On January 19th, 2018, the management of CXIC Group paid a visit to the head office of Guangdong Fuwa Group and had an in-depth talk with Fuwa¡¯s management on the cooperation in container industry. Both sides thought that such cooperation will provide strong complementarity especially in terms of the products and regions, which is conducive to developing the market together and offering better services to customers. Besides, they also believed the win-win results will be definitely achieved through such cooperation as both sides share identical systems, similar cultures and same mangement philosophies.

¡­Afterwards, Guangdong FUWA Equipment Manufacturing signed a Comprehensieve Strategic Cooperation Agreement with CXIC Group.

As a subsidiary of Guangdong Fuwa Group, Guangdong FUWA Equipment Manufacturing Co., Ltd. is mainly specialized in the production of refrigerated containers and dry cargo containers. Currently it has a production capacity of 60,000 refrigerators.The company is also preparing to establish a standard container line with the design capacity of 300,000 TEUs. The trial production of the line is expected in June or July.