On the afternoon of April 19, 2018, Mr. Gary Nutter, President of Rolls-Royce's global product, visit our company with nine fellows. Under the witness of Zhenjiang national high-tech management committee, Rolls-Royce company signed a strategic cooperation agreement with our company, meantime Xiao Jingdong, executive deputy director of high-tech zone management committee, attended the signing ceremony.
Rolls-Royce vessels and Zhenjiang shipyard has carried out 30 years of cooperation and established good relations of cooperation. Finnish rudder propeller company, which is subordinate of Rolls-Royce vessels, is currently the world's most advanced steering oar professional manufacturers, since entering the Chinese market, sold more than 700 sets on the z-propeller tug rudder propeller, with nearly 500 sets purchased by my company to build ASD .
Our company is a professional manufacturers, the major product ASD TUG with more than 70% of the domestic market share. That the signed strategic cooperation agreement is an important decision for the future, mutual benefit and win-win, which makes both parties focus on the ship's product innovation and expand in emerging markets, based on the basis of long-term friendly cooperation to further play their respective advantages in the industrial chain.
