On the afternoon of March 16th, General Manager Tang Gaofeng of the Anhui Branch of Agricultural Development Bank of China led a team to visit and exchange ideas with the group. Chairman Chang Qiancang and Vice Chairman Chang Weiping of Huali Holdings, Vice Chairman Zhou Feng of Huali Real Estate Group, and Investment and Financing Manager Gao Ke received General Manager Tang and his delegation to discuss further cooperation between banks and enterprises.

At the meeting, both parties introduced the current business situation of their respective enterprises. General Manager Tang Gaofeng pointed out that based on the business dealings between Huali and financial institutions over the years, Huali's integrity and ability to fulfill contracts are trustworthy. The focus of this visit is to understand the impact of the epidemic on Huali's business situation and collect the needs and expectations of the enterprise. After the outbreak of the epidemic, the Agricultural Development Bank of China integrated various resources and introduced various support policies, especially increasing financial support and services for enterprises to resume work and production. We hope that both sides can further strengthen cooperation, explore opportunities in the crisis, and achieve win-win cooperation.

The Chairman of Changqian cang expressed gratitude to General Manager Tang Gaofeng and his delegation for visiting Huali for inspection and exchange, and gave a detailed explanation on Huali's transformation and upgrading from traditional business in recent years. The Chairman of Changqian cang mentioned that Huali has always been actively exploring new, multi angle, and sustainable cooperation models that are accepted by all parties, hoping to expand the field of bank enterprise cooperation, deepen bank enterprise cooperation, and enhance the level and level of strategic synergy. This year, the group has more diverse cooperation needs in the fields of EPC general contracting, rail transit, and residential industrialization, and the two sides are expected to reach cooperation.

This inspection has clarified the cooperation needs of both parties, reached consensus on the details of cooperation, strengthened the cooperative relationship, and laid a good foundation for further cooperation in the future.