On the afternoon of October 10, NHU and TOYOBO held a signing ceremony for the NHU-TOYOBO project in the headquarter. Under the joint witness of the leaders of both sides, Mr.Zhou Guiyang, general manager of the new materials business division of NHU, signed an agreement with the chairman of TOYOBO Shanghai, marking the official opening of the PPS fiber cooperation project between the company and TOYOBO.

NHU is always committed to the research and development of polymerization process of high-performance resin, through the professional production with high efficiency, stability, energy conservation and environmental protection, to produce higher quality and environmental protection PPS resin material products, which could provide more comfortable, environmental protection and healthy material products for human life. But for the moment, in PPS downstream spinning fiber industry technology, NHU still has a certain distance from the industry benchmark.

As a well-known textile company in the world, TOYOBO has more than 130 years history of textile technology, which can provide technical support for NHU and improve the quality and production management level of PPS fiber. At the same time, TOYOBO will also utilize the advantages of NHU PPS resin raw materials to strengthen its spinning fiber industry. This cooperation will achieve complementary advantages, mutual benefit and win-win results, and promote the development of PPS fiber industry.

At the signing ceremony, NHU and TOYOBO respectively introduced their corporate culture, product business and other information. This PPS fiber project cooperation is just a starting point for the cooperation between the two sides. In the future, the two sides will have more and deeper cooperation in other businesses of new materials.

Hu Baifan, the chairman of NHU, expressed full confidence to the future of NHU new materials, and pointed out that NHU would continuously improve technology, process, quality and service and strive for more resources to enhance product value, and achieve high-level, high-quality and high-standard development. Mr.Hu also expressed admiration for the 137-year development history of TOYOBO. There are many similarities between the corporate culture of both sides. He said that NHU will always adhere to the open concept and be willing to learn from excellent enterprises. He firmly believed that through the step-by-step efforts of both sides, it will surely succeed.

In the fierce market competition, cooperation is an important factor for the success of modern enterprises. The strong cooperation between enterprises can promote the technological progress of both sides and improve the conditionof capital, etc. The cooperation between NHU and TOYOBO provides the advantages for both sides. Only when the two sides learn from the other and complement their own weaknesses, can they gain the win-win results and establish oneself in an unassailable position.

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