In the morning of July 27, 2022, Mr. Li Hong, Chairman of the Board of Directors of COVEC met with Mr. Zhang Wei, Vice Chairman of the Board of Directors (presiding over the work of Board of Directors) of China Railway High-Tech Industry Corporation Limited (hereinafter referred to as "China Railway Industry") at the headquarters of COVEC.They had in-depth exchanges of opinions and reached a broad consensus on practicing the spirit of instructions of General Secretary Xi Jinping's "three transformations", implementing the reform of China Railway's overseas institutional mechanism, harnessing each other's comparative strengths as well as promoting practical cooperation and strengthening regional headquarters.