On July 9, 2026, Akan Enterprise Group (Zhejiang) Co., Ltd. and Xinjiang Zhongtai Chemical Co., Ltd. officially signed a strategic cooperation agreement in Urumqi, Xinjiang. Lin Wangzhu, President of Akan Enterprise Group, and Huang Xiaohu, Member of the Party Committee and Deputy General Manager of Xinjiang Zhongtai Group, as well as Secretary of the Party Committee and Chairman of Zhongtai Chemical, signed the agreement on behalf of their respective parties.

 On the morning, Lin Wangzhu, President of Akan Enterprise Group, and his delegation visited the headquarters of Xinjiang Zhongtai Group to learn about the company's development history, industrial layout, and strategic planning. Subsequently, the two sides held a discussion session to exchange views on their current development status, core strengths, and future plans, reaching a consensus on cooperation. Witnessed by both teams, Zhongtai Chemical—the listed company under Xinjiang Zhongtai Group—and Akan Enterprise Group formally signed the strategic cooperation agreement, establishing a strategic partnership.

 As one of the major enterprises in China's chlor-alkali chemical industry, Xinjiang Zhongtai Group is accelerating the build-out of a "3+1+2" modern industrial system centered on three core pillars—green chemicals, eco-textiles, and clean energy—with the new materials industry serving as an emerging growth engine, and mineral resources and modern supply chains providing support. Its subsidiary listed company, Zhongtai Chemical, possesses R&D transformation capabilities and scaled production advantages spanning from basic raw materials to specialty resins. Polygon Pipe, a brand under Akan Enterprise Group, is a well-known domestic plastic piping system solutions provider, with operations covering home improvement, construction, municipal infrastructure, agriculture, and other sectors, and products including water supply and drainage pipes, heating pipes, and fresh-air ducting systems. Polygon Pipe enjoys strong market advantages and extensive application experience, with deep expertise accumulated in the R&D, manufacturing, and end-market application of high-end piping products. The two parties' industry chains are highly complementary, pointing to broad prospects for cooperation.

In the afternoon, the Akan Enterprise Group team visited the Zhongtai Chemical Fukang Industrial Park for an on-site tour and convened the first product and technology exchange meeting at the park. The two sides engaged in in-depth discussions on topics such as the application of various types of PVC resin in the piping field, joint technical research, and industry chain collaboration, reaching consensus on multiple specific cooperation directions. This product and technology exchange meeting marked the first formal technical engagement following the signing, signaling that the cooperation has entered a substantive implementation phase and establishing an efficient communication platform for joint R&D and product commercialization.

 The signing of this strategic cooperation agreement represents a significant step for Akan Enterprise Group to deepen its upstream supply chain footprint. Building on this foundation, Polygon Pipe and Xinjiang Zhongtai Chemical Co., Ltd. will establish a regular communication mechanism, continuously deepen practical collaboration in areas such as technology R&D and product innovation, accelerate the execution of cooperative projects, and deliver higher-quality products and services to customers.