Deepen Collaboration Open High-quality Future - Kingfa's 2023 Supplier Conference Wraps Up Successfully

On December 8, Kingfa held its 2023 Supplier Conference at Lion Lake Resort in Qingyuan, Guangdong. Government officials including Wen Wenxing, Deputy Secretary of the Qingyuan Municipal Committee and Mayor, Cen Zhongjian, Member of the Qingyuan Municipal Government Party Group and Deputy Mayor, joined Kingfa's leadership, including Chairman Yuan Zhimin, General Manager Li Nanjing, Deputy General Manager and Supply Chain General Manager Yuan Changchang, and South China Company General Manager Nie Delin. Over 400 representatives from global suppliers gathered to discuss future cooperation and development.

Yuan Changchang, the General Manager of Supply Chain, delivered the opening speech. He expressed sincere gratitude to all suppliers for their longstanding support, emphasizing that quality is a crucial element of core competitiveness. Yuan encouraged everyone to use this conference as an opportunity to enhance product quality, deepen collaborative efforts, pursue excellence together, lead industry transformation, and jointly win the future.

General Manager Li Nanjing provided a summary of the conference. He highlighted that value creaters-oriented is at the core of Kingfa's values. Suppliers, as vital partners, significantly influence the company's cost competitiveness and risk resilience. Li said the company will deepen collaboration with suppliers, promote business digital transformation, achieve information exchange, mutual promotion, and vertical coordination, and collectively build, share, and grow resources. He emphasized the importance of flexibility, cost control, and shared risk in the supply chain, fostering mutual trust, assistance, and complementary advantages for high-quality development.

This year marks Kingfa's 30th anniversary. Looking ahead, the company aims to intensify international expansion, enhance industrial synergy in green petrochemicals and modified plastics, invest in the research and industrialization of bio-based monomers and materials, and innovate in the medical and healthcare sector. Li Nanjing stressed the company's commitment to digital transformation for sustained high-quality development.

Deputy Mayor Cen Zhongjian, representing the Qingyuan Municipal Government, delivered a speech, highlighting the city's focus on high-quality development. The government aims to create a fair and transparent business environment, implement pro-enterprise policies, and welcomes entrepreneurs to invest in Qingyuan for mutual development.

Chairman Yuan Zhimin delivered an important speech, warmly welcoming attendees and expressing gratitude to governments and suppliers for their strong support. Yuan reflected on the 30-year journey, attributing the company's success to supplier partners' selfless help. He acknowledged the pivotal role suppliers played in Kingfa's growth, from startup to global expansion.

Looking ahead to 2023, Chairman Yuan emphasized the importance of confidence amid challenges. Kingfa will continue its commitment to technological innovation, leveraging the synergy of the global supply chain platform, R&D platform, and integrated marketing platform. This collaborative effort aims to provide more advanced materials solutions for global customers, steadily increase market share, and sustain the company's high-quality development.

Yuan Zhimin reiterated Kingfa's unwavering commitment to high-quality development, innovation, and continuous progress. The company will persist in deepening its focus on advanced materials, follow the overall development strategy of "Strengthening the middle, Consolidate both ends, Innovation-oriented, Leap-forward development" and become a leading global enterprise in the chemical and advanced materials industry. He encouraged supplier partners to maintain confidence in cooperation and work with Kingfa to explore international markets and create a mutually beneficial future.

During the conference, awards were presented to Kingfa's 2023 Gold Strategic Suppliers, Outstanding Suppliers, Best Growth Award recipients, Outstanding Performance Award winners, Technical Cooperation Award recipients, and those recognized for Joint Advancement. Specialized reports on the development plan of Kingfa's Supply Chain Center, technological trends, innovation demands, and quality assertions were presented by Assistant General Manager of Supply Chain, Li Peng, Group Deputy Chief Technology Officer Dr. Ye Nanbiao, and Group Purchasing Manager Lu Yuanqiu, respectively.

The conference aimed to enhance mutual communication, strengthen the foundation of cooperation, and promote shared growth. The relevant groups of Kingfa’s Technology Center and Supply Chain Center presented a special report on material technology and a special report on category management respectively in the sub-venues.