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United to Fight the Epidemic | Zhenghe Company Launches a Charitable Donation Activity

03-05

At the beginning of 2020, an unexpected epidemic

disrupted the joyful pace of people's progress.

Faced with this war without smoke,

the fervent unity of 1.4 billion Chinese people,

standing together to overcome it!

"A video of Wuhan saying 'Don't panic, we're waiting for you' moved countless people to tears."

In the face of the virus,

the unity of love and hope

is even more powerful.

We believe

Wuhan has always been a heroic city!

We know

China has always been a heroic country!

Unite and fight the epidemic together.

March 5, 2020, was the 57th "Learn from Lei Feng Day."

To carry forward the spirit of Lei Feng and unite the forces in the fight against the epidemic. Faced with the epidemic, Zhenghe Company practiced its social responsibility. While ensuring the health and safety of employees who reported to work, everyone also hoped to contribute to epidemic prevention and control. On the morning of March 5, Zhenghe Company and all its employees donated enthusiastically, raising a total of 17,300 yuan. The donation will be channeled through the Jinan Red Cross Society to support the front line of the fight against the epidemic. Colleagues who did not return to work in time also made donations online.

May the year turn to spring,

and from the Yellow Crane Tower, we see the clear waters of the Han River,

a new chapter has begun

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Hello, goddess! Spring has arrived, the flowers are blooming, we are waiting for you at Zhenghe

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Zhenghe Exhibition visited Nigerian automotive technology and other industry associations to promote cooperation on the 2025 Nigeria (Lagos) China Goods Expo.

From January 3rd to 6th, 2025, representatives of Zhenghe Exhibition's overseas staff successively visited the secretariat of the Nigerian Automotive Technicians Association (NATA), the Amalgamated Union of Automobile Motor Mechanics and Technicians of Nigeria (AUOMMATON), and the Motor Mechanics and Technicians Association of Nigeria (MOMTAN). This visit primarily focused on in-depth discussions and exchanges regarding cooperation for the 2025 Nigeria (Lagos) China Commodities Fair. During the meetings, representatives of Zhenghe Exhibition's overseas staff introduced the basic situation of the Nigeria (Lagos) China Commodities Fair to the heads of the business associations. The heads of the various business associations acknowledged the significant achievements made by the exhibition in recent years. During the discussions, the three industry association leaders provided detailed information about their respective associations. As leaders and promoters of associations related to the automotive industry in Nigeria, these three associations have a wide influence in Nigeria and even West Africa. Against the backdrop of continuously deepening and upgrading China-Africa cooperation, they expressed high expectations for actively promoting trade cooperation between Nigeria and China in the automotive industry. The heads of the associations also stated their willingness to work with Zhenghe International Exhibition to jointly promote the continuous development of the Nigeria (Lagos) China Commodities Fair, uniformly organize member units to participate in the exhibition, and conduct one-on-one matchmaking discussions with Chinese exhibitors. As Africa's second-largest economy and most populous country, Nigeria has a huge demand for automotive and auto parts products, largely relying on imports. In Nigeria, over 90% of Nigerians tend to choose 'tokunbo' (used cars), which makes the 'tokunbo' distribution business very profitable in Nigeria. With the Nigerian government relaxing age restrictions on imported used cars, the volume of used car imports will further increase. Consequently, the auto parts market, both upstream and downstream of Nigeria's used car industry chain, will also see more opportunities. After years of operation by Chinese automakers, Chinese cars have established considerable 'prestige' in Nigeria. At the same time, the scarcity of local car repair outlets and the high cost of spare parts in Nigeria also indicate immense potential for Chinese auto parts exports to the Nigerian market.

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Nigeria is an important trade partner and investment destination for China in Africa, and also China's largest contracted project market in Africa. In 2023, the new contract value for Chinese enterprises' contracted engineering business in Nigeria reached 10.45 billion USD, with a turnover of 3.98 billion USD. On September 3, 2024, China and Nigeria issued a joint statement announcing the establishment of a comprehensive strategic partnership, promoting the building of a high-level China-Nigeria community with a shared future, and explicitly strengthening cooperation in areas such as infrastructure construction. Chinese Products are Hot-selling in the Nigerian Market under the Framework of China-Africa Cooperation According to data from the General Administration of Customs, from January to July 2024, China's imports and exports with Africa totaled 1.19 trillion CNY, a year-on-year increase of 5.5%. 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