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On the evening of August 11, Longbai Group announced that the company signed a cooperation agreement with Henan Energy and Chemical Group.
On the evening of August 11, Longbai Group announced that the company signed a cooperation agreement with Henan Energy and Chemical Group.
Longbai Group stated that in the short term, the two parties will use the internal resources of the Jiaozuo region as the target, establish a communication mechanism, and promote cooperation and common progress in the areas of “filling shortcomings” and “removing bottlenecks”; Chain as the target to promote broader and deeper strategic cooperation
Longbai Group disclosed that the company signed a strategic cooperation framework agreement with Henan Energy and Chemical, which is conducive to making full use of the existing resources of both parties and achieving complementary advantages, which can further reduce the company's related material costs and promote and increase the company's large chemical industry chain and scale.
Advantages and improving the company’s profitability are in line with the company’s development strategy and the interests of all shareholders
.