On March 16, Liuzhou signed cooperation agreements in Nanning with Vital Materials Co., Ltd. (referred to as “Vital Materials”) and Guoyuan Securities Co., Ltd. (referred to as “Guoyuan Securities”) to collaborate on building the Vital Materials (Liuzhou) Laser Core Components and Intelligent Manufacturing Industrial Park, as well as financial services development.

Vital Materials focuses on the R&D, production, sales, and recycling of rare metals and their high-end materials, components, modules, and systems, and is a leading high-tech enterprise covering the entire rare metal industrial chain. Under the agreement, the company will invest 2 billion yuan to build a laser core production base in Liuzhou, producing various laser products and related processing equipment. It will also introduce upstream and downstream enterprises in semiconductors, optics, and machinery, aiming to build a globally leading laser industry cluster.

Guoyuan Securities is a comprehensive securities firm engaged in wealth management, proprietary investment, investment banking, asset management, and international business. The Liuzhou Industrial Guidance Fund and Guoyuan Securities will collaborate in areas such as industrial incubation, coordinated industrial investment and capital operations, local industrial integration, and financial ecosystem development, jointly promoting the development of Liuzhou’s laser industry and its modern industrial system.

Representatives from Vital Materials and Guoyuan Securities stated that Liuzhou’s development goals align closely with those of the enterprises, creating strong synergy. They expressed full confidence in investing in Liuzhou and will leverage their advantages in technology, talent, and capital to integrate resources, focus on key sectors, and accelerate the implementation and operation of cooperation projects.