A panorama view of Baogang Group. [Photo provided to goinnermongolia.com.cn]
At the sixth China International Import Expo (CIIE) held in Shanghai from Nov 5 to 10, Baogang Group in Baotou entered into strategic cooperation agreements and memoranda of understanding with 10 Chinese and international enterprises.
Leveraging the high-end collaboration platform provided by CIIE, Baogang Group gained insights into the technological innovation concepts and advanced technologies of enterprises from various countries. Actively promoting its distinctive strengths and flagship products, the group explored collaboration opportunities to create new development prospects jointly.
During the expo, Baogang United Steel Co, a subsidiary of the group, signed memorandums of understanding on coking coal cooperation with Norinco International Co and China Aluminum International Trading Group Co.
Additionally, the company signed a strategic cooperation framework agreement with Cummins Engine (Beijing) Co and a strategic cooperation agreement with Mitsubishi Power Gas Turbine Engineering Technology (Nanjing) Co.
China North Rare Earth (Group) High-tech Co, another subsidiary, signed a strategic cooperation framework agreement with Shenghe Resources and Jinan Yuxiao Group. Baogang Group Energy Conservation and Environmental Protection Technology Industry Co signed a strategic cooperation agreement with Siemens Energy.
Baogang Group Xichuang Wankai Co also separately signed three procurement contracts with Spektr Llc in Russia, Siberian Wheel Co, and MONCAMEL Company in Mongolia.
In addition, Baogang Group Mining Co participated in the Sustainable Ecological Development of Mineral Supply Chain Developers Conference at CIIE.