On June 20, 2019, the signing ceremony for the establishment of Jiangsu Longcheng Alloy Materials Co., Ltd., a joint venture between Lizhong Alloy Group Baoding Longda Aluminum Co., Ltd. and Jingcheng Gongke Auto Parts (Yangzhong) Co., Ltd., was held at the Business Center of Jingcheng Gongke Auto Systems Co., Ltd., Shunping Parts Park, Baoding, Great Wall Motors.

        Zhen Yuejun, president of Lizhong Alloy Group, and Zhang Dehui, chairman of Seiko Automobile signed the joint venture agreement on behalf of both parties. Zang Ligen, Chairman of Lizhong Group, Du Yongli, President of Baoding Longda Aluminum Co., Ltd., Guo Junhui, Vice President, Liu Wei, Deputy General Manager of Jinggong Automobile, Lu Deyu, General Manager of Jinggong Automobile Die-casting Branch, and relevant leaders and project team members of both parties attended the signing ceremony.

        Zang Ligen, chairman of Lizhong Group, is full of confidence in the future development of this joint venture project, and expresses his gratitude for the support and affirmation of Seiko Automotive to Longda Aluminum over the years. Zhang Dehui, Chairman of Seiko Auto, said that the cooperation concept and management thinking of Longda Aluminum are highly compatible with Seiko Auto, and fully affirmed the supporting services of Longda Aluminum for many years.

        As China's automobile industry enters the new normal development, the construction of the joint venture project marks a solid step in the closer cooperation and development model between Longda Aluminum and its customers in the automobile industry.