Brief News | Guangxi Shenyu and Wuzhou City Investment Group Sign Cooperation Framework Agreement

In late July of this year, after rigorous review and screening by an expert panel, Guangxi Shenyu New Materials Co., Ltd., a subsidiary of Shenyu Group, successfully passed the qualification review and approval of Wuzhou City Construction Investment and Development Group Co., Ltd. (hereinafter referred to as Wuzhou City Investment Group) for supplier registration, and was selected as a qualified supplier in Wuzhou City Investment Group's supplier database. The participating suppliers included building materials suppliers related to municipal engineering, real estate development, and shantytown renovation, such as steel, concrete, cement, pipe piles, wires and cables, ceramics, stone, timber, coatings, steel pipe fittings, doors and windows, fire-fighting equipment, lighting fixtures, and landscaping.

Shenyu Group possesses professional and mature technologies in building waterproofing, thermal insulation, and concrete admixtures, and strictly adheres to market rules and national regulations. Becoming a supplier to Wuzhou City Investment Group and establishing a friendly cooperative relationship not only reflects the group's affirmation of our products and services but also represents a comprehensive review and strong recognition of Shenyu Group's overall strength. Facing the development opportunities of the new era, Shenyu Group consistently upholds the core values ​​of "people-oriented, creating satisfaction," sincerely treating every customer, striving to become an outstanding brand in the national waterproofing and insulation construction field, and continuously creating stable value returns for local governments.

Wuzhou City Construction Investment and Development Group Co., Ltd. (hereinafter referred to as Wuzhou City Investment Group) was established in August 2018. It is a wholly state-owned enterprise with a registered capital of 3 billion yuan and total assets of nearly 50 billion yuan. It has 50 wholly-owned and holding subsidiaries and more than 2,300 employees. Since its establishment, Wuzhou City Investment Group has built a three-pronged industrial structure of investment and development, construction, and capital operation, creating five major business segments covering municipal engineering, real estate, construction, operation, and asset management. It promotes the urbanization and industrial transformation and upgrading of Wuzhou City and realizes the preservation and appreciation of state-owned assets.