Recently, the signing ceremony of Baixiang Technology's private placement was successfully held in the Baixiang conference room. Chen Shanzhong, Chairman of Ningbo Futian Group, Wang Liang, Chairman of Nantong Hanshun Machinery, Yao Xiangmei, Chairman of Shandong Xiangxi Trading, Kang Dehong, Chairman of Linyi Kangda Textile Machinery, Chen Baixiang, Chairman and General Manager of Zhejiang Baixiang Technology, Chen Chaoping, Chief Financial Officer of Zhejiang Baixiang Technology, representatives of Xiangcai Securities, representatives of Tianjian Accounting Firm and other relevant principals of the company attended the signing ceremony.

At the ceremony, Ningbo Futian Group, Nantong Hanshun Machinery, Shandong Xiangxi Trading, Linyi Kangda Textile Machinery and Baixiang Technology jointly signed the Agreement.

Chen Shanzhong, chairman of the Futian Group, said in his speech that the two sides had contacted many times before and had a deep understanding of each other. The spirit of perseverance, industry and innovation of Baixiang people is touching. Futian Group has full confidence in Baixiang Technology and expects Baixiang Technology to achieve another good result.

In his speech, Chairman Chen Baixiang introduced the industry position and future development vision of Baixiang Technology. He said that the capital increase investment made the two sides become closer strategic partners, and Baixiang Technology continued to adhere to scientific and technological innovation and make efforts to achieve high-quality development of both sides.

After the signing ceremony, Ningbo Futian Group, Nantong Hanshun Machinery, Shandong Xiangxi Commerce and Trade, and Linyi Kangda Textile Machinery visited the new generation intelligent unmanned glove machine manufacturing base project of Baixiang Technology.