1. Introduction to Hengli Group

Hengli Group, founded in 1994, is based on its main business and adheres to industry. It is an international enterprise with the development of the whole industrial chain of oil refining, petrochemical, polyester new materials and textile. The Group now has one of the largest PTA factories in the world, one of the largest functional fiber production bases and weaving enterprises in the world, with 170000 employees, and a national "enterprise technology center". Its enterprise competitiveness and product brand value are among the top in the international industry.

Hengli Group, with a total revenue of 611.7 billion yuan in 2022, now ranks 75th among the world's top 500, 24th among the top 500 Chinese enterprises, 3rd among the top 500 Chinese private enterprises, and 5th among the top 500 Chinese manufacturing enterprises. It has won the "National Science and Technology Progress Award" and "National Advanced Enterprise for Employment" issued by the State Council.

In the petrochemical sector, the PTA project of Hengli (Changxing Island, Dalian) Industrial Park has an annual capacity of 12 million tons, and "high standards, strict requirements and fast pace" has been completed and put into operation, breaking a number of records in the same industry in the world.

Hengli Group adheres to the implementation of two major projects of brand strategy and market strategy, and its independent research and development capability is in the leading position in the national textile industry. At the same time, it actively develops high-end markets at home and abroad, adheres to independent innovation, and constantly improves its core competitiveness. Up to now, Hengli Group has undertaken more than 60 major scientific and technological projects at the national, provincial and industrial levels, and independently researched and developed key technologies of polyester fiber and won the "National Science and Technology Progress Award".

2. The goal is consistent and the cooperation is natural

On January 28, 2023, the Hengli Heavy Industry Industrial Park, located in Changxing Island, Dalian, held a grand operation ceremony, marking the official arrival of a new spring of idle assets that had been silent for ten years. Hengli Heavy Industry Group Co., Ltd. took a key step towards the goal of building a world-class green shipbuilding and high-end equipment manufacturing base.

Qier Machine Group Dalian Waji CNC Machine Co., Ltd. signed a cooperation agreement with Hengli Group. Based on the principle of "resource sharing, complementary advantages, mutual benefit and win-win cooperation", the two sides will carry out cooperation to serve Dalian Changxing Island to build a heavy industry park.

The strong and powerful unite to seek common development. Through cooperation between enterprises, they will actively play their respective advantages and realize resource sharing and complementary advantages through close cooperation. The two sides will give full play to their multiple resource advantages in the industry, strengthen cooperation and exchange, and ensure that all work will be implemented as soon as possible and achieve results.

3. Deepening cooperation for development and win-win innovation

The two sides take this signing as an opportunity to give full play to their respective strengths, accelerate the pace of cooperation, and promote complementary advantages, mutual benefit and win-win results.

In the future, Qi'er Dalian Waji CNC Machine Co., Ltd. and Hengli Heavy Industry Group will jointly promote win-win cooperation in the business sectors of both sides through strong cooperation!