On November 23, Ningbo Zhenhai District People's Government and Sinopec Chemical Commercial Holding Company Limited formally signed the investment cooperation agreement.

Party Secretary Lin Yalian, Governor Wei Zumin, Political Consultative Conference Chairman Hu Zuyou of Zhenhai District, General Manager of Chemical Sales Co., Ltd. Chinaeast Branch Li Zhenfeng, President Zhang Yuming and other leaders of ZRCC attended the signing ceremony. Li Zhenfeng, Zhang Yuming and Lin Yalian delivered speeches at the ceremony. The ceremony was presided over by Xu Tao, vice president of ZRCC.