Zhang met with Paul Bulcke, Chairman of Nestle's Board of Directors.

On the morning of September 24, Mayor Zhang of Tianjin met with a delegation led by Paul Bulcke, Chairman of the Board of Directors of Nestle Group from Switzerland at the Yingbin Hotel. Zhang said that Nestle Group is a leading global food and beverage company, and over the past 30 years of investment in Tianjin, the two sides have had close cooperation and achieved fruitful results. Tianjin has comprehensive comparative advantages in terms of location, port, industry, and science and education. The construction of the reform and opening-up pioneer zone has stimulated dynamism and power, the regional integration and the Beijing-Tianjin economic integration have nurtured huge market potential, providing new opportunities for enterprises from various countries. In recent years, Nestle has increased investment in Tianjin, demonstrating its foresight in deepening its roots in Tianjin and being optimistic about China. They hope to deepen practical cooperation, expand production capacity of enterprises in Tianjin, promote more high-quality new products and new production lines to be located in Tianjin, expand digital marketing and consumer scene cooperation, and drive the convergence of upstream and downstream enterprises. We will continue to optimize the business environment and provide high-quality and efficient services to Nestle Group as always. Paul Bulcke, CEO Philippe Navarre, Vice Chairman and Chairman-elect Pablo Isla thanked Tianjin for its long-term support, introduced the development of enterprises in Tianjin, the future vision of the group, expressed confidence in the Chinese market, and expressed their willingness to strengthen cooperation with Tianjin, follow the trend of the consumer market, and continue to provide diversified high-quality products. City leaders Lian Maojun, Zhai Lixin, and Secretary General of the Municipal Government Hu Xueming attended the meeting.