On July 7, a cooperation agreement was signed between Shenyang University of Technology and Zhengwei International Group on jointly building Zhengwei Research Institute of National Rare Earth Permanent Magnet Motor Engineering Technology Research Center. Zhang Lei, member of the Standing Committee of Liaoning Provincial Council and Secretary of Shenyang Municipal Council, Jiang Youwei, mayor of Shenyang, and Tang Renyuan, academician of Shenyang University of Technology, attended the signing ceremony. President Guo Lianjun and Wang Wenyin, chairman of Zhengwei International Group, respectively addressed the ceremony. On behalf of the University, Zhang Fengge, director of the National Rare Earth Permanent Magnet Motor Engineering Technology Research Center, signed a contract with the representative of Zhengwei International Group. The signing ceremony was presided over by Li Songlin, vice mayor of Shenyang City. Li Qiang, municipal leader, and Wang Jian, deputy director of the National Engineering Center attended the ceremony.