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On January 20, China National Building Material Group (CNBM) signed a strategic cooperation agreement with Suzhou Municipal People's Government and Suzhou Lab during a ceremony held in Nanjing. The signing ceremony was attended and witnessed by Xu Kunlin, Governor of Jiangsu Province; Liu Xiaotao, Member of the Standing Committee of the Jiangsu Provincial Committee of the Communist Party of China (CPC), Secretary of the CPC Suzhou Municipal Committee, and Party Secretary of Suzhou Lab; Zhou Yuxian, Chairman of CNBM and China National Building Material Co., Ltd.; and Xu Nanping, Academician of the Chinese Academy of Engineering and Director of Suzhou Lab.

CNBM and the Suzhou Municipal People's Government have signed a strategic cooperation agreement, under which both parties will leverage their respective strengths to support the construction of the "Suzhou Advanced Materials Valley". The collaboration aims to establish a world-class research and development center, positioning the "Materials Valley" as the Yangtze River Delta's R&D hub for China's new materials industry, a collaborative innovation and achievement transformation base for Suzhou Lab, and a key industrial cluster for advanced materials in Suzhou. The agreement was signed by Mao Wei, Deputy Mayor of Suzhou, and Qu Xiaoli, Deputy General Manager of CNBM, representing their respective parties.

CNBM has reached a strategic cooperation agreement with Suzhou Lab. The partnership will deepen collaboration in key areas, including joint efforts to tackle critical technological challenges, promote the achievement transformation and demonstration, and jointly develop talent.

During the ceremony, CNBM's subsidiary, CNBM Investment, also signed a strategic cooperation framework agreement with Suzhou Capital Group and SND Financial Holding. The parties plan to jointly establish a Future Science and Technology Innovation Fund with a total scale of RMB 5 billion, including an initial phase of RMB 2 billion. The fund will focus on strategic emerging industries such as new materials, new energy, and integrated circuits, with an emphasis on early-stage, small-scale, long-term investments in hard technology.

Prior to the signing ceremony, Mr. Zhou Yuxian held a meeting with Mr. Liu Xiaotao and Mr. Xu Nanping.  The parties exchanged views on advancing the implementation of the "Suzhou Advanced Materials Valley", promoting collaborative innovation, and facilitating the achievement transformation.