On May 21, Beidahuang Group and YTO Group, National Agricultural Machinery Equipment Innovation Center signed a strategic cooperation agreement. The three parties will fully implement the national food security strategy and enhance the service for "three rural" in order to develop an open industry ecological system and promote agricultural modernization in our country. Cai Jibo(YTO), Chen Youfang(Beidahuang) and Wang Yunfei(Innovation Center) signed the strategic cooperation agreement. Ding Hongxiang, Member of the Standing Committee of the Party Committee and Vice General Manager of SINOMACH attended the meeting.

According to the agreement, the three parties will cooperate in the transformation and application of scientific and technological achievements, build a sales and market guarantee system for high-end agricultural machinery and equipment products, carry out cooperation in agricultural informatization and create a new main body of agricultural services.