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Plateau completed investment on Xinjinghe

On December 31, 2019, Plateau completed investment on Xinjinghe Laser Technology Development (Beijing) Co., Ltd. (hereinafter referred to as "Xinjinghe"). 

Xinjinghe is China's leading provider of full set solutions for metal additive manufacturing technology. It has mastered the world's leading additive manufacturing technology (3D printing technology). After years of process exploration and technical process storage, It has provided a large number of products for dozens of domestic military-industrial units. It is a cutting-edge technology enterprise in Zhongguancun and a national high-tech enterprise. 

As a typical representative of advanced manufacturing, additive manufacturing (3D printing) has received strong support from national policies in recent years and is one of the development priorities of "Made in China 2025". Later, the Ministry of Industry and Information Technology, the Development and Reform Commission, and the Ministry of Finance jointly issued important regulations and policies such as the and the . Through policy guidance and the joint efforts of all sectors of society, Chinese key additive manufacturing technologies have continued to make breakthroughs, equipment performance has been significantly improved, and application areas have been expanded. Additive manufacturing technology has been widely used in aerospace and military industries and has become a key supporting industry for the national strategy of "military-civilian integration". At the same time, the industry has maintained a high growth rate of more than 30% in recent years. Xinjinghe is an excellent representative of this industry. 

The investment on Xinjinghe is in line with Plateau's strategy of focusing on its own advantages in the field of advanced manufacturing and military-industry integration. It is also a typical practice of Plateau's commitment to investing in leading enterprises in the subdivision field. After the investment is completed, Plateau will make full use of it’s strong capital and resource integration advantages to support Xinjinghe's operation management, resource grafting, strengthening innovation capabilities, and comprehensively improving efficiency.