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Qinhuangdao's Growing Partnership with Zhending Technology Group: A Step Toward Sustainable Innovation - PCB Manufacturing

On the afternoon of February 16, Mayor Ding Wei met with Mr. Shen Qingfang, Chairman of Zhen Ding Technology Group (4958.TW), to discuss the future of their collaboration and explore opportunities for mutual growth. The two sides held in-depth discussions on enhancing practical cooperation and achieving a win-win situation.

Mayor Ding highlighted the progress of Qinhuangdao's economy and society, reflecting on the past year's efforts. He emphasized the city's commitment to aligning with Xi Jinping's key directives and seizing strategic opportunities in the Beijing-Tianjin-Hebei collaborative development framework. With policies such as “Two New and Two Major” gaining momentum, the city has focused on attracting investments, launching new projects, and stimulating consumer spending, leading to significant strides in high-quality economic and social development. Zhen Ding Technology Group, since its establishment in Qinhuangdao, has been a leader in innovation, increasing its investment in research and development while continuously upgrading its products and technologies. Mayor Ding expressed hope that Zhen Ding would continue its role as a key industry player, investing further in Qinhuangdao, especially in sectors like artificial intelligence and new energy, and help identify new growth avenues. The municipal government reaffirmed its support, promising to ensure a conducive environment for business development and collaboration.

Mr. Shen, for his part, shared insights into Zhen Ding's progress and future strategies. He praised Qinhuangdao for its favorable ecological environment, strategic location, and unique resource advantages, describing the city as an ideal place for business investment and growth. Zhen Ding's subsidiaries, Hongqi Sheng and Lidin, have become the group's most promising divisions. For 2024, Zhen Ding Technology plans to continue prioritizing Qinhuangdao as a strategic base, expanding investments in new technologies and processes. The group is also eager to explore more opportunities for deeper and broader cooperation to contribute even further to the region's sustainable economic development.

Also worth noting, Zhen Ding Technology was recently recognized by international sustainability ranking organization S&P Global. On February 11, the company was included in the S&P Global Sustainability Yearbook for the third consecutive year, marking a significant achievement as the only Taiwanese PCB company to make the list. The Yearbook recognizes companies that demonstrate outstanding sustainability performance in their industries.

Zhen Ding's leadership in the PCB sector is closely tied to environmental sustainability. Going forward, the company aims to collaborate with its supply chain partners to promote green manufacturing practices. This includes advancing energy-saving technologies, reducing emissions, and improving water resource management. Zhen Ding is committed to reducing the environmental impact of its operations, emphasizing its role in shaping a sustainable future.

In addition to environmental concerns, Zhen Ding Technology sees its people as the company's most valuable asset. The company places great emphasis on talent development, fostering diversity, inclusion, and employee well-being as essential components of its sustainable growth. Zhen Ding currently collaborates with over 17 universities and institutions across Taiwan and mainland China, strengthening ties to local communities and advancing PCB innovation. In 2024, the company will expand its partnerships with Chung Hua University and Longhua University of Science and Technology to further integrate local ecological conservation efforts and nurture talent for the PCB industry.

As Zhen Ding Technology continues to prioritize both environmental, social, and governance (ESG) factors, the recognition from S&P Global not only affirms the company's achievements but also serves as a motivation for future growth. With a focus on EPS (earnings per share) and ESG principles, Zhen Ding is determined to enhance its global competitiveness and contribute to sustainable value creation alongside its global partners.

With this continued commitment to innovation and sustainability, Zhen Ding Technology Group is poised to be a key player in driving both regional and global sustainable development.

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