For the sake of drawing support from the Zhongjin Guotai Holding Group Co., Ltd. who has great influence in Supply-chain Finance, E-Commerce and Industry Funds, etc, Handan Government has successively sent representatives to link up with Zhongjin Guotai, inviting the company to invest in Handan City. By in-depth communication, Handan Government successfully facilitated Zhongjin Guotai to invest in setting an Intelligent Science and Technology Industrial Park and to set up a series of Finanace & Supply-chain Solutions including relative industrial funds. of Standard Parts

On Oct. 22, taking a total space of 1,000 Mu, the Intelligent Science and Technology Industrial Park of Standard Parts, in which Zhongjin Guotai invests 5 Billion CNY, has formally come into effect. On site of the very room that witnessed the whole process of signing the contract, Deputy Mayor of Handan City, Mr. Hou Huamei introduced the current development situation of Handan’s Standard Parts Industry. Standard Parts produced in Yongnian County of Handan City takes around 45% of the national market share of Standard Parts, with an output value of near 20 Billion CNY. Yongnian County is the largest production base and distribution centre of fasteners in China, earning a crown of “The City of Fasteners”. However, the Standard Parts Industry in Yongnian County is now exposed to the challenge of improving the product level and the market competitivenss. With the aid of the project, the Standard Parts Industry in Handan, in particular Yongnian County, will be able to accelerate the pace of transformation and upgrading.