In July 2019, we achieved a strategic cooperation with Rouhigh Group to jointly develop the Bio-Pharmaceutical Oasis industrial park. As a state-owned enterprise in Licang District, Qingdao, Rouhigh Group has total assets of more than 40 billion yuan. It provides strong support to our company in terms of fixed assets such as equipments and premises and policies.

In addition, Qingdao Rongjin Commercial Factoring Co., Ltd., a subsidiary of Rouhigh Group, can offer financial services and financial support for platform-related companies and can issue ABS.