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Tunghsu Group cooperated with Sichuan Province to promote the new energy vehicles business development


    On September 13th, Tunghsu Group signed a strategic agreement with Sichuan Provincial Investment Promotion Bureau. The two sides will intensify the cooperation in fields of new materials, equipment manufacturing, optoelectronic display, new energy vehicles, financial service, and Characteristic towns development.

    Meanwhile, Group Chairman Li Zhaoting, and Vice Secretary of Sichuan Provincial Committee of the CPC and Governor of Sichuan Provincial People's Government Yin Li attended the meeting. Yin Li expressed that he hoped the two sides could work together to expand the cooperation space and conduct the project precisely to achieve the win-win development.
    Chairman Li Zhaoting, along with CITIC Group President Wang Jiong, HNA Group Chairman Chen Feng, and other entrepreneurs agreed that they had experienced the unique charm and development vitality of Sichuan Province, and they hoped they could share the development dividend of Sichuan’s overall development and full open-up.
    As one of the Top 500 of Chinese Private Enterprises, Tunghsu Group is the pioneer of Chinese national industry. It has three listed companies, which are Dongxu Optoelectronic (000413), Tunghsu Azure (000040), and Challenge (002486), and more than 200 wholly-owned or controlling subsidiaries. The business covers Beijing, Shanghai, Shenzhen, Tibet and other 20 domestic provinces and autonomous regions.
    It has been 20 years for the group to implement the strategic upgrading and industrial expansion. It has engaged in a variety of industries including optoelectronic display materials, high-end intelligent equipment, graphene industrialization application, new energy, environmental protection and other diversified industries. The new energy vehicles and optoelectronic display materials highly fit the Sichuan Province’s industry distribution so that the cooperation prospect is promising.