On May 7, 2019, Zhang Xia, chairman and general manager of the company, Zhao Zhengcong, chief engineer, and Shi Junfeng, manager of the overseas business department, arrived in Tanzania to start a three-day market visit, project communication and localization cooperation and exchange.

Mr. Zhang and his entourage first visited and inspected the central enterprises in Tanzania and the Chinese general contractors currently cooperating with them. They exchanged views on the political environment, market, financial situation and import and export trade policies of Tanzania and East African countries respectively, and deepened their understanding of local project operations, understand the key information of the bidding mode and the execution of the winning bid.

Afterwards, Mr. Zhang and his team also visited the local cooperative company MSHALE& AFEMATE in Tanzania. The two parties held a local cooperation discussion meeting together, and completed the confirmation of the current cooperation progress, the discussion of the detailed cooperation model, the formulation of the next action plan and other aspects of cooperation. and signed a memorandum of discussion meeting. This meeting further promoted the localization process of WISDOM in Tanzania, and laid a good foundation for the company to develop the Tanzanian market and expand the East African region.

Signing the memorandum