On September 19, Mayor Yingcai Yan met with Chairman Li Zuoyuan of Changyuan Donggu Industrial Co., Ltd. and his party at Nanhu Hotel. The two parties had in-depth exchanges on deepening strategic cooperation and accelerating project construction.

　　Changyuan Donggu is headquartered in Xiangzhou District, specializing in the production of core engine components. The company has four subsidiaries in Beijing, Wuhan and Xiangyang. In 2017, it achieved an output value of 1.8 billion yuan and a net profit of 200 million yuan. According to the company’s development strategy, At this stage, the company is applying for listing on the main board of the Shanghai Stock Exchange. Yingcai Xi expressed his gratitude to Changyuan Donggu Group for its long-term contribution to the economic development of Xiangyang, and congratulated the company on its upcoming listing on the main board. Qie Yingcai said that Changyuan Donggu has good performance and strong strength. For a long time, the development momentum in Xiangyang has been good, and the cooperation between the two parties has gradually deepened. At present, the company is about to go public, and it is also ushering in the development opportunity of light-packing and striving. Our city will go all out to provide nanny services for companies in terms of capital and project construction, and cooperate with companies to prepare for listing. It is hoped that the company will continue to develop new products based on quality, consolidate its existing market position, and build a well-known, industry-leading digital and intelligent high-end manufacturing enterprise.

　　Li Zuoyuan expressed his gratitude to the Xiangyang Municipal Party Committee and Municipal Government for their long-term support to enterprises. He said that Xiangyang has a solid industrial foundation, obvious location advantages, and a good development momentum. In the future, enterprises will gradually shift their development focus to Xiangyang, put more good projects and products into Xiangyang production, and make greater contributions to Xiangyang's economic development.