On March 7, Liu Naijun, secretary of the Party Working Committee of the China-ROK (Changchun) International Cooperation Demonstration Zone, led a team to visit WSG Group in Seoul, South Korea, aiming to learn about its development history, business scope and market layout. The team witnessed the signing of a strategic cooperation agreement between the China-ROK Demonstration Zone Equity Fund and WSG Group.

WSG Group is a leading manufacturer of UHP precision engineering products in South Korea. It has long offered services to technology-intensive industries such as semiconductors, microelectronics, flat panel displays, biotechnology, pharmaceuticals and life sciences. It has also provided high-quality solutions for medical equipment, linear motion and control, marine vessel and electric vehicle battery systems, power and energy, and petrochemical industries. At the meeting, the two sides had in-depth discussions on the establishment of a company office and an ultra-high-strength stainless steel production line in the demonstration zone, and reached consensus on cooperation in such areas as equity investment, project implementation and market expansion. In the next step, the two sides will fully leverage their respective advantages, accelerate the pragmatic and efficient implementation of the agreement, and work together for mutual benefit and win-win results.

Yang Zhen, director of the Management Office of the Changchun Opening-up and Cooperation Demonstration Zone, and relevant officials from the Bureau of International Cooperation and Exchanges, Changrong Group, and Equity Fund participated in the signing activity.