Recently, aiming at supporting the raw material demanded in scale expansion of rubber parts, Anhui Zhongding Sealing Parts Co., Ltd. and Shanghai Liankangming Chemical Industry Co., Ltd. jointly established Anhui Dinglian High Polymer Material Co., Ltd. to manufacture rubber mixing prod- ucts with huge development potential in the future market.

The newly-built enterprise can centralize the advantages of personnel and technology of Zhongding to develop and exploit rubber series formulas of different types, performances and purposes, which will greatly shorten the development cycle of rubber products and meet demands of all kinds of rubber product enterprises.

Shanghai Liankangming is a trading company focusing on sales of rubber raw materials and it has built long-term co- operative relations with nearly 4,000 customers throughout the industries of tire manufacture, electric wire, rubber & plastic product foam materials, shoe industry, conveyer belt, triangular belt, auto sealing parts, auto timing belt, etc. With combination of this huge customer sales network, the new enterprise will create new profit increasing points.

The registered capital of the new enterprise is known to be RMB 100 Million Yuan with 50% contributed by each party. The Board of Directors is composed of 6 members who are appointed by both parties with 3 members each, while the Chairman is appointed by Zhongding.