Wujian, the executive director and general manager, Deng yonghong, vice general manager and the accompanied of Nantong Rainbow Heavy Machineries Co., Ltd visited Wuhan University of Technology in November 21, 2010. The bilateral agreement was reached in the cooperation of harbor lifting & material handling technologies research and marketing. "The lifting equipments research institute of RHM & Wuhan University of Technology" will be established later. General manager Wujian of RHM and vice president of Wuhan University of Technology signed the agreement of full cooperation and scholarships. The following groups also sent their representatives for the signing ceremony: Guangzhou Harbor Group, Lianyungang Harbor Group, Tianjin Harbor Group, Wuhan PSA, Qinhuangdao Co., Ltd, Science Development Institute of Wuhan University of Technology, Logistic Engineering Institute of Wuhan University of Technology etc.

According to the agreement, under the tenet of playing advantages and combining useful resources to create the new system of production & research, two parties will have full cooperation in personnel training, science cooperation, information & academic communication, cross-employment, RHM Scholarships so as to promote specialty and industry combination, through which to realize full development and mutual benefits of two parties.