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Jianhua Holdings and Ras Al Khaimah Port Group of the United Arab Emirates signed a memorandum of understanding on cooperation

Release time:2024.11.19

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On September 11, 2024, Xu Jingxin, founder and chairman of Jianhua Holdings Group, paid a visit to Sheikh Said bin Sager Al Hashemi, a member of the United Arab Emirates Federal Supreme Council and Chief of the Ras Al Khaimah Emirate, in Shenzhen. He had in-depth discussions on Jianhua Holdings Group's investment cooperation in the United Arab Emirates and witnessed the signing ceremony of the cooperation agreement between Jianhua Holdings Group and the Ras Al Khaimah Port Group. Xu Peijian, President of Jianhua Holdings Group, and Roy Cummins, CEO of Ras Al Khaimah Port Group, signed a memorandum of understanding on behalf of both parties for cooperation.

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According to the signed memorandum of understanding, Jianhua Holdings Group intends to establish an advanced prestressed high-strength concrete pipe pile production base in Ras Al Khaimah, United Arab Emirates, with a focus on covering and meeting the growing demand for high-quality, green, and low-carbon emission building materials in the Gulf and Middle East markets. The signing of this memorandum of understanding for cooperation reflects the strategic determination of Jianhua Holdings Group to focus on the domestic market, expand into the Middle East market, and accelerate international development.

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Roy Cummins, CEO of Ras Al Khaimah Port Group, expressed his great pleasure in partnering with like-minded strategic partners such as Jianhua Holdings Group. The establishment of the new production base will not only help the Ras Al Khaimah Port Group meet the growing demand for building materials in the region, but also further consolidate the company's important position in the UAE industrial sector.

Xu Jingxin, Chairman of Jianhua Holdings Group, stated that Jianhua Holdings Group is committed to long-term investment and sustainable development with over 30 years of profound accumulation in precast concrete products and technology. The group expects to gain strategic advantages in entering the Middle East market for long-term development through strategic cooperation with the Ras Al Khaimah Port Group and local partners, while contributing to the economic development of Ras Al Khaimah and the United Arab Emirates.

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