Xuanye successfully jointed hands with Jihua to march into a brand new area of rubber overseas.On July 25, 2018, Xu Xiuqing, Deputy Chairman of Hunan Xuanye Ecological Agriculture Development Co., Ltd., and Deng Xiaoxia, General Manager of Jihua Yueyang New Materials Technology Co., Ltd., signed formally a strategic cooperation agreement. Both parties made a commitment to jointly create a largest rubber export distribution base and transaction platform in the middle area by expanding rubber supply channel overseas, building up a steady rubber production base and opening a domestic rubber sales channel.

At the signing ceremony, both partners made an introduction of profiles of their respective companies and made a reasonable analysis on and an outlook for cooperative prospect. This signing will further facilitate deep communication between both partners, build up a stable and faithful strategic cooperative relation for a medium and long term, and drive the supply and demand sides to achieve mutual benefit and win-win results as well as mutual development.

Deng Xiaoxia said that although Hunan Xuanye is a private company, it has had its roots deeply in Laos, led by Chairman Xu Guowu, and has become one of the key “goingglobal” enterprises for international cooperation projects of Hunan in foreign countries. It sets a good example in its industry for the Belt and Road and “going-global” strategy and gains a huge amount of overseas experiences. This signing between two partners aims to deeply merge into a rubber industry chain and push the rubber business of Jihua Co. to a new stage by taking advantages of Hunan Xuanye’s resources overseas and integrating global rubber resources. Both partners anticipated to build up in Yueyang Chenglinji Comprehensive Bonded Zone a largest natural rubber import and export base of the middle area of China by integrating the advantages of both partners so as to promote the deep integration of high polymer material industry chain in Yueyang and finally achieve the strategic goal of RMB100 billion sales revenue in high polymer material industry in Yueyang Region.

Xu Xiuqing said that Jihua’s extending an olive branch represents the greatest affirmation and trust in private companies and moreover a powerful encouragement. Hunan Xuanye once was engaged in import and export of rice overseas, which helped them gain a huge amount of experience and regional resources. Coupled with the fearless spirit of being brave to think, do and be the first, Hunan Xuanye would be bound to make new achievements in rubber field. Over the past four years, with the supports by all governmental authorities in China and Laos, Hunan Xuanye has cooperated with state-owned enterprises and central enterprises including COFCO, AVIC International Beijing Ltd. and Hunan Jinyezhongwang Science and Technology Co., Ltd. and achieved fruitful outcomes. It is believed that this cooperation with Jihua Co. will not only facilitate professions and power, but also promote the mutual complementarity and sharing of resources by forming a powerful combination. Both partners plan to start cooperation in Laos, Myanmar and Philippines and then develop the business in Southeast Asia and even more widely in international markets step by step, with a target for creating a new miracle in rubber field and realizing down to earth the Belt and Road.

Jihua 3517 Rubber Products Co., Ltd. has a history of producing and processing rubber products for nearly 70 years. According to the strategic plan of its parent group and the unified deployment by Yueyang Municipal Party Committee and Municipal Government, Jihua Yueyang New Materials Technology Co., Ltd. has been registered to be engaged in import and export of bulk raw materials in order to provide customized service of high polymer materials and rubber intermediates for the entire rubber-relevant industry and build up a largest complex base in China for importing and exporting, processing and storage of high polymer materials, which will achieve an annual production value of above RMB5 billion.