Conch Cement Subsidiary Signs Strategic Cooperation Agreement with Shangrao Guofa Group

of January 30, Yu Zuhua, Party Secretary and Chairman of Guofa Group of Shangrao City, Jiangxi Province, led all members of the Group's team, senior executives, relevant departments of the Group and responsible persons of Transportation Resources Company to Yiyang Conch Company for investigation and exchange, and signed a strategic cooperation agreement with Yiyang Conch Cement Company. Ke Weidong, President of Conch Cement Jiangxi Region, Wang Zhangwei, General Manager of Yiyang Conch Cement Company, and other relevant leaders participated in the above activities. Zhou Guojun, Deputy Secretary of the Party Committee and General Manager of Shangrao Guofa Group, and Wang Zhangwei, General Manager of Yiyang Conch Company signed the strategic cooperation agreement on behalf of both sides. Before

signing the agreement, Yu Zuhua and his delegation visited Yiyang Conch 6 million tons/year aggregate project, Conch environmental protection fly ash washing project and intelligent control center, and got a detailed understanding of the industrial layout, development process and project operation of Yiyang Conch Company.

Subsequently, the two sides held discussions and exchanges on fine management of enterprises, cost reduction and efficiency enhancement, and improvement of core competitiveness. At the

symposium, Yu Zuhua briefly introduced the business situation and future development advantages of Shangrao Guofa Group, and highly praised the development achievements of Yiyang Conch Company in the whole industry chain and the whole process intellectualization.

He said that last year, the strategic cooperation between the two sides has achieved remarkable results. At present, Guofa Group is in an important stage of transformation from platform to marketization, materialization and specialization. Next, we will organize relevant departments and subsidiaries to study in Yiyang Conch Company on fine management, cost reduction and efficiency enhancement, and core competitiveness improvement. It is hoped that in the new year, the cooperation between the two sides will be closer. On the basis of focusing on the cooperation in the purchase and sale of cement and aggregates, the two sides will further explore ways to expand the depth and breadth of cooperation, make every effort to complement each other's advantages and share resources, strengthen communication, coordination and docking, and promote the landing of more cooperation projects, so as to achieve mutual benefit and joint development.

Ke Weidong welcomed Yu Zuhua and his delegation and briefly introduced the regional production and operation and industrial layout of Jiangxi. He said that since the establishment of the cooperative relationship in 2022, the scale of cooperation between the two sides has been expanding, the cooperation in cement and aggregate business sectors has achieved remarkable results, and the two sides still have a lot of room for cooperation, hoping to achieve win-win development through strategic cooperation. Established in December 2006

, Yiyang Conch Cement Co., Ltd. is a cement and aggregate production base invested by Anhui Conch Cement Co., Ltd., one of the world's top 500 enterprises, and has won many national and provincial honors such as "National Green Factory", "Jiangxi Environmental Protection Model Enterprise" and "Jiangxi Famous Brand Product". In 2022, Yiyang Conch Company realized business income of 2.636 billion yuan and paid tax of 395 million yuan.