2025, the contract signing ceremony of "Intelligent Factory EPC Project" between Conch Zhongnan and Ningbo Xinfu Titanium Dioxide Company was held in the office building of Ningbo Xinfu Company. Yang Jun, Secretary of the Party Committee and Chairman of the Group Company, who is conducting regional research in Zhejiang, personally attended and witnessed the signing of the contract.
Ningbo Xinfu Chairman Lu Xiangfang, Deputy General Manager Lu Qi, Chief Financial Officer Zhou Ying and Chief Engineer Shao Guoxiong. Yu Jieyu, General Manager of Conch New Material, Wu Tiejun, Vice General Manager of Conch Cement , Xu Yue, Assistant General Manager, Tao Yong, President of Zhejiang Region, and relevant personnel of both companies attended the signing ceremony. After the

signing ceremony, the two sides held a discussion and exchange in the conference room of Ningbo Xinfu Company. Lu Xiangfang, Chairman of

Ningbo Xinfu, welcomed the visit of Chairman Yang Jun and briefly introduced the current business development of Xinfu. He said that Conch Group is a well-known international enterprise in the building materials industry, insisting on strengthening and optimizing the main cement industry, and has achieved fruitful results in the transformation and upgrading of traditional industries. In the future, we will take Conch as an example, take this project cooperation as an opportunity, learn from Conch's advanced management concepts and intelligent products, further accelerate the pace of enterprise transformation and upgrading, continuously improve the process flow, and constantly improve and enhance the level of enterprise management. Yang Jun, chairman of the

group, expressed his gratitude for the warm reception of Ningbo Xinfu, and introduced the development of Conch Group's "one base and five industries". He said that as a private enterprise, Ningbo Xinfu Company has advanced business development concept, standardized and efficient enterprise management, and has made remarkable achievements in the titanium dioxide industry. It is hoped that the two sides will take this "Intelligent Factory EPC Project" as an opportunity to maintain close contact, strengthen exchanges and cooperation, and jointly explore opportunities for cooperation to achieve mutual benefit and win-win results.

Conch Zhongnan-Ningbo Xinfu "Titanium Dioxide Intelligent Factory EPC Project" signed a cooperation agreement in December 2024. The successful completion of the contract signing of this project is a milestone for Conch Zhongnan to enable "thousands of industries" multi-scenario innovation practice and cross-industry large-scale landing application of intelligent products in the future. Over

the past year, the company's technical team has focused on customer needs, focusing on the characteristics and technological characteristics of the titanium dioxide industry, concentrating superior resources to tackle key technical problems, solving the world's difficult problems of long-distance and large-flow transportation in the titanium dioxide industry, and customized the design and demonstration of the "one-stop" technical scheme of the intelligent factory project. It has won the full trust and unanimous recognition of customers and laid the foundation for the smooth signing of contracts.

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