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            C&D Inc., LIFT the value.

            Xiamen C&D Inc. Stock Code: 600153.SH

            Grand Opening of Wuhan C&D Optical Valley Industry Service Co., Ltd.

            Date: 2022-03-24 | Source:C&D Inc.

            March 18 saw the grand opening of Wuhan C&D Optical Valley Industry Service Co., Ltd., a joint venture set up by Xiamen C&D Electromechanical Equipment Supply Chain Service Co., Ltd.—a wholly-owned subsidiary of Xiamen C&D Inc. (600153.SH)—and Wuhan Industrial Institute for Optoelectronics Co., Ltd. The opening ceremony was attended by relevant leaders of Wuhan East Lake High-tech Zone and senior personnel from both sides of the joint venture, with a discussion on the future direction of deepening cooperation.

            Wuhan C&D Optical Valley Industry Service Co., Ltd. is registered in Wuhan East Lake Comprehensive Bonded Zone, backed by Wuhan East Lake High-tech Development Zone (referred to as "East Lake High-tech Zone"), the national optoelectronic industry base known as "China Optical Valley". This new company deals business with more than 2,000 enterprises that are new, distinctive, specialized and sophisticated in the East Lake High-tech Zone. Relying on C&D Inc.'s rich experience in supply chain operation of electromechanical equipment and the superior industrial technology incubation capability of Wuhan Industrial Institute for Optoelectronics Co., Ltd., the company will capitalize on the advantages under the bonded policy in Wuhan East Lake Comprehensive Bonded Zone to focus on building trillion-yuan optoelectronic industry in the Optics Valley. Specializing in equipment in the fields of "optical, core, screen and intelligence", the company will also strive to build a supply chain service platform for the optoelectronic industry and provide industrial chain customers with professional and customized LIFT supply chain services to help them reduce operating costs and accelerate core business development, thus enhancing the stability and competitiveness of the regional optoelectronic industrial and supply chains.

            "Scientific and technological innovation" is an important strategic direction in the 14th Five-Year Plan. The optoelectronic industry is an emerging high-end technology industry centered on optoelectronic technology, which has topped a trillion yuan in scale worldwide and finds a wide range of applications in industrial, consumer, national defense, medical treatment, and other fields.
            Facing the new Five-Year Plan, C&D Inc. will actively respond to the national policy call of cultivating new, distinctive, specialized and sophisticated enterprises. By fully leveraging the scale and experience of its own supply chain operation business, C&D Inc. will integrate high-quality resources of logistics, technology, finance and marketing to provide customized "LIFT supply chain services" and enable the high growth of the high-tech industry chain partners, with a view to fueling the early realization of the strategic goal of constructing a "science and technology power".
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