[Taixing, China, December 17, 2021] On the morning of December 17, Liu Wenrong, deputy secretary of the Party Committee of Taixing and acting mayor of Taixing, accompanied by Lu Zhiwei, Secretary of the Party Committee of Quxia Town, Zhang Feng, mayor of the town, and Lu Zhijun, president of the town People's Congress, came to China Shipping Anchor Chain (Jiangsu) Co., Ltd. for investigation. Acting Mayor Liu Wenrong carefully looked at the pilot production situation of the enterprise and the construction progress of Workshop No. 2, carefully listened to the opinions and suggestions of the enterprise on the business environment, and made detailed inquiries on the economic indicators, operation quality and the impact of the epidemic on the development of the enterprise since the pilot production. Company chairman Zhao Shaode accompanied the whole research introduction.

China Shipping Anchor Chain (Jiangsu) Co., Ltd. is a project of more than 100 million yuan attracted by Quxia Town in 2019. The company is deeply engaged in the anchor chain industry, and has developed and produced 22mm~162mm Marine anchor chain, Marine mooring chain and military anchor chain. It also produces high-end chain products such as large-size mining chain and stainless steel chain, welded steel anchor, steel mooring buoy and other mooring products. At present, the annual production capacity of hawse chain and other chains reaches 250,000 tons, including 150,000 tons of Marine hawse chain and Marine mooring chain. 66.8% of the products are exported to countries all over the world, providing supporting facilities for China Shipbuilding, China Merchants Heavy Industry, COsco Heavy Industry and other domestic and foreign terminal customers. At present, 15,000 tons of orders are in hand, and the annual output value is expected to exceed 500 million yuan next year. Chairman Zhao Shaode introduced to acting Mayor Liu Wenrong that after the china shipping anchor chain settled in Taixing, it could be built quickly and trial production, benefiting from the favorable conditions created for enterprises by Taixing's investment policy and business environment. China Shipping anchor chain adhere to the long-term attention to market demand, strict control of product quality, optimize customer service, is committed to create the most reliable chain brand. At the same time, the chairman Zhao Shaode also made relevant reports on the development plan and listing plan of the company in the next 5 years, and expressed his gratitude to the leaders at all levels of the town for their long-term support and concern. Acting Mayor Liu Wenrong spoke highly of the enterprise management mode and future development space of China Shipping Anchor Chain. He said that Taixing is a well-known production base of Marine engineering equipment in China, and also has large ship production enterprises. He expected more enterprises like China Shipping anchor Chain to settle in Taixing for entrepreneurship and innovation, and had high hopes for the development prospect of China Shipping Anchor Chain.