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On the afternoon of June 11, China Bester and Jingmen High-tech Zone Management Committee signed a cooperation agreement on the Jingmen Optoelectronics Industry Project. Wang Qiyang, Secretary of the Jingmen Municipal Party Committee, Zhao Jun, Member of the Standing Committee of the Municipal Party Committee and Executive Deputy Mayor, Cheng Che, Vice Chairman of the Chinese People’s Political Consultative Conference, Jiang Yun, Director of the Municipal Investment Promotion Bureau; Zhou Junjie, the executive deputy director of the district management committee and the head of the dagger district, attended the signing ceremony. Li Liubing, Chairman of China Bester Group, Lu Nianqing, Vice President and Secretary of the Board of Directors, Tang Haibin, Leader of the Preparatory Team of the Intelligent Transportation Division; Lian Zilong, Chairman of Jingmen Razor Optoelectronics Technology Co., Ltd., and Duan Wei, General Manager, attended the signing ceremony.

Chairman Li, on behalf of the Board of Directors of China Bester Group, expressed his gratitude to the Jingmen Municipal Party Committee, the Municipal Government, and the leaders of Jingmen High-tech Zone and Dao District at all levels! In the new stage of development, China Bester has extended the industrial chain through mergers and acquisitions, and coordinated the layout of 5G base station related transmission products. This coincides with the development of Jingmen Ruizhe Optoelectronics, which is a collection of optical technology research and optical product development. A high-tech enterprise integrated with manufacturing, leading the industry in free space technology, ultra-small technology, and integrated technology of optical passive components. The passive WDM products produced can meet the requirements of 5G base station transmission and backbone network data centers. High-speed optical transmission needs; at the same time, Razor Optoelectronics has also made progress in the field of lidar for autonomous driving, and will cooperate with internationally renowned companies that produce automotive lidar to enter the field of automotive autonomous driving. The product technology of Razor Optoelectronics, combined with the capital, market resources and corporate management of China Bester, will have a broader market prospect; with the steady advancement of China Bester's overseas market, related products can be further expanded in overseas markets. China Bester Jingmen Optoelectronics Industry Project, with a planned total investment of 360 million yuan, will be invested and constructed in two phases, of which 150 million yuan will be invested in the first phase to acquire the equity of Jingmen Razor Optoelectronics Technology Co., Ltd. (including land and plant) and expand the passive optical communication The production scale of device products; Phase II builds new workshops on reserved land and starts new projects according to development needs.

Secretary Wang expressed his congratulations on the signing of the project on behalf of the Jingmen Municipal Party Committee and the Municipal Government. He pointed out that the signing of the project is a concrete action for Jingmen City to implement enterprise mergers and reorganizations and win-win cooperation, and it is a vivid practice of enterprises "seeking commanders as soldiers" and mutual benefit and win-win results. The investment of China Bester in Jingmen will surely inject strong momentum into the development of Jingmen's electronic information industry, form a driving effect, and attract more optical communication industry chain enterprises to invest in Jingmen. The municipal party committee and the municipal government will focus on creating a first-class business environment in the province, striving to create a comprehensive reform pilot area for optimizing the business environment in the province, and do a good job of serving enterprises as the "shops and small two" to provide better services and environment for the development of China Bester in Jingmen and the High-tech Zone and Daodao District shall actively provide a full range of high-quality services for project implementation, investment construction and business operation, so that China Bester can be assured of investment, operation and development in Jingmen.

With the signing of the project, the two parties will work together to enlarge and strengthen the Jingmen Optoelectronics Industry Project, undertake a good job in high-quality products, reduce costs, and increase efficiency, and achieve the goals of increasing income, generating profits, and creating taxes. Relying on Jingmen's good business environment and regional advantages,China Bester will give full play to its advantages in technology, capital, talents, and markets,  participate in the construction of Jingmen's smart city and smart transportation, and carry out in-depth cooperation to achieve win-win development.