Signing strategy between Dongfang Yuhong and Linga

Dongfang Yuhong signed strategic cooperation with Putuo District People's government and Lingang group Shanghai Lingang Economic Development (Group) Co., Ltd. (hereinafter referred to as "Lingang group") and Beijing Dongfang Yuhong Waterproof Technology Co., Ltd. (hereinafter referred to as "Dongfang Yuhong") held a strategic cooperation signing ceremony at Hyatt Regency Shanghai

│ signing ceremony

wujincheng, director of Shanghai Municipal Commission of economy and information technology, Jiang Dongdong, deputy secretary of Putuo District Party committee and district governor, zhangyuxin, member of the Standing Committee of Putuo District Party committee and deputy district governor, yuanguohua, Secretary of the Party committee and chairman of Lingang group, Weng Kaining, deputy secretary of the Party committee and vice president of Lingang group, liweiguo, chairman of Dongfang Yuhong, lijianhua, President of Dongfang Yuhong East China company, etc. attended the signing ceremony

it is understood that after the signing of this contract, Dongfang Yuhong group will set up a new subsidiary Dongfang Yuhong group's headquarters in East China. At the same time, it will also settle its affiliated enterprises deaiway (China) Co., Ltd. and Beijing high energy times Environmental Technology Co., Ltd. in Putuo Lingang Zhichuang, professor chenyongsheng said top coating. "As an extension of the functions of the headquarters of Dongfang Yuhong group, the East China headquarters of Dongfang Yuhong group has further developed and become bigger and stronger, adding new momentum to the regional economic development of Putuo."

│ liweiguo, chairman of Dongfang Yuhong group, said that Dongfang Yuhong group will adhere to the vision of "becoming the most valuable enterprise in the global building materials industry", continue to build the core competitiveness of the company, actively practice the corporate society, practically reflect the industrial leadership and economic benefits, and achieve win-win results for all parties under the joint promotion of the enterprise cooperation in "Putuo Lingang" district

since its listing in 2008, Dongfang Yuhong has gone through the baptism of the capital market for more than ten years, step by step and steadily. From its listing in 2008 to 2019, the compound growth rate of the company's performance reached 34%, with a performance growth of nearly 25 times. It has been favored by the capital market for many years, and has become the preferred waterproof material brand for China's top 500 real estate developers for nine consecutive years. This year, with an annual operating income of 18.154 billion yuan and a net profit of 2.066 billion yuan, it was listed in the Fortune 500

the operating income of Dongfang Yuhong in the first half of this year was 8.78 billion yuan, of which waterproof coiled materials accounted for 55%; Waterproof coating accounts for 27%; Engineering construction accounts for 13%; Other main businesses account for 5%. Due to the low crude oil price, the price of upstream asphalt and other raw materials fell sharply. The company realized a net profit attributable to the parent company of RMB 1.1 billion, and the gross profit margin and net profit margin of the company rose to an all-time high

as a partner of Lingang group, Dongfang Yuhong will provide comprehensive and high-quality system services for Lingang group's investment projects and park development projects in combination with its own development strategy and industry advantages

on November 25, Shimao Strait Development Co., Ltd. and Hurun Research Institute jointly released 2020 Shimao Strait • Hurun China's top 500 private enterprises. Dongfang Yuhong ranked 112 and ranked first in China's chemical industry. At the same time, longmang Bailian, sankeshu and ChuanHua were also on the list

as the first in China's waterproof industry, Dongfang Yuhong has not only satisfied with the development of waterproof materials in recent years, but also continuously strengthened product research and development, expanded business, developed towards integrated solutions, and made great investment. Especially since the third quarter of 2020, Dongfang Yuhong has been making intensive investment and construction

on August 8, Dongfang Yuhong announced that on August 7, 2020, the company signed an investment cooperation agreement with the people's Government of Xushui District, Baoding City, Hebei Province, which agreed that the company planned to invest 1billion yuan in the construction of Dongfang Yuhong green building new material industrial park in Xushui District, Baoding City

on August 13, Dongfang Yuhong Dongfang Yuhong announced that the company had signed a project investment agreement with the Management Committee of Hainan Yangpu Economic Development Zone only in terms of sales price. The agreement agreed that the company planned to invest 1billion yuan in the construction of Dongfang Yuhong hainanyangpu green new materials comprehensive industrial park in Hainan Yangpu Economic Development zone

on August 18, it was announced that the 14th meeting of the 7th board of directors held by the company reviewed and passed the proposal on investment in the establishment of wholly-owned subsidiaries and the construction of green building materials (Wuhu) Industrial Demonstration Park in Sanshan District, Wuhu City, Anhui Province. It is proposed to invest in the construction of a new energy-saving insulation and sealing material manufacturing project in Sanshan District, Wuhu City, Anhui Province; Manufacturing projects of new building waterproof materials and new functional coating materials; And green civil building materials and functional filler manufacturing projects, with a planned investment of 1billion yuan

on September 22, Beijing Dongfang Yuhong Waterproof Technology Co., Ltd. signed the project investment agreement with the people's Government of Jiutai District, Changchun City. The agreement agreed that the company planned to invest 1.8 billion yuan in the construction of Dongfang Yuhong green building materials production base project and regional headquarters project in Jiutai District, Changchun City

in the face of changes in the market environment and customer needs, Dongfang Yuhong will always keep up with the forefront, explore and innovate, start from customer needs, and strive to meet people's yearning for a better life. It is believed that Dongfang Yuhong will adhere to the vision of "becoming the most valuable enterprise in the global building materials industry", with the support of Putuo District government, carry out in-depth cooperation with Lingang group and enterprises in the region, continuously build the core competitiveness of the company, and actively practice corporate social responsibility. The melting viscosity range of keta spire KT (8) 10 is 0 65kpa-s to achieve win-win results among the three parties