On November 16, 2023, the 7th Silk Expo and China East-West Cooperation and Investment and Trade Fair was successfully held in Xi'an. Mr. Qiao Yuedong, Chairman and President of Qiaoxin Group, was invited to participate in the conference and signed the “Investment Agreement on 2 Million Tons/Annual Lanchar Supporting Desiccated Coal Gas Efficiently Applied and Green Low-Carbon Waste-free Project” with Shenmu Hi-Tech Industrial Development Zone Management Committee with a total investment of RMB 12.265 billion in Shenmu at the Shenmu Investment Promotion Conference, which marked a major breakthrough for Qiaoxin Group in the efficient application of desiccated coal gas supporting the Lanchar as well as green low-carbon waste-free project of the Lanchar. It marks that Qiaoxin Group has made a major breakthrough in the efficient application of coal gas and the green low-carbon waste-free project of coal.

Qiao Yuedong, Chairman and President of the Group, participated in the ceremony

Mr. Qiao Yuedong, Chairman of the Board, on behalf of Qiaoxin Group, signed a cooperation agreement with the Management Committee of Shenmu Hi-tech Industrial Development Zone with a total amount of 12.265 billion RMB.

In this Silk Expo and China East-West Cooperation and Investment and Trade Fair, Mr. Qiao Yuedong, Chairman of the Board, on behalf of Qiaoxin Group, actively participated in various activities and took part in Shenmu City Investment Promotion Conference. During the promotion meeting, Mr. Qiao Yuedong introduced the experience and practice of Qiaoxin Group in the efficient application of barren coal gas and green, low-carbon and no-waste project of coal, and demonstrated the technology and innovation ability of Qiaoxin Group in this field.

At the signing ceremony of key projects, Mr. Qiao Yuedong, Chairman of the Board, on behalf of Qiaoxin Group, signed a cooperation agreement with the Management Committee of Shenmu Hi-tech Industrial Development Zone with a total amount of 12.265 billion RMB. The cooperation agreement will further promote the efficient application of barren coal gas and the green, low-carbon and no-waste projects in Shenmu Hi-tech Industrial Development Zone, and make positive contributions to the green and sustainable development of the charcoal industry.

Mr. Qiao Yuedong, Chairman of the Board, said at the signing ceremony that Qiaoxin Group has always been highly concerned about the environmental protection and sustainable development of the charcoal industry, and is committed to promoting the efficient utilization of the resources of charcoal and the green and no-waste treatment. The cooperation with Shenmu Hi-Tech Industrial Development Zone will provide greater development opportunities for both parties and promote the prosperity and sustainable development of the regional economy.

Through this Silk Fair and China East-West Cooperation and Investment and Trade Fair, Qiaoxin Group has further strengthened its cooperative relationship with Shenmu Municipal Government. Qiaoxin Group will continue to uphold the concept of green environmental protection, constantly promote the innovative development of the Lanchar industry, and make greater contributions to the construction of China's low-carbon economy. At the same time, Qiaoxin Group will also continue to increase its investment in Shenmu City to help the region's high-quality economic development.