SMM News: June 12, Jiugang Group North China General Manager Wang Yurui, Ningbo Shili and General Manager Luo Ming went to Shandong Energy reloading Group Qianyuan stainless Steel Company to discuss and exchange, the three sides reached a joint production and development of automotive decoration strips, household electrical appliances and other products strategic cooperation framework.
Through tripartite consultation, it is determined that Jiugang Group will provide raw materials, Ningbo Shili will provide 400 series of production technology and market, at the same time, give full play to the equipment capacity, performance advantages and experience of producing hard products of Qianyuan Company of Shandong Energy reloading Group, take hard materials as high value-added products and BA fabrics as production capacity, so as to achieve the goal of complementary advantages and win-win cooperation among the three sides.
It is understood that in accordance with the requirements of Shandong Energy reloading Group to "increase volume and increase efficiency and effectively solve the shortage of output," the company has actively opened up the market, sought strategic partners, and cooperated with Ningbo Shilihe Company since last year to develop 430 series of materials, mainly used in automotive, household electrical appliances, chemical fillers and other industries. Through the cooperation with Shili and the company, the company has carried out a series of upgrading and improvement of equipment and technology, product quality and production efficiency have been significantly improved, product types have been richer, and market competitiveness has been improved in an all-round way.
The strategic cooperation framework reached with Jiuquan Iron and Steel Group, Ningbo Shili and Metal Technology Company will further improve the equipment production capacity of Qianyuan Company, increase the variety of products, better occupy the market of precision stamping materials in North China and East China, and achieve the goal of "incremental improvement" of Qianyuan Company.
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