On the morning of August 5, 2023, the signing ceremony of the strategic cooperation framework agreement between Jiangxi Jiye Technology Group Co., Ltd. (hereinafter referred to as Jiangxi Jiye) and Shanxi Jinbaodao Foundation Engineering Co., Ltd. was held in Taiyuan. Dong Baozhi, Executive Deputy General Manager of Shanxi Jinbaodao, chaired the meeting, and Chairman Wen Zhe and Jiangxi Jiye Chairman Liu Xiangang signed on behalf of both parties. Representatives from the Technical Department, Administrative and Human Resources Department, Production Safety Department, and Finance Department of Shanxi Jinbaodao attended the signing ceremony.

At the meeting, Dong Baozhi first delivered a welcome speech on behalf of Jinbaodao; subsequently, Liu Xiangang, Chairman of Jiangxi Jiye, and Wen Zhe, Chairman of Shanxi Jinbaodao, gave detailed introductions on their companies' development status, development directions, and technological research and development. The two parties conducted further discussion and exchange on foundation treatment, construction techniques and R&D, and cooperation methods, and exchanged views on business expansion, technical optimization, and equipment research and development. Chairman Liu Xiangang focused on introducing the construction technique of along-track pillar-hammer stone-breaking compaction piles in high-strength composite foundations. This innovative technology determines the minimum effective reinforcement depth through hammer height and tamping pit depth, and is suitable for foundation treatment projects under complex stratum conditions such as high fill, block stone, and isolated (boulder) stones. Chairman Wen Zhe explained the breakthroughs in high-energy dynamic compaction construction techniques and equipment, maximum single-click tamping energy, single-cable tamping energy, and driving rate.

The two parties share a similar approach in innovation and breakthrough and have good complementary needs in business scope. This signing has laid a solid foundation for deeper cooperation and exchange in the next step. The two parties will carry out cooperation in dynamic compaction foundation treatment in fields such as housing construction, municipal engineering, highways, airports, water conservancy, electric power, chemical industry, metallurgy, new energy, and environmental protection, leveraging their respective advantages and making up for each other's shortcomings, to achieve a technical and economic effect of 1+1 greater than 2 and realize win-win results.