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On October 18, Zhejiang Yonghe Refrigeration Co.
, Ltd.
(hereinafter referred to as Yonghe Co.
, Ltd.
) issued an announcement that it signed a strategic cooperation framework agreement
with Xuetian Salt Industry Group Co.
, Ltd.
(hereinafter referred to as Xuetian Salt Industry).
According to the agreement, the two parties will jointly promote the production capacity of the chlor-alkali business of Jiu2 Salt Industry to more than 500,000 tons/year; At the same time, on the basis of maintaining the absolute controlling stake of Xuetian Salt Industry in Jiangxi Jiu2 Salt Industry Co.
, Ltd.
, in-depth cooperation in downstream industries will be carried out to realize the extension
of the industrial chain.
Yonghe Co.
, Ltd.
said that it reached a strategic cooperation intention with Xuetian Salt Industry this time, and carried out in-depth cooperation such as industrial integration and industrial chain extension in the fields of fluorine chemical industry and chlor-alkali, which is conducive to giving full play to their respective advantages, strengthening the upstream and downstream cooperation of the industrial chain, and enhancing the company's core competitiveness
.