SITC, Hisense and Qingdao Port signed a tripartite strategic
cooperation agreement. Mr. Lai Zhiyong, President of SITC Logistics
Group , Mr. Zhang Sihai, President of Hisense TransTech and Mr. Li
Wucheng, Director of SPG Container Operations Center, Deputy Party
Secretary, Board Director, and General Manager of SPG Qingdao Port
Group signed the strategic cooperation agreement on behalf of all
parties.

Mr. Yang Shaopeng, Chairman of SITC, Mr. Jia Shaoqian, Secretary of
the Party Committee, Chairman and President of Hisense, Mr. Chen
Weiqiang, Senior Vice President of Hisense, Mr. Huo Gaoyuan, Party
Secretary and Chairman of Shandong Port Group, and Mr. Li Fengli,
Deputy Party Secretary, Board Director, and General Manager of
Shandong Port Group witnessed the signing.

After the meeting began, the leaders of the three parties gave
speeches and introduced the development of their respective
enterprises and the prospects for cooperation among the three
parties. In the context of the new development stage, new development
concept and Dual circulation of the country, the leaders of the three
parties all said that they would give full play to their respective
industry advantages and overall organizational advantages, and
jointly explore and promote cooperation in strategy, industry,
platform and other aspects through resource sharing, mutual benefit
and complementary advantages, so as to jointly build a new highland
for cooperation among enterprises, ports and airlines and contribute
more to serving national strategies and serving economic and social
development.

According to the strategic agreement, Qingdao Port of Shandong Port
Group will continue to give full play to its advantages in port main
business operation, integrated logistics, digital technology and
other fields, and superimpose SITC comprehensive guarantee in the
fields of ocean routes, ships, space, warehousing, logistics and
other fields, so as to provide Hisense''s import and export products
with comprehensive supply chain services in the whole process, all
elements, and all directions. Hisense continues to guarantee the
operating share of import and export cargo volume in the SITC and
Qingdao Port business scope, and constantly consolidate and deepen
the tripartite cooperation.
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