On the morning of December 6, 2016, Yan Guochun, the general manager of China Shenhua Coal-to-Liquid Chemical Co., Ltd., led a team of 11 leaders and experts to visit our company's R&D center. Wang Baoming, the chairman of our company, received the guests. Zhang Laiyong, deputy general manager of China Ryukyu Engineering Co., led five experts from China Ryukyu Engineering Co., Ltd. to participate in the exchange. Chairman Wang Baoming introduced the general situation of our R&D center to the guests and led the guests to visit the R&D center and the pilot plant.

        After the visit, the parties jointly drove to the Shenhua Coal-to-Liquid Shanghai Research Institute to conduct a five-hour in-depth technical exchange on the medium-high pressure carbonylation process for ethylene glycol technology developed by our company. During the exchange, Wang Baoming, the chairman of our company, introduced to the experts of Shenhua the medium and high pressure carbonylation process to produce ethylene glycol technology independently developed by our company. The two sides conducted in-depth discussions on the core points of technology and discussed the future cooperation mode. A preliminary discussion was conducted.