Ever since we signed a coating production line contract with Rasha Capspian Iranian Industry in 2017, our foreign trade department has been receiving a lot of inquiries from Iranian merchants, and this year we even have received a rush of visiting form Iranian customers. In April, we totally received three delegations from Iran. They are all traveled long distances to come, by personally investigation and technical communication, they test the strength of our company, and then they visited the relevant domestic manufacturers of coated paper about the real running status of our equipment. They are full of confidence in our company's production, processing capacity and project completion quality, and expressed a strong intention to mutual cooperation.
Iran is an important oil exporter, they have abundant oil reserves, is the world's most important country in the Middle East. In recent years, due to the sanctions of the United States, Iran's free trade with many countries has been restricted, but the trade between China and Iran has been gradually deepened under our government’s "One Belt And One Road" policy’s promotion. As an important part of China's trade with Iran, light industrial products have well promoted the win-win economic development of the two countries. In recent years, Iran's domestic paper industry has gradually developed, but coating has just started, for the coating technology is still under-developed, and lacking professional coating production line, so they need China's technical support. While China's papermaking coating industry has been quite mature, SLMC as the coating and finishing equipment manufacturing base in China, we have introduced advanced technology from Europe and a number of independent research and development patent, with advanced production equipment, and more than 50 years of industry experience, it’s surely that we have enough ability to meet the challenge from Iran and other foreign markets, can meet the urgent demand of kinds of customers. We believe that all our staff’s “Light Machine Dream” is no longer far away.