Phomiholding has just reached a strategic cooperation with China Overseas Holdings. On December 14th, at the Guangxi Laibin production base of Phomiholding, Phomiholding and China Overseas Holdings Group signed a strategic cooperation and the signing of the establishment of a joint venture company went smoothly. At the meeting, Shi Lei, Chairman of Phomiholding, and Li Huazhong, general manager of China Overseas New Energy Technology Co., Ltd., a subsidiary of China Overseas Holdings, formally signed a strategic cooperation agreement. Vice President Liu Wei attended the ceremony and witnessed the signing. After the project is implemented, it will help the high-quality economic and social development of Guangxi Zhuang Autonomous Region in the field of new materials, accelerate the development of a modern industrial system, and promote the optimization and upgrading of the economic system.