On October 11, at the signing ceremony of key projects of Jining Energy Precision Manufacturing Industrial Park and the commencement ceremony of park construction phase II, the Chief Accountant of Panda Electronics, General Manager of Panda Equipment Mr. Hu Dali signed a strategic cooperation agreement with the General Manager of Jining Luoling New Mineral Products Company under Jining Energy Shengyuan Holding Mr. Cai Chengkui. Focusing on the goal of "building a digital economy intelligent manufacturing project", the two sides established a strategic partnership to jointly promote the construction of digital economy intelligent manufacturing and industrial development.

Jining Luoling is an important carrier for Jining Energy Shengyuan Holding to promote the implementation of advanced manufacturing industry. Panda Equipment will take this strategic cooperation as an opportunity to give full play to its own advantages, relying on leading intelligent manufacturing technology and competitive industrial Internet platform, to enable enterprises in the project park to become intelligent and digital. In terms of industrial expansion, Panda will work with Jining Luoling to build a digital intelligent factory for mining products and a digital information demonstration factory based on their respective industrial and technological advantages, so as to achieve a new situation of mutual benefit, win-win results and common development.

At the same time, Panda Equipment will strengthen the integration of pilot projects with regional economic development, promote the transformation and upgrading of enterprises, strive to build upstream and downstream industrial chains and industrial ecosystems, and select and build a new development track that can be used for reference, copied and promoted.