Signing Ceremony for the "Internationalization Strategic Horizontal Project" by Hubei Humanwell pharmaceutical excipients Co., Ltd., (commonly known as Humanwell Phex) and Huazhong University of Science and Technology's School of Management

On the morning of October 16, 2023, the signing ceremony for the "Internationalization Strategic Horizontal Project" between Hubei Humanwell pharmaceutical excipients Co., Ltd. and Huazhong University of Science and Technology's School of Management was successfully held in Wuhan.

The project cooperation agreement was jointly signed by Mr. Huang, Chairman of Hubei Kanghua Biological Group Co., Ltd. and Director of Humanwell Phex, and Professor Yang, Dean of Huazhong University of Science and Technology's School of Management.

On October 29, 2021, Humanwell Phex and Huazhong University of Science and Technology's School of Management established a strategic cooperation framework. Both parties have been committed to building a close and stable strategic partnership, engaging in extensive exchanges and collaborations in fields such as EMBA practical teaching, corporate talent training, and corporate case studies. The signing of the "Internationalization Strategic Horizontal Project" is a significant manifestation of this strategic cooperation framework.

As global economic integration continues to deepen, international development is an inevitable choice for companies pursuing sustainable growth and an essential path to increase market share and core competitiveness.

Mr. Huang, Director of Humanwell Phex, emphasized in his speech that the collaboration with Huazhong University of Science and Technology's School of Management serves two key purposes. Firstly, it supports Humanwell Phex in its international development by formulating practical and effective internationalization strategic plans. Secondly, it helps create a talent pool for international business management and marketing for Humanwell Phex.

Leveraging the innovation resources, think tank platforms, and talent support of Huazhong University's School of Management, Humanwell Phex aims to implement its internationalization strategic plans effectively, providing robust support for its international development and setting a new benchmark for mutual cooperation between academia and business.

Professor Yang Zhi, Dean of Huazhong University of Science and Technology's School of Management, expressed that the School of Management is committed to the vision of becoming a top-tier and internationally renowned management school in China. With over 40 years of development, it has gained high recognition both domestically and internationally.

By actively engaging in management consulting and training projects for social service, the School will utilize its strengths, professional knowledge, and development resources to support Humanwell Phex's international development. This collaboration is expected to bring about complementary advantages, collaborative innovation, and mutual growth between the university and the company.

Following the signing ceremony, both parties promptly began deploying their respective work plans, expressing strong confidence in the outcomes of their collaboration. This partnership will significantly accelerate Humanwell Phex's internationalization strategy, advancing the company's international development process.

The signing ceremony was attended by various individuals, including Associate Professors Haijiang Wang and Zhuxin Ye from Huazhong University of Science and Technology's School of Management, Vice-Director Feifan Wang from Huazhong University of Science and Technology's EMBA Education Center, Ph.D. students Zhi Chen, Jinglan Yang, and Xinling Tian from the School of Management, and directors Xianghan Zhou and Yaohua Huang from Humanwell Phex, among others.