Xiangyang Mayor Xie Yingcai met with Changyuan Donggu Chairman Li Zuoyuan and his delegation
Release time:
2020-09-14
On September 19, Mayor Qie Yingcai met with Li Zuoyuan, Chairman of Changyuan Donggu Industrial Co., Ltd., and his delegation at Nanhu Hotel. The two sides had in-depth discussions on deepening strategic cooperation and accelerating project construction.
On September 19th, Mayor Qie Yingcai met with Li Zuoyuan, Chairman of Changyuan Donggu Industrial Co., Ltd., and his delegation at Nanhu Hotel. Both parties held in-depth discussions 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, it is currently applying for listing on the main board of the Shanghai Stock Exchange. Qie Yingcai expressed gratitude to Changyuan Donggu Group for its long-standing contributions to Xiangyang's economic development and congratulated the company on its upcoming listing on the main board. Qie Yingcai stated that Changyuan Donggu has performed well and is strong, maintaining good development momentum in Xiangyang for a long time, and cooperation between the two sides has gradually deepened. Currently, the company is about to go public, which also brings a development opportunity for unburdened progress. Our city will spare no effort to provide nanny-style services to the company in terms of funding, project construction, and other aspects, assisting the company with its listing preparations. It is hoped that the company will take quality as its cornerstone, continuously research and develop new products, consolidate its existing market position, and build itself into a domestically renowned, industry-leading digital and intelligent high-end manufacturing enterprise.
Li Zuoyuan expressed gratitude to the Xiangyang Municipal Party Committee and Municipal Government for their long-term strong support to the company. He stated that Xiangyang has a solid industrial foundation, obvious geographical advantages, and good development momentum. In the future, the company will gradually shift its development focus to Xiangyang, bringing more excellent projects and products to be manufactured in Xiangyang, thereby making greater contributions to Xiangyang's economic development.
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