On November 11th, local time in Saudi Arabia, PHOMI HOLDING officially signed a strategic cooperation agreement with Saudi Arabia's largest state-owned construction enterprise. This signing marks the deep cooperation between the two parties in the field of green building materials, injecting new vitality into the green building industry in Saudi Arabia and even the Middle East region. It also closely aligns with Saudi Arabia's "Vision 2030" national economic transformation plan, demonstrating the parties' profound insights and firm commitments to a carbon-neutral future.

As a profound economic transformation, Saudi Arabia's "Vision 2030" aims to diversify the economic structure, reduce dependence on oil, stimulate the vitality of the private sector, and create more job opportunities. The collaboration between PHOMI HOLDING and the Saudi state-owned construction giant is a concrete practice and positive response to this ambitious blueprint. As the creator and industry standard setter of the global MCM/soft ceramic industry, PHOMI HOLDING provides a one-stop solution for zero-carbon building materials, encompassing its innovative eBIPV (econiclay Building Integrated Photovoltaics) technology and eDisplay cutting-edge technology, as well as continuously iterated econiclay coverings. These will bring more environmentally friendly, efficient, and intelligent solutions to Saudi construction projects, helping Saudi Arabia achieve economic transformation and sustainable development, and accelerating the realization of its carbon neutrality goals.

In recent years, the Saudi government has actively pursued the "Vision 2030" plan, promoting economic diversification and reducing dependence on oil exports. This transformation has not only fueled the vigorous development of Saudi Arabia's domestic economy but also led to profound changes in consumer culture. Against this backdrop, Saudi Arabia's VVIPs (Very Important Persons, or super-rich individuals) have demonstrated astonishing purchasing power, venturing into real estate, art, and other fields, showcasing their strong economic strength and firm confidence in future investments. However, faced with the challenges of global climate change and carbon neutrality goals, Saudi Arabia and the global construction industry are actively exploring more environmentally friendly and sustainable development paths.

Senior executives at PHOMI HOLDING stated, "We are very honored to collaborate with Saudi Arabia's largest state-owned construction company. This collaboration not only opens up new market spaces for PHOMI HOLDING but also gives us the opportunity to participate in Saudi Arabia's ambitious 'Vision 2030' plan. We firmly believe that through joint efforts, we can achieve mutual benefit and win-win results, jointly promoting the green development of the global construction industry and contributing to the sustainable development of the earth. In the face of the challenge of global climate change, PHOMI HOLDING will continue to uphold the concept of green development and contribute its own strength to promoting the sustainable development of the global construction industry and achieving carbon neutrality goals."

It is reported that PHOMI HOLDING will continue to increase investment in research and development, promote industrial upgrading, and provide global clients with even more high-quality and environmentally friendly one-stop solutions for zero-carbon building materials. PHOMI HOLDING will closely collaborate with its Saudi partners to jointly explore the application and development prospects of zero-carbon building materials in the Saudi market, contributing a solid force to Saudi Arabia's "Vision 2030".

This collaboration not only aligns with the economic development direction of Saudi Arabia's "Vision 2030" but also demonstrates PHOMI HOLDING's leadership in green development globally. PHOMI HOLDING is taking concrete actions to lead the global smart building and even smart transportation sectors towards a carbon-neutral future, injecting strong momentum into the sustainable development of the earth.