CEO Bai Yan participates in Commercial Rocket Launch Discussion at the Chinese Academy of Sciences

On November 30, 2018, Kincaid’s CEO Bai Yan participated in a commercial rocket launch project discussion at the the Aerospace Flight Technology Center of the Chinese Academy of Sciences in Beijin along with Feng Yuxi (Hohhot Mayor), Lin Luo Qing (Head of the Managing Committee of Linger New District), Yang Yiqiang (Director of the Aerospace Flight Technology Center of the Chinese Academy of Sciences), and Zheng Jun (General Manager of the Military and Civilian Integration Fund of the Chinese Academy of Sciences).

Hohhot and Linger New District are national districts built by the Inner Mongolia Autonomous Region Government and are strategically located to demonstrate rapid radiation-driven development; the Chinese Academy of Sciences is a world-class academic institution in the natural sciences field with solid research facilities. The two groups are planning to base the project in Hohhot to further propel the development of the high-end equipment industry in Linger New District. Kincaid Industrial Group’s subsidiary Guo Teng Investment Co., will lead financing of the project.

Zhang Rui, Chairman of the Group, went to China Coal Geology Bureau to discuss the major project cooperation exchange

On November 22, 2018, Zhang Rui, Chairman of the Group, visited Beijing to visit the Deputy Secretary of the Party Committee of China Coal Geology Bureau.
Deputy Director Ren Hui, the two sides held an exchange discussion on the cooperation of mineral resources projects in Wulanchabu City, China Coal Geology
Lin Zhongxiang, the chairman of the group, and Song Zongwei, the deputy general manager, accompanied the panel. At the meeting, Deputy Director Ren Hui pointed out that Ulancha
The city is rich in mineral resources and has a superior regional location. The China Coal Geology Bureau has been in contact with the Wulanchabu Municipal Government in September.
On the 14th, signed a strategic cooperation agreement, and comprehensive cooperation on mineral resources such as ferrous metals, fluorite and graphite.
China Coal Geology Group plans to jointly develop projects with Inner Mongolia Jincai Group. Chairman Zhang Rui at the meeting
It means that the two sides will each play their own advantages and cooperate with each other in the development of green mining to protect the green mountains.
The idea of ​​striving to transform local resource advantages into economic value and social value as soon as possible
Economic sustainability provides assistance.

Chairman Zhang Rui visits China National Administration of Coal Geology

On November 22, 2018, Zhang Rui, Chairman of the Group, held a meeting with Ren Hui, Deputy Director of the China National Administration of Coal Geology and discussed upcoming collaboration on several resources projects in Ulanqab City. Lin Zhongxiang and Song Zongwei, Chairman and Deputy General Manager of China Coal, were also present.

On Novemeber 14, 2018, a long-term partnership agreement was signed between China National Administration of Coal Geology and the municipal govermnet of Ulanqab on exploration and exploitation projects of various mineral resources as ferrous metals, fluorite and graphite.
China Coal plans to jointly develop these metallurigical sites with Kincaid Industrial Group. Zhang Rui expressed excitement over the economic and social outlook of this partnership.

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