While implementing the collaboration intention proposed by Chinese Vice Premier Wang Yang during the meeting with President of China-Russia Chamber of Commerce for Machinery and Electronic Products (CRCCME), GEZHOUBA (Group) Corporation, one of CCCME Board Members expressed a clear intention to cooperate with Russian side on the investment project.

Both Chinese and Russian Secretariats of CRCCME jointly held the conference call at GEZHOUBA (Group) Corporation Overseas Investment Ltd. with Russian counterparts on the investment project. Deputy General Manager and Chief Financial Officer of GEZHOUBA (Group) Corporation Overseas Investment Ltd., General Manager of Russian enterprise attended the conference call. Both sides agreed to speed up the cooperation process. CCCME will provide continuing support for enterprises of both sides on future cooperation.