Hanma Investment Group Co., Ltd.， Xin long Holdings (Group) incorporated company and Chinese people’s Liberation Army have signed a cooperation agreement together. Three sides jointly declared the technology project named “Development and Application of Hemp Fiber Spunlaced Non woven Materials”, and also carried out integrated scientific research cooperation on military and civilian non-woven products. Finally, they will promote the industrialization of scientific research achievements.
Hanma Investment Group Co., Ltd. supplies “Hemp NO.1” series as basic materials for research and development of the project. “Hemp NO.1” is one of high efficiency and high yield characteristics seeds, which is the only legal hemp resource in Hei Longjiang province. It belongs to Hanma Investment Group Co., Ltd. and now is in breeding stage. With growth of planting, it is expected to gain profit of RMB 50,000,000 yuan in 2018, and the profit will be more than RMB 80,000,000 yuan in 2019. Meanwhile, Hanma Investment Group Co., Ltd. will undertake capital support and multilevel research work in order to make sure the consistency of hemp fiber materials and achievement transformation and serve necessary labors and facilities. Hanma Investment Group Co., Ltd. will open its hemp planting base to another two partners.
Xin long Holdings (Group) incorporated company will mainly undertake capital support and multilevel research work, being responsible for “Hemp Fiber Spunlaced Non-woven Materials” test, equipment modification, industrialization of scientific research achievements, and providing research labors and equipment. Chinese people’s Liberation Army will be in charge of scheme design, technology research, product development, troop’s experimentation and performance evaluation. It will also provide required scientific research personnel and base, and assist another two partners to fulfill the industrialization of achievements, personnel training and technical training and so on.
The scientific research achievements will be divided into two parts. One part involving civil affairs will be jointly owned by three parties of the agreement, and the other part referring to military will be owned to Chinese Army. The cooperation will bring civil-military integration, and make enterprises and scientific research teams understand national military requirements. It will lay a good foundation for the development of Chinese military products.