On January 17, 2024, Chairman Sun Guichen and Vice President Zhang Yifei of NHI visited Anhui Conch Group for negotiations. Yang Jun, Party Secretary and Chairman of Conch Group, He Chengfa, Deputy General Manager and Party Committee Member, Wu Tiejun, Deputy General Manager. (referred to as Conch Cement), Xu Yue, Assistant General Manager, Wan Qun, Deputy Minister of Equipment Management Department, and others warmly welcomed them.

During the talks and exchanges, Yang Jun warmly welcomed the visit of Sun Guichen and his delegation and expressed gratitude to NHI for providing excellent equipment to Conch Group all year round and supporting its high-quality development. Yang Jun highly appreciates the mixed ownership reform achievements of NHI. He stated that Conch Group and NHI have established a strong foundation of cooperation in traditional fields. In the future, both sides will continue to expand their cooperation space in areas such as intelligent equipment manufacturing, environmental protection market, and PC building materials development, and leverage their respective advantages to achieve mutual benefit and win-win results. He believes that under the leadership of Fangda Group, NHI will be able to maintain its leading position in China's equipment manufacturing industry for a long time. At the same time, he looks forward to further deepening cooperation between Conch Group and Fangda Group in the future.

On behalf of NHI, Sun Guichen sincerely thanks Conch Group for its long-term recognition and support and introduces the development achievements of NHI's deepening reform in 2023. He stated that the "mixed ownership reform" has injected new vitality into the comprehensive strength improvement of NHI. In 2023, the main economic indicators of NHI achieved double-digit growth, and new products and technologies continue to enter the market. NHI could provide better services to customers, including Conch Group, to achieve mutual benefit and win-win.

Prior to the meeting, Xu Yue, Assistant General Manager of Conch Cement, and Tang Yaoru, Assistant Minister of Equipment Management, accompanied Sun Guichen, Zhang Yifei, and others to visit the Baimashan Conch Cement Plant. The two sides had in-depth exchanges on the development trend of smart mines and unmanned mining.