Agricultural Projects of Group Company Were Contracted at the 4th China-Africa Economic and Trade Expo Powerful alliance pursues dream together

On June 13, 2025, at the African Country Investment Promotion & China-Africa Agriculture, Industry and Trade Cooperation Matchmaking Event of the 4th China-Africa Economic and Trade Expo, Hu Jiaming, President of the Group Company, on behalf of Wulongbi Comprehensive Agriculture Co., Ltd. (hereinafter referred to as “Wulongbi Agriculture”), signed a strategic cooperation agreement with Sinomach Hainan Development Co., Ltd. In the future, they will give full play to the resource advantages of both sides and work together to promote the high-quality integrated development of Angola's agricultural projects and continuously achieve new results.

Sinomach Hainan Development Co., Ltd. (hereinafter referred to as “Sinomach Hainan”) is a wholly-owned second-level subsidiary of China National Machinery Industry Corporation Limited (hereinafter referred to as “Sinomach”). It has been deeply engaged in overseas business for many years and is committed to becoming a digitally driven agricultural integration service provider with rich experience and good performance in the fields of agricultural product trade and infrastructure construction. In 2023, it was selected as one of China's top 500 agricultural enterprises and won the title of Hainan Provincial Key Leading Enterprise in Agricultural Industrialization. In the future, Wulongbi Agriculture will establish a long-term strategic partnership with Sinomach Hainan to jointly promote the mechanization, modernization and efficiency improvement of Angola's entire agricultural value chain.

The 4th China-Africa Economic and Trade Expo kicked off in Changsha, Hunan on June 12, 2025. As a national platform for economic and trade cooperation with Africa, this expo covers 4 major theme forums, namely “2025 China-Africa Private Economy Cooperation Forum”, “African Country Investment Promotion & China-Africa Agriculture, Industry and Trade Cooperation Matchmaking Event”, “China-Africa Youth Innovation and Entrepreneurship Dialogue Event” and “China-Africa Entrepreneur (CEO) Dialogue & China-Africa Economic and Trade In-depth Cooperation Pilot Zone Project Matchmaking Event”.

Hu Jiaming, Vice Chairman of the China-Africa Business Council, Vice Chairman of Tianjin Association for Foreign Economic Relations and President of the Group Company, and Dong Kehong, Deputy Chief Accountant of the Group, attended the event on site.