On April 15, 2026, a delegation led by Li Huawei, Secretary of the Party Committee and Chairman of the Board of the Group Company, visited CABR Foundation Engineering Co., Ltd. (hereinafter referred to as "CABR Foundation") for an exchange and signed a cooperation framework agreement with CABR Foundation. The delegation included Liu Jingjing, Deputy Secretary of the Party Committee and General Manager; Liu Liping, Member of the Party Committee and Deputy General Manager; Hu Jianmin, Member of the Party Committee and Chief Economist; Sun Yunqing, Deputy Secretary of the Party Committee and Labor Union Chair; Li Youdong, Member of the Party Committee for Discipline Inspection and Chairman of the Board of Supervisors; as well as Wang Houxing, Director of the Safety Production Department, and Shang Weidong, Director of the Technology and Quality Department. The CABR Foundation leadership team, including Gao Wensheng, Secretary of the Party Committee and Chairman of the Board; Wu Chunqiu, Deputy Secretary of the Party Committee and General Manager; Yang Shenggui, Member of the Party Committee and Chief Engineer; Liang Tong, Member of the Party Committee and Chief Accountant; and Tong Jianxing, Member of the Party Committee and Deputy General Manager, warmly received the delegation and participated in the symposium.
CABR Foundation Chairman Gao Wensheng extended a warm welcome to Chairman Li Huawei and his delegation. He introduced CABR Foundation's development overview, core competitiveness, business layout, and achievements, emphasizing that the company has always adhered to the deep integration of scientific research and engineering practice. In core business areas such as foundation technology research and development, code compilation, and technical consulting services, CABR Foundation possesses significant technological leadership advantages. He expressed the desire to deepen practical cooperation with the Group Company, achieve resource complementarity, and jointly expand development space.
Chairman Li Huawei expressed sincere gratitude for CABR Foundation's warm reception. He introduced the Group Company's development history, the "Dual-Market, Dual-Headquarters" strategic layout, the business model of " focusing on our core while pursuing moderate diversification " core business segment arrangements, and domestic and international market expansion achievements. He noted that the purpose of this visit was to deepen mutual trust and build consensus, hoping to precisely align each party's strengths, identify cooperation points, and promote the practical implementation of various cooperative initiatives for mutual benefit and win-win results.
In the presence of all attending participants, General Manager Liu Jingjing and General Manager Wu Chunqiu signed the bilateral cooperation framework agreement. The agreement establishes cooperation principles of "leveraging respective strengths, win-win cooperation, mutual trust, and mutual benefit," and identifies cooperation directions in multiple areas including technology research and development, engineering project collaboration, market expansion, talent exchange, and scientific research excellence. This signing marks the official entry of the bilateral cooperation into a new stage of standardized, in-depth development.
This exchange visit and signing ceremony not only deepened mutual trust and understanding between the two parties but also built a pragmatic and efficient bridge for cooperation. Going forward, both sides will be guided by the cooperation framework agreement signed this time, fully leverage their respective core strengths, accelerate the implementation of various cooperative initiatives, continuously expand cooperation space, enhance cooperation efficiency, jointly strengthen core competitiveness, and contribute to the high-quality development of the industry.
