Wang Quangang, Party Secretary and President of Zhejiang Branch of Agricultural Bank of China, went to Hongshi Group for investigation

of February 1, Wang Quangang, Secretary of the Party Committee and President of the Zhejiang Branch of the Agricultural Bank of China, went to the Red Lion Group for investigation. The two sides highly appraised the Group's development strategy, digital empowerment and layout of new energy projects, and conducted in-depth exchanges on further deepening strategic cooperation, expanding cooperation areas and upgrading cooperation levels. After learning about the development status of Red Lion and the next strategic plan in the exhibition hall and control center of the Group, President

Wang Quangang congratulated the Group on its achievements and introduced the unique advantages of the Agricultural Bank of China in serving the real economy. President Wang said that Red Lion Group has strong strength and is at the forefront of the industry in process construction, "the Belt and Road" project development, digital reform, brand building, enterprise party building and other aspects, which is the benchmark of Zhejiang private manufacturing enterprises. Zhejiang Agricultural Bank has witnessed the glorious course of Red Lion from small to large, from big to strong, and will continue to support the development and growth of Red Lion and achieve steady development. The good history of cooperation between the two sides is also a mirror of ABC's support for the development of Zhejiang's private economy. Both sides should carry forward the past and forge ahead into the future and step up to a new level. Chairman

Zhang Xiaohua warmly welcomed President Wang Quangang and his delegation, and expressed his heartfelt thanks to the provincial, Jinhua and Lanxi Agricultural Banks for their excellent service and strong support to Red Lion Group. Mr. Zhang gave a brief report on the business development of the Group in 2022. Mr. Zhang said that President Wang came to the Red Lion Group as the first stop of his research in Jinhua in the New Year, representing the deep friendship between the Agricultural Bank of China and the Red Lion Group. At the beginning of Red Lion's entrepreneurship in 1994, Agricultural Bank of China was also the first financial institution to establish a cooperative relationship with Red Lion. Red Lion has developed from an annual output of 100,000 tons of cement to a production capacity of 120 million tons covering 12 provinces in China and 4 countries overseas. We hope to continue to receive strong support from ABC at all levels, further broaden the areas of cooperation, tap the depth, and achieve mutual benefit and win-win results. Huang Jian, member of the Party Committee and vice president of Zhejiang Branch of Agricultural Bank of

China, and principal responsible persons of relevant departments and offices; Jin Renzhang, secretary of the Party Committee and president of Jinhua Branch, and Bao Lijun, member of the Party Committee and vice president of Jinhua Branch, participated in the investigation. Zhu Ruijun and Zhang Xuxi, the leaders of Red Lion Group, and the principal heads of relevant departments participated in the reception or discussion.