Hisense and Hegang Sign Strategic Cooperation Framework Agreement, Jointly Build a Green and Low-Carbon Industrial Chain, and Promote High-Quality Development

Hisense and Hegang Sign Strategic Cooperation Framework Agreement, Jointly Build a Green and Low-Carbon Industrial Chain, and Promote High-Quality Development Hisense Group and Hegang Group join forces to build a green and low-carbon industrial chain and promote high-quality development. On June 17th, Hisense Group and Hegang Group formally signed a strategic cooperation framework agreement, comprehensively deepening the strategic cooperation between the two parties

Hisense and Hegang Sign Strategic Cooperation Framework Agreement, Jointly Build a Green and Low-Carbon Industrial Chain, and Promote High-Quality Development

Hisense Group and Hegang Group join forces to build a green and low-carbon industrial chain and promote high-quality development. On June 17th, Hisense Group and Hegang Group formally signed a strategic cooperation framework agreement, comprehensively deepening the strategic cooperation between the two parties. The two parties will give full play to their complementary advantages, jointly advance in supply chain construction, technological innovation, and industrial chain cooperation, creating new situations and new futures for the high-quality development of the industrial chain.

Jointly Deepening Supply Chain Construction to Enhance the Market Competitiveness of Hisense Appliances

According to the strategic cooperation agreement, Hegang and Hisense will jointly deepen supply chain construction cooperation, focusing on:

• Comprehensive deepening of cooperation in the traditional appliance field: Based on the cooperation in the categories of cold appliances, washing machines, kitchen appliances, etc., further leverage scale advantages, optimize product structure, and help Hisense appliances continue to enhance their market competitiveness.

• Strengthening overseas steel supply chain construction: Jointly expand overseas markets and provide strong support for Hisense's overseas business.

• Increasing business cooperation in the black appliance field: Jointly promote the upgrading of black electrical products to meet consumers' growing needs.

Joint Innovation to Promote the High-End and Personalized Development of Hisense Products

Facing high-end and the future, Hegang and Hisense will jointly build technological innovation and research and development platforms, jointly develop innovations, and jointly promote the high-end and personalized development of Hisense products. The two parties will focus on the following aspects:

• New material application: Jointly develop high-performance, environmentally friendly new materials to improve the performance and quality of Hisense products.

• Intelligent manufacturing: Jointly explore intelligent manufacturing technologies to improve production efficiency and product quality.

• Technological innovation: Jointly carry out technological research and development and application to promote technological leadership of Hisense products.

Jointly Building System Solutions for Future Scenarios, Exploring New Areas of the Industrial Chain

The two parties will jointly promote the development and application of system solutions for future scenarios such as building decoration, accelerate the development of new types of productivity, and promote high-quality development.

• Smart home: Jointly create smart home system solutions to provide consumers with a more convenient and comfortable living experience.

• Smart city: Jointly explore smart city construction to provide more advanced technologies and solutions for urban development.

• New infrastructure: Jointly participate in the new infrastructure field, promoting industrial chain upgrading and development.

Leaders of Both Parties Attended the Signing Ceremony and Outlook on Future Cooperation Prospects

Jia Shaoqian, Chairman of Hisense Group, and Yu Yong, Chairman of Hegang Group, attended the signing ceremony.

Jia Shaoqian said that Hegang is an excellent example of management innovation and practical innovation among Chinese enterprises. The signing of this strategic cooperation agreement is a historic moment in the deepening cooperation between the two parties over the years. Looking to the future, the two parties will focus on new materials, new energy, and focus on intelligent manufacturing, technological innovation, high-quality development, and the expansion of new types of productivity, promoting business cooperation from Hisense appliances to multiple industries, working together to achieve greater win-win cooperation on a larger world stage, and jointly contributing greater strength to China's modernization.

Yu Yong emphasized that this visit to Hisense has subverted our existing cognition. Hisense is not just an appliance company, it is also a high-tech innovation company. Hegang is accelerating the transformation from a manufacturing company to a "manufacturing + service" company, and will focus on Hisense's future strategic development and global layout, allocate more resources to the market and client end, and seek new opportunities in co-development with customers. Standing in a new development cycle, Hegang will establish an embedded industrial chain cooperation relationship with Hisense, extend the industrial chain, and provide more complete resource allocation and supporting facilities for downstream customers to achieve mutual benefit and win-win.

Hisense and Hegang Join Forces to Build a Green and Low-Carbon Industrial Chain

Hegang Group, headquartered in Shijiazhuang, Hebei Province, is one of the world's largest steel material manufacturers and comprehensive service providers. It is China's largest appliance steel manufacturer and the second largest automotive steel manufacturer, ranking among the world's top 500 companies for

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