On the afternoon of November 3, Tian Xiangli, member of the Standing CPC Committee of Hebei Province and CPC Secretary of Qinghangdao City, heading a delegation from the city, visited CR and were received by Qiao Shibo, Wang Chuandong, Shi Shanbo and Li Xiaofen on behalf of the Group. The two parties discussed further enhancement of the cooperation between the two parties.

General Manager Qiao expressed his appreciation of the visit of Tian and his party on behalf of the Group and outlined the overall operations, characteristics of the business transformation and development of the Group in recent years and its performance of this year. According to Qiao, CR will focus more on the content-oriented development and the quality and efficiency of the group in future. He expressed thanks to leaders of the province and the city for their support for CR’s local investment and development, and undertook that CR will, while attaching due importance to the current real estate, pharmaceutical and beer businesses, further increase the scope of cooperation with Qinghuangdao and enhance the cooperative relationship between the two parties. He hoped that the municipal government will provide more care and support to CR's development in the city so as to make greater contributions to the economic and social development.

According to Tian, the visit provided him an opportunity to learn more about the development history, business philosophy and corporate culture of CR, which built his confidence in further cooperation with CR. Following the strategy proposed by the provincial CPC Committee and government to include Qinghuangdao in the scope of the growth pole leading in the development of the coastal areas of Hebei, the city is promoting the rise of the city in the coastal areas of the province, providing a huge space for further development. He expressed the hope that CR will integrate its businesses with the unique resources of the city, further promote and deepen the investment and development in the city. He also expressed that the CPC Committee and Government of the city will provide the most favorable support and best services.

Also present at the meeting were leaders from Qinghuangdao, including Ma Yujun (member of Standing Committee and standing Deputy Mayor), Xing Liudai (member of Standing Committee and Deputy Mayor), Liu Baoqi (member of Standing Committee and Secretary-General), Zhang Feng (Deputy Mayor) and leaders of relevant departments and administrative divisions of the city as well as Guo Jinqing, Deputy Secretary-General of the Group, and heads of CR Land, CR Gas, CR Pharmaceuticals, Snow Breweries, etc.