Abstract
During a working visit to Harbin, a South Ural business delegation signed a series of landmark agreements with Chinese partners on the creation of joint production facilities. Composite Group was among the most active participants, concluding three separate cooperation agreements.
Governor Alexey Texler led a South Ural delegation to Harbin, where the first days of the visit yielded concrete results: the parties identified mutually beneficial areas of cooperation, and regional enterprises signed significant agreements on establishing joint manufacturing ventures.
During a meeting with Liang Huilin, Governor of Heilongjiang Province, Texler expressed confidence in the strategic trajectory of bilateral relations.
"I am certain that the further development of our contacts will serve the stable and deepening advancement of the Russian-Chinese comprehensive partnership, to the benefit of both countries and peoples," the governor stated.
He noted that trade turnover between Chelyabinsk Region and China has already grown by more than one and a half times over the past year, with rising Chinese interest in South Ural agricultural and food products. Alexander Berestov, President of the Soyuzpishcheprom Association, reported that the holding's companies tripled their exports to China over the past year — including udon and soba noodles produced at a Chelyabinsk plant, the first of its kind in Russia, as well as vegetable oil.
The following day in Harbin, a number of inter-company agreements were signed in the governor's presence — all focused on joint production.
Composite Group secured agreements with three Chinese partners:
-
Forenergo Production Association signed an agreement with Linyi City Jinhao Line Fitting Co., Ltd on the construction of a joint Russian-Chinese foundry in Yuzhnouralsk, with planned annual capacity of 4,200 tonnes of components for glass insulators and line fittings.
-
Composite Group signed an agreement with Beihai Haoxuan New Material Technology Co., Ltd on establishing a joint venture for the production of composite reinforcing construction materials — built entirely on Russian technologies and intellectual property developed by Composite Group. Plant kits and the key raw material component — the NanoComposite catalyst — will be manufactured in Chelyabinsk and shipped to China for assembly.
-
A memorandum was also signed with Weihai Jinfeng Electronics Co., Ltd on a joint venture in China for the production of composite anchors, mine support systems, and other composite reinforcing materials — again based on South Ural technology and equipment.
Additionally, Composite Group signed a memorandum with Jiangsu Beier Machinery Co., Ltd on joint development and production of machine lines.
"The combined investment volume under the three agreements amounts to 137.5 million yuan. The target output by 2027–2030 is up to 450 million yuan. Trade flows will be bilateral — both incoming and outgoing — which will increase trade turnover with China by 250 million yuan," said Oleg Belyaev, Director of Composite Group.
Governor Texler noted that the eastward pivot is strategically important not only for Chelyabinsk Region but for Russia as a whole, with South Ural businesses actively leveraging the expanding opportunities in Russian-Chinese economic cooperation.
In the Press