On the morning of September 15, 2021, the Yongzhou Municipal People's Government and the Industrial and Commercial Bank of China Hunan Branch held the signing ceremony of the "Service Yongzhou" Three Highs and Four New ", Rural Revitalization, and Smart Government Strategic Cooperation Framework Agreement" in Lengshuitan. Group Co., Ltd. (hereinafter referred to as "Corel Electric Group") and Industrial and Commercial Bank of China Co., Ltd. Yongzhou Branch (hereinafter referred to as "ICBC Yongzhou Branch") signed a strategic cooperation agreement.

Attending the signing ceremony were: Zhu Hongwu, Secretary of the Yongzhou Municipal Party Committee, Chen Ailin, Deputy Secretary of the Municipal Party Committee and Acting Mayor of the Municipal People's Government, Hou Wen, Member of the Standing Committee of the Municipal Party Committee and Executive Deputy Mayor of the Municipal People's Government, and Zhang Shen, Secretary of the Party Committee and President of the Hunan Branch of the Industrial and Commercial Bank of China Zhang Xinyu, member of the Party Committee and Vice President of the Hunan Branch of the Industrial and Industrial and Industrial and Industrial and Industrial and Commercial Bank of China Qin Tan Ping.

Industrial and Commercial Bank of China Yongzhou Branch was signed by Du Lingyi, Party Secretary and President of Yongzhou Branch, and Krell Electric Group was signed by Nie Pengju, Chairman of the Company.

In order to build a long-term and stable business cooperation relationship and promote the common development of both parties, the two parties have reached a strategic cooperation agreement through full consultation based on the principles of "equality and mutual benefit, mutual support, honesty and credit, and common development. Within the framework of the agreement, the two sides are committed to establishing a long-term, stable, mutually beneficial and win-win comprehensive strategic partnership, fully supporting the development strategies of both sides, and expanding the depth and breadth of multi-level cooperation between the two sides.

After the signing ceremony, Zhang Shen, Secretary of the Party Committee and President of the Hunan Branch of the Industrial and Commercial Bank of China, led leaders at all levels of the Hunan Branch and Yongzhou Branch, together with Nie Pengju, Chairman of Kolier Electric Group, and Xiao Shoufeng, Deputy General Manager of the Cover Pole Division. A symposium on strengthening further cooperation between the two parties.

Zhang Shen, Secretary of the Party Committee and President of the Hunan Branch of the Industrial and Commercial Bank of China, proposed at the symposium that under the premise of following national laws and regulations, regulatory regulations, financial policies and marketization principles, actively support the development of Corel and use its own financial resources. Provide the company with comprehensive, high-quality and efficient financial services.

Nie Pengju, chairman of Corel Electric Group, elaborated on the company's development history, the company's products and uses, the company's operation in the capital market, and the company's future development plans. He hopes that ICBC can start from the bank's advantages in capital, Funds, fixed increase, repurchase, credit and loans, personal business of executives, international business of the company, and bulk raw materials to provide support and cooperation.

Kolier Motor Group has been focusing on the development, production and sales of motors and drive control systems, and is one of the world's leading brands of motors and drive control systems. The company's products can be widely used in industrial automation and robotics, office automation, security monitoring, medical equipment and smart home and other fields. The company is committed to building a world-class Chinese national brand of motor and drive control system, promoting human industrial civilization and progress, and working hard to provide leading intelligent power for global users.