Yingtao International, a subsidiary of China National Building Materials Group.

On July 7, a joint venture company jointly funded by Hunan ADTO Building Materials Technology Co., Ltd. (hereinafter referred to as ADTO Building Materials) and Yingtao International Trading (Shanghai) Co., Ltd. (hereinafter referred to as Yingtao International)-Hunan Yingyuan Construction Technology Co., Ltd. Officially listed! The two parties will in-depth lay out. With the help of China National Building Materials Group system resources, ADTO Building Materials uses the advantages of the supply chain, talents, experience, system, and resources of ADTO's system to strengthen cooperation and win-win each other and realize the matching of supply and marketing resources of the joint venture. Docking.

Yingtao International is affiliated with China National Building Materials Group, a building materials industry management company approved by the State Council. In the post-epidemic era, it has continuously expanded its business scope, explored more "internal loop" new economic growth points, and has a deep layout in international trade, aluminum molds, and aluminum molds. Climbing frame, basic building materials, and other businesses.

Hunan Yingyuan Construction Technology Co., Ltd., a joint venture established by Yingtao International and ADTO Building Materials, is positioned as a sales and service enterprise with the nature of the state-owned capital investment. Yingtao International is responsible for the financing of the joint venture company's business while using its own advantages to integrate customer resources, and ADTO Building Materials is responsible for the joint venture company's business development, risk control, team training, etc.

At the beginning of the establishment of the joint venture, Mr. You Yanming, Chairman of ADTO Building Materials Group, and Mr. Yin Yezhu, Chairman of Yingtao International, had a discussion based on the prospect of cooperation between the two parties. Chairman Yin Yezhu highly recognizes ADTO’s business model and has deep expectations and confidence in the in-depth cooperation between the two parties in the future. The two parties will conduct comprehensive and in-depth cooperation in the fields of home building materials and construction engineering equipment, quickly finalizing cooperation details, reaching consensus, and quickly completing the registration Process, and formally start cooperation.

On July 20, ADTO Building Materials and Yingtao International held a special work meeting on the development of the joint venture company to clarify the work direction, personnel arrangement, and work plan of the two parties in the fields of basic building materials, international trade, and government project cooperation. Both parties are full of confidence and expectation that orders will be generated in the month of the establishment of the joint venture company.