On November 15, 2023, the Nanning (Shenzhen) ASEAN Industrial Cooperation and Innovation Center and the Nanning (Shenzhen) ASEAN Industrial Investment Promotion and Consultation Center were unveiled in Nanshan District, Shenzhen. Themed "Collaboration, Innovation, and Cooperation," the event was hosted by the People's Government of Shenzhen Municipality and the People's Government of Nanning City, and organized by the Science and Technology Bureau of Nanning City, the Investment Promotion Bureau of Nanning City, and Beijing Zhongguancun Information Valley Asset Management Co., Ltd.

Guests including Liu Zongxiao, Vice Mayor of Nanning, Liu Weixiang, Director of the Rural Revitalization and Cooperation Exchange Bureau of Shenzhen, and Shi Qilin, Director of Zhongguancun Information Valley Company and Secretary General of the Zhongguancun Technology Entrepreneurs Association, graced the occasion, alongside Lyu Haiyan, Vice President of Duofu Group, and Jin Yan, Executive President of Duofu Industrial Development Group.

During the 2023 China-ASEAN Expo, Nanning and Shenzhen signed the “Strategic Framework Agreement for Building the Nanning (Shenzhen) ASEAN Industrial Cooperation Zone,” aiming to fully leverage the comparative advantages of the two areas and jointly create a cross-border integrated industrial platform oriented towards ASEAN and international markets. This event marks a specific and practical measure for Shenzhen-Nanning cooperation.

The day saw the signing of a project cooperation agreement between Nanning Zhongguancun Information Valley Company and Duofu International Holdings Group Limited, witnessed by the distinguished guests.

Ms. Lyu Haiyan, Vice President of Duofu Group, highlighted the strategic transformation of Duofu Group, emphasizing that the agreement is not only a milestone for the two companies but also a significant initiative to promote the development of renewable energy and environmental protection technology industries. Duofu will continue to utilize its management and capital strengths to facilitate the transformation of traditional industries, the advancement of emerging sectors, and the establishment of high-tech industrial clusters.

Lyuexpressed her confidencein the cooperation betweenDuofu Group and Zhongguancun Information Valley, which will collaboratively drive the progress of renewable energy and environmental protection technology industries, leveraging their respective strengths. Together, the parties will establish clusters in these sectors, along with ecological chains in the Greater Bay Area and Guangxi, not only fostering the industrial growth in the region but also generating substantial economic and social benefits for the local communities. Amid market uncertainties, rapid technological advancements, and intense industry competition, the two entities will explore the market, enhance technology, optimize management, and achieve mutually beneficial outcomes through innovation and collaboration.

Expressing high expectations for this collaboration and explaining Duofu’s corporate culture based on good faith, Lyu firmly believed that through their joint efforts, they will propel the renewable energy and environmental protection technology industries to new heights, making substantial contributions to the sustainable development of society and the economy.

The Nanning Zhongguancun Information Valley Company expressed its dedication to strengthening partnerships with various stakeholders in Shenzhen, Nanning, and Beijing. They aim to actively explore innovative cooperation models to attract more advanced technologies, high-level talents and foreign capital, and work towards the coordinated development of the three regions, fostering “industrial cooperation, mutual benefit, mutual support, and mutual promotion.”