[Cathay Pacific News] Recently, the signing ceremony of Cathay Pacific Group (Europe) Technology Center was successfully held in the conference room on the 7th floor of the Group. The chairman of Cathay Pacific Group, Mr. Ricci, Mr. Maffei and Ms. Liu Jing, the executive vice president of Cathay Pacific Group, attended the ceremony. The establishment of Cathay Pacific (Europe) Technology Center is the beginning of the formal cooperation between Cathay Pacific Group and ITP Company of Italy. It is the symbol of Cathay Pacific brand entering the European market and indicates that Cathay Pacific fire products have once again entered the international market technology field.

At the meeting, Mr. Wang Genbin, Chairman of the Group, first expounded the significance of the establishment of Cathay Pacific Europe Technology Center, and briefly introduced the construction progress of the forthcoming national industrial park in Thailand, as well as the strategic layout of Cathay Pacific's Fifth Five-Year plan, with emphasis on the joint construction of Cathay Pacific Group and ITP Company in Italy. And the goal, strategy and steps of expanding the European market, integrating advanced western technology into Cathay Pacific, allowing new products from Cathay Pacific to enter the European market, and providing China support for the emergency safety industry in Europe. Mr. Ricci listened carefully to Chairman Wang Genbin's speech and gave the implementation outline and detailed plan for the construction of Cathay Pacific (Europe) technology center. He planned to gradually build Cathay Pacific (Europe) technology center and brand marketing team in stages, so that Cathay Pacific products could enter the European market at the fastest speed.

During the talks, the two sides formally signed a memorandum of understanding on the framework of business and technical cooperation. So far, the construction of Cathay Pacific (Europe) Market Technology Center has entered the stage of implementation. The establishment of Cathay Pacific (Europe) Market Technology Center is another milestone for Chinese National Fire enterprises to go abroad after the establishment of Cathay Pacific (America) Technology Center. It will add a great deal to the development of China's fire industry. We sincerely wish Cathay Pacific a better tomorrow.

[The picture shows Cathay Pacific Group signing a contract with ITP Company for on-site photography]