Company News
TISCO signs strategic cooperation agreement with CBPM

By SHENG Wenli and ZHANG Bo UpDate 2019-11-21

The contract signing ceremony of a strategic cooperation agreement with China Banknote Printing and Minting Corporation (CBPM) was held in Garden International Hotel on November 19th. Mr. Li Hua, the standing member of TISCO CPC Committee and general manager of STSS, and Mr. Yang Wentian, vice general manager of CBPM attended the ceremony.

Li Hua made a speech on behalf of TISCO. He noted that, TISCO has persisted in independent innovation and served the state with industry for many years. The company is a reliable cooperation partner who perfectly completes the mission of supplying raw material for minting. The agreement has great significance to both companies as it marks a milestone for the cooperation between two companies and a new starting point for a mutual benefit partnership. Li believed the two companies will fully play their own advantages, seize the opportunities aroused by the Belt and Road Initiative, and strengthen their cooperation into a higher level and wider spectrum.

Yang stated that, since the beginning of this century, CBPM has established close cooperation with TISCO. Building a first-class enterprise cannot do without first-class partners. Over the years, TISCO has substantially supported China's coinage industry and has become the best partner of CBPM. The CBPM has been impressed by TISCO's excellent product quality and efficient service. Starting from the signing of the strategic cooperation agreement, the two sides will certainly be able to carry out more in-depth cooperation in the improvement of RMB product quality, research and development of coinage metal materials, intelligent manufacturing, international market development, cultural brand building and other aspects to promote the technological upgrading of the national coinage industry.

Mr. Shang Jiajun, the board director of STSS and director in charge of marketing, and Mr. Jiang Hui, the director of centralized purchasing department of CBPM, signed the agreement as representatives of two parties separately.

Yang Wentian and his team made a plant tour to TISCO Carbon Fiber Technology Co., Ltd. before the contract signing ceremony.