On the afternoon of February 26, Luoyang City and Henan Investment Group signed a strategic cooperation agreement. Both parties have thoroughly studied and implemented General Secretary Xi Jinping's important discourse on work in Henan, focusing on the "Four Highs and Four Pioneers," earnestly implementing the deployment requirements of the Provincial Party Committee and the provincial government. They will cooperate to build a national-level demonstration park for the circular utilization of renewable resources to high standards, and carry out comprehensive and in-depth cooperation in multiple fields such as financial empowerment, infrastructure construction, industrial development, talent introduction and cultivation, and elderly care services. Mayor Xu Yixian and Yan Wanpeng, the Party Secretary and Chairman of Henan Investment Group, held a working meeting and witnessed the signing of the agreement.

Mayor Xu Yixian stated that vigorously developing a circular economy is an inevitable path to accelerate green and low-carbon transformation and promote high-quality development, and it is a powerful tool for nurturing new productive forces and building a modern industrial system. Luoyang has many strategic opportunities, excellent geographical advantages, strong platform support, a solid industrial foundation, and good development momentum. The cooperation between both sides has a solid foundation, broad integration paths, and huge potential for the future. It is hoped that both sides will take this signing as an opportunity, adhere to the principle of being based in Luoyang, driving Henan, radiating across the country, and aligning with the best, compile a forward-looking plan for a circular economy demonstration park at a high starting point, collaboratively carry out project construction, industrial introduction, and chain cluster cultivation to high standards, and effectively coordinate key aspects such as the construction and enhancement of innovation platforms and the reorganization and integration of high-quality capital, aiming to create a leading and benchmark circular economy industrial demonstration park in the province and even the central region.

According to the agreement, both sides will take the lead in constructing a domestically first-class industrial park, with the goal of high-value utilization of materials, and will build a competitive, all-category, full-industry-chain circular economy industrial demonstration park in the Yanshi District of Luoyang City. They will promote projects such as power battery recycling, regeneration of high-molecular materials, and the establishment of a circular economy innovation research institute, to help Luoyang construct a modern industrial system.