On May 26, 2020, Mr. Zhao Sikui, general manager of Jantle Marine, and the partner Mr. Li Suyu, general manager of Shanghai Dual Panorama Maritime, accompanied Mr. Zhang Zhao, general manager of Wuhu Shipyardto visit Hebei Hengsheng Pumps.

Mr. Wang Xu, Chairman of Hengsheng Pumps, and its senior leaders warmly received and accompanied the whole visit to the workshopof machining, inspection, metering, heat treatment, assembly, painting, finalassembly, etc., and then carried out in-depth communication in the conference room.

Through visits, exchanges and interactions, the three parties have enhanced mutual understanding and built mutual trust. With the goal of mutual benefit and common development, the three parties have signed the Strategic Cooperation Framework Agreement, jointly opened up domestic and overseas markets, and jointly promoted Chinese shipbuilding to the world.

Hengsheng Pumps is a key enterprise integrating R&D, manufacturing and service of various industrial pump products in China, withnearly 50 years of experience in industrial pump manufacturing. Over the years,it has provided products for large engineering projects such as the manufacture of national defense ships, oil field transportation hubs, nuclear power units, national grain reserves and oil field west-east gas transmission.

Wuhu Shipyard is an old military enterprise with a history of 120 years. It has a long history of shipbuilding and rich experience in shipbuilding. It is one of the few active shipbuilding enterprises in China.

The signing of this cooperation agreement is of great significance for the three parties in response to the current severe situation of the international shipbuilding market and promote the developmentof the shipbuilding industry. The three parties will jointly develop and enterthe international market on the basis of equality and mutual benefit.