On July 19, Gao Yuankun, Chairman of Linuo Group, and Wang Yuehai, Chairman of Wuhan Twin Tigers Coatings, visited IBI. Qian Xiaojun, the actual controller, CEO/President of IBI, Liu Zhai, Senior Vice President of IBI and CEO of TDD, and other leaders conducted in-depth exchanges with the visiting party on the early cooperation intentions of digital supply chain services based on the construction of industrial Internet platforms and cross-border services of industrial belts. Shao Chunsheng, Vice President of TDD and General Manager of the coating industry, and Wang Yuehai, Chairman of Twin Tigers Coatings, signed a strategic cooperation agreement.

Founded in 1994, Linuo Group is one of the top 500 manufacturing enterprises in China. Wuhan Twin Tigers Coatings is the core enterprise of Linuo Group's new materials sector, and is also a leading enterprise and representative enterprise in China's national coating industry, and auto coatings, anticorrosive coatings, alkyd magnetic coatings, and interior wall coatings of Twin Tigers Coatings and other major categories of products have been identified as "Hubei famous brand products".

After in-depth exchanges and demonstrations, both IBI and Linuo Group realized that there is extensive room for cooperation between the two sides in the field of digital supply chain services based on industrial Internet platform operation and the cross-border overseas services in industrial belts. Based on the downstream order collection advantages of the TDD platform and the upstream supply chain guarantee advantages, it can help Twin Tigers Coatings to reduce costs and increase efficiency in the whole chain and all links, and at the same time, based on the comprehensive service capabilities of the TDD-GLOBAL platform, it can ensure that Twin Tigers Coatings can achieve fast, good and cost-effective cross-border and go overseas business.

Based on the signing of this strategic cooperation, TDD and Twin Tigers Coatings will jointly create value in the direction of domestic and international dual circulation by the coordination in the global industrial chain.

Wu Changhong, Investment Director of Twin Tigers Coatings, Lin An, Technical Director, and Zheng Delian, Vice President of TDD, participated in the exchange and strategic cooperation signing ceremony.