February 23-24, Mr Marco Tronchetti, the President of Italian Pirelli Group and Mr. Gori, the General Manager and other Group top officers visited Hixih Group by a private plane, conducting in-depth and extensive exchange of communication with the group Chairman Mr Niu Yishun, executive director Mr. Niu Teng and other top officers on the matters of production and operation of the joint venture, new projects and further cooperation for joint further development.

On the evening of 23rd, Mr Mei Yonghong, Jining deputy Secretary Municipal Committee of the CPC & Jining Mayor received Mr Tronchetti and the team in Hixih Group, and participated in the reception dinner held by the Group. Jining Municipal Government Deputy Secretary Mr Li Shimin, Yanzhou City Party Committee Secretary Tian Zhifeng, Mayor Zhang Yuhua, and relevant functional department responsibles from Jining, Yanzhou attended the meeting.
 
During the meeting, Chairman Niu first introduced the cooperation situation between Hixih Group and Pirelli. He pointed out that since the joint venture was established in 2005, the cooperation between the two sides has been very pleasant and successful. Both sides integrated different culture, management philosophy together, which made the joint venture has achieved rapid development. This not only benefited from the strong support of governments at all levels, also benefited preference and support from the president Mr Tronchetti. and the CEO Mr. Gori. On January 19th, we successfully held automobile exhaust filter press conference in Beijing, Many agencies around the country have expressed the intention to cooperate. Jining government gave strong support on the installation of filters with the filter vehicles subsidy of 5,000 RMB. I believe that through our efforts, the filter project will achieve a good development.
   
After hearing the chairman’presentation, Mei Yonghong made a speech. First, he showed his warm welcome to Tronchetti and best wishes to Hixih and Pirelli’s successful cooperation. He pointed out that the joint and cooperation between Pirelli and Hixih is the success of economic and technological exchanges and cooperation between China and Italy, also another breakthrough and new bright spot in the process of city’s further opening-up and the introduction of foreign investment. 2500 years ago, Shandong came out a saint who had an important impact on Chinese culture and ideology, and as Italy has a long history and splendid culture , which also made an major impact on the development of European civilization. 2500 later, Shandong Hixih and Italian Pirelli build a successful joint venture, which is full of historical opportunity. Among the entrepreneurs I’ve ever seen, chairman Niu is an outstanding one. He has a broad vision, advanced ideas and excellent quality. Under his leadership, the company continuously made new achievement achieved a new leap. Pirelli’s increasing investment in China is based on the trust of the chairman’s ability and quality. Hope that Pirelli could regard Hixih as an important base to develop strategy and accelerate the industrial investment. We should deepen the communication and cooperation while promoting the existing joint venture projects and f