On May 21st, Mr. Shiozawa, the Director of Strategic Development of Matsuda Corporation, and Mr. Yu Peng, the Deputy General Manager of Matsuda Machine Tools (China) Co., Ltd., paid a visit to our company. The Chairman and General Manager of the company, Chang Mingde, warmly received the visiting guests. The two sides had an in-depth discussion on this year's order plan and future development plans. The Executive Vice General Manager Xu Xiaozheng, Vice General Managers Wang Yinquan, Jiang Yantao, and Jiang Jiewei accompanied the event.
As a major client who has been cooperating with our company for 28 years, the visit of the Japanese Moriya Company has further strengthened the long-term and stable friendly cooperative relationship between the two sides. During the meeting, both parties jointly reviewed the process of their joint development over the past two decades, from the initial business negotiations to the current high level of mutual trust, and the cooperation foundation has been continuously consolidated. Mr. Ichikawa expressed his high recognition of our company's professional services and high-quality delivery. The relevant person in charge of our company then provided a detailed report on current production capacity arrangements, technological upgrades, and supply chain collaboration. Both sides reached several consensuses on the order delivery rhythm for this year, technological alignment, and subsequent expansion plans.
Looking to the future, the two sides focused on discussing the long-term strategic cooperation direction in the precision processing field. They unanimously agreed to deepen cooperation in technological research and development, resource collaboration, and market expansion, jointly responding to industry changes and market demands. This negotiation not only laid a solid foundation for the smooth execution of this year's orders but also pointed out the direction for longer-term strategic collaboration in the future.
Both sides stated that they will use this exchange as an opportunity to further promote cooperation to broader fields and deeper levels, and jointly create a mutually beneficial and win-win new situation.