Recently, in order to strengthen the import and sales of nylon industry chain materials such as adipic acid and polyamide (PA) 66. Choli signed a strategic cooperation agreement with Huafeng Group (Ruian City, Zhejiang Province), a large private enterprise in China.
Chori will sell products for domestic fiber and resin applications in Japan, backed by the stable supply of Huafon Group's integrated production of the entire industry chain. Chori's long-term trade with Huafon Group has been mainly in the supply of polyurethane raw materials and other products, but Chori believes that Huafon Group's stable nylon industry chain supply system can be used as a weapon in the future to deeply tap the Japanese domestic market with PA66.
In addition, Chori is also responsible for selling aluminum raw metal and other products produced by Huafon Group in Indonesia to increase transaction volume. Through this cooperation, the transaction volume with Huafon Group, including previous transactions, has been increased to 10 billion yen. .