulp has been deeply engaged in the pulp and paper industry for 30 years and is committed to the high-quality development of the pulp and paper industry chain. It tops the country in paper sales, pulp imports, and pulp sales in circulation in China. C&D Paper & Pulp has actively integrated into the national strategy and proactively shouldered the responsibility that state-owned enterprises should take on. It was one of the first in the industry to respond to the Belt and Road Initiative. It did this by cooperating with BRICS countries; promoting business integrity; standardizing enterprise management systems; empowering the industry's development with digitization; and enhancing the comprehensive might of enterprise development.
    During the Expo, Board Chairman Zheng Yongda, General Manager Lin Mao and other company leaders successively visited the booths of Marubeni, Itochu, LDC, Bunge, Fonterra, American Soybean Export Association, APP, Uruguay Beef Association (INAC), BHP Billiton, Vale, and other industrial chain partners and institutions to exchange business developments and exchange views on the future direction of their cooperation. Board Chairman Zheng Yongda and his party were also invited to visit Fonterra's newly upgraded Shanghai App Center.

    Five years of fruitful achievements have helped to open a new chapter in internationalization
    The Expo, which opens during the golden autumn each year, witnessed the "bumper harvest" of C&D Inc. As a "frequent guest" of the five consecutive sessions of the Expo, C&D Inc. has relied on the Expo, an open and shared global trading platform, to deepen its cooperation in sectors of the supply chain with dozens of partners in various global industrial chains. This has enabled the Expo to introduce high-quality resources from various industries into China, with its total intentional cooperation agreements valued at nearly 20 billion US dollars.
    At the opening ceremony of the Expo, General Secretary Xi Jinping indicated that the 20th CPC National Congress underscores adhering to the basic state policy of opening up to the outside world; firmly sticking to the opening strategy of mutual benefit and win-win results; following the proper direction of economic globalization; and amplifying the synergistic effect of both domestic and international market resources. Thus, we will continue to provide new opportunities for the world with China's new development and promote the building of an open world economy.
    C&D Inc. will deeply study and implement the spirit of the 20th CPC National Congress, as it actively exerts the "open window" effect of the Expo, conforms to the development trend of globalization, steps up the realization of an internationalized layout, and actively integrates into the new developmental pattern of domestic and international dual circulation. We aim to continue to expand the scale of international trade cooperation, work hand in hand with partners in the global industrial chain, share new opportunities for opening up and development, and create a bright future of opening up and prosperity. Only then can we help more people have a better quality of life.
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