On June 5, 2022, Professor Zhao Weimin of Hebei University of Technology was invited to discuss the investment project of Zhihui Worm Ink High end Equipment Manufacturing Materials Industrial Park in the conference room of the People's Government of Huantai County with Chen Zhiyuan, member of the Standing Committee of the CPC Huantai County Committee and deputy head of the county, and other responsible persons of the Party committee, relevant government organs and departments. He Yujin, Secretary of the Party Committee of Tangshan Town, Zhang Zhiwei, Deputy Mayor of Tangshan Town Government, Wei Jingfen, Chairman of Zhong'an United Investment Group Co., Ltd., Zhang Yuecheng, Chairman of Shandong Zhihui Vermilion New Material Technology Co., Ltd., Wang Jitao, Management Committee of Shandong Zhihui Vermilion New Material Technology Co., Ltd., and other members attended the meeting.

Zhong'an United Investment Group Co., Ltd., once a school run enterprise of Beijing Jiaotong University, headquartered in the International Student Pioneer Park of Beijing Jiaotong University, has a post doctoral entrepreneurship town in Weishanzhuang, Daxing, Beijing. It is a professional investment management group company engaged in private fund management and investment, asset management, investment banking and industrial comprehensive financial services, a full capital chain financial service provider, and a developer of regional financial and educational integration, Currently, it has become an influential financial investment group in the capital market. In April 2022, Zhong'an United Investment Group Co., Ltd. signed a custody agreement with the manager of Zhihui Company. On April 28, a cooperation agreement was signed with the People's Government of Huantai County to build Zhihui Worm Ink High end Equipment Manufacturing Materials Industrial Park.

 At the negotiation meeting, Professor Zhao Weimin elaborated in detail on a series of issues such as the "cast steel high-speed rail brake disc project" and the expected economic and social benefits. In the project planning, it is introduced that Zhihui Industrial Park is committed to presenting an industrial ecosystem of "one core, two major platforms, and four key industrial fields", focusing on building a manufacturing industry new city that integrates technology, industry, platform services, and supporting functions. Focusing on the research and application of new materials, focusing on the rail transit industry, and focusing on technological innovation and industrial services, we aim to create an industrial innovation platform and a high-end equipment manufacturing cluster. At the same time, we look forward to further strengthening interaction and exchange with the government, improving the level of school enterprise cooperation, establishing a platform for industry, academia, and research cooperation, expanding the emerging fields, promoting the transformation of achievements, and better supporting the high-quality development of the local economy and society.

After Professor Zhao finished the project introduction, the heads of each department in the county gave speeches on how the project could proceed smoothly. Among them, Director Xu Yang of the County Development and Reform Bureau proposed that in order to quickly implement the project, it is necessary to register it with the Industrial and Information Technology Bureau as soon as possible, so as to facilitate new projects in the future. Li Qing, director of the Huantai County Local Financial Supervision and Administration Bureau, said that we will coordinate and follow up on what needs to be coordinated in the process of restructuring. In addition, in terms of funding for industrial parks and new projects, we will fully coordinate with banks and funds to provide support. Wang Yu, Deputy Director of the Commerce Bureau, said that various policies have been fully utilized from the beginning of the project and fully support the enterprise.

At the meeting, Chen Zhiyuan, member of the Standing Committee of the Huantai County Party Committee and deputy head of the county, said that Zhihui Worm Ink Company was originally an enterprise, not an industry. However, the grand blueprint described by Professor Zhao Weimin, once realized in the future, heralds another new industry taking root in Huantai. With the blessing of Professor Zhao and the high-end management team of Mr. Wei, the current Zhihui Vermilion will undoubtedly become another foreseeable and achievable grand blueprint. Compared to other industries, this high-end equipment manufacturing industry is highly valuable and technologically advanced. Therefore, we must do a good job in the project of the high-end equipment manufacturing materials industrial park. Before this, why did the development of enterprises fail to meet our expectations for development for decades? In fact, what was lacking was Professor Zhao, a leading figure in the industry. Even with technology and talent, it would not be feasible without Wei Zong Investment Group's strategic investment and modern management team. The integration of industry leaders and teams with modern management concepts is particularly important for enterprises to leap forward and develop. Vice County Mayor Chen Zhiyuan also stated that the government will make every effort to match and integrate various available resources for enterprises, and make every effort to create a market-oriented, legalized, fair, and open business environment. The next urgent task is to accelerate the pace of enterprise restructuring. After the restructuring is completed, the pace of project implementation can be accelerated. At the same time, for the rail transit project proposed by Professor Zhao, the government will provide full support in project planning, land, fiscal, financial policies, talent policies, and supporting water, electricity, and heating infrastructure, especially in terms of fiscal policies. In the future, the enterprise and the government will work together to make this project a new growth point for the development of industrial enterprises in Huantai County.

He Yujin, Secretary of the Party Committee of Tangshan Town, stated that Zhihui vermicular graphite has the financial advantages of General Wei, coupled with Professor Zhao's technological advantages and the material advantages of vermicular graphite cast iron itself. Combining these advantages, it will have great potential. Currently, Zhihui Vermilion can prioritize integrating existing land to meet the needs of new projects on a small scale. At the same time, enterprises can obtain government policy support by listing new technological transformation projects based on their actual situation. At present, Zibo's current technological transformation loan policy and financial support are very strong. As long as projects meet technical requirements, they can be quickly approved, greatly alleviating the financial pressure on enterprises. Currently, what projects do enterprises need to undergo technological transformation? Quickly organize them and report them to the Economic and Information Bureau for storage. Once they are stored, they can initiate the policy of technological transformation loans. The urgent task at present is to stabilize production first and quickly end the restructuring of the enterprise.

Wei Jingfen, Chairman of Zhong'an United Investment Group Co., Ltd., emphasized that currently, the country strongly supports the real economy. Our annual production of 130000 tons of vermicular graphite cast iron castings is a single champion in the country. On the basis of enterprise technology and production capacity, through expansion and optimization, we will focus on optimizing and strengthening high-speed rail brake discs and heavy-duty car brake discs projects, and achieve new breakthroughs in the application of new materials in high-end equipment manufacturing. Mr. Wei emphasized that attracting investment is a new way of thinking, and technology and capital are closely related in a logical relationship. By combining new materials such as cast steel and vermicular iron, and applying all casting and steel casting technologies to design, the investment in the industrial chain of aerospace equipment and precision machining will be twice the result with half the effort.

Zhang Yuecheng, Chairman of Shandong Zhihui Vermilion New Material Technology Co., Ltd., said that in just 5 days since the establishment of the company's management committee, Mr. Wei has done all the big things and has a very broad vision. At the same time, there have been significant changes in management, indicating that Zhihui Vermilion Ink will have great development in the future and is just around the corner.

At present, Zhihui Worm Ink Co., Ltd. is in the Key Stage of promoting high-quality development. It must speed up industrial transformation and upgrading and take the road of innovative development. We need to further strengthen interaction and exchange with universities, establish a good platform for industry, academia, and research cooperation, actively expand cooperation areas, and promote the transformation of achievements. At the same time, we also need to actively strengthen communication with the government, strive for more policy support, and make every effort to build a high-end equipment manufacturing cluster for Zhihui vermilion ink, better supporting the high-quality development of the economy and society in Huantai.