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Heyang Iron and Steel Co., Ltd. cooperates with Danieli to build special steel enterprises with global competitiveness.
Sep 24,2020 11:11CST
translation
Source:HBIS Group
[Hegang and Danieli cooperate to build special steel enterprises with global competitiveness] on September 22, the signing ceremony of the investment cooperation project between Hegang Group and Danieli Group was held at the headquarters of Hegang Group. The two sides cooperated around the project in the Shigang New area of Hegang. Work together to build a special steel enterprise with global competitiveness. This is a vivid practice for both sides to firmly implement the high-level consensus between China and Italy and to create new advantages in international cooperation and competition with a high level of opening up to the outside world, and it is also a concrete measure for Hegang to firmly seize the opportunity of the country's policy of expanding reform and opening up and vigorously promoting the reform of mixed ownership to speed up the transformation and upgrading of the iron and steel industry.
The content below was translated by Tencent automatically for reference.

SMM: September 22nd, Hegang Group-Danieli Group investment cooperation project signing ceremony was held at the headquarters of Hegang Group, the two sides around the Hegang Shigang New area project to jointly create a globally competitive special steel enterprise.

This is a vivid practice for both sides to firmly implement the high-level consensus between China and Italy and to create new advantages in international cooperation and competition with a high level of opening up to the outside world, and it is also a concrete measure for Hegang to firmly seize the opportunity of the country's policy of expanding reform and opening up and vigorously promoting the reform of mixed ownership to speed up the transformation and upgrading of the iron and steel industry.

Yu Yong, party committee secretary and chairman of Hegang Group, and Benedetti, chairman of Danieli Group, respectively delivered speeches and witnessed the signing of the contract between the two sides. Danieli Group CEO Giacomo, Italian Friuli-Venice Julia Regional Industrial and Tourism Counsellor Sergio, Minister Counsellor and head of the Economic and Commercial Office of the Italian Embassy in China Demarui delivered speeches. Wang Lanyu, general manager and deputy secretary of the party committee of Hegang Group, and Ma Yinuo, chief executive officer of Danieli China, signed the contract on behalf of both sides.

Wang Xindong, deputy general manager and chief technical officer of Hegang Group, presided over the ceremony. Hu Zhigang, chief accountant of Hegang Group, Alessandro, chief financial officer of Danieli Group, Dominic, chief financial officer of Asia Pacific, and Almano, director of Italy-China Chamber of Commerce, attended the ceremony.

Yu Yong said in his speech:

Danieli is a highly innovative enterprise with the world's leading service concept, and is an important global partner of Hegang. The two sides have maintained happy cooperation over the years. As the world's largest steel manufacturer and consumer, China is realizing the high-quality development of the iron and steel industry, continuously promoting the demand for the high-end market of supply-side structural reform, and bringing the best development opportunities for investors. Therefore, the cooperation between Hegang and Danieli today is inevitable. The signing of the contract is a revolutionary change in the nature of cooperation between the two sides, making the two enterprises closer and creating better development opportunities for each other.

China and Italy have recently reached a new consensus on building a more open economy around economic globalization in the future, creating a good policy environment for the cooperation between Hegang and Danieli. With the support of China and Italy, Hegang will take this contract as an opportunity to join hands with Danieli to provide the steel industry with the best technology and best products, and create a more brilliant future for two world-class enterprises. at the same time, we will make greener and more environmentally friendly steel for the world and share the responsibility of promoting the healthy development of the world's metallurgical industry.

In his video message, Benedetti said:

Today's cooperation between Danieli and Hegang is bound to bring more value-added to the two companies. Through many meetings and exchanges with Chairman Yu Yong, Danieli deeply felt that becoming a leader in the field of iron and steel innovation and technology is a priority and the core pillar of Hegang's competitiveness. At present, Danieli is committed to using technological innovation to reduce operating costs and improve product quality, makes bold explorations around sustainable development and green steel, and has made important breakthroughs in equipment and technological innovation. Progress and innovation have been integrated into the genes of Neri and Hegang. For this reason, Danieli is very much looking forward to the joint venture projects between the two sides and believes that they will achieve satisfactory cooperation results.

In his video message, Giacomo said:

At present, the world economy has entered a difficult period, the production and consumption of the world's major steel producing countries have declined to varying degrees, and investment in the iron and steel field is more focused on sustainable development and green steel. At this time, there is a greater need for partners to overcome the difficulties. Therefore, the cooperation between Danieli and Hegang has great development potential and many possibilities. The signing of this cooperation agreement opens the project-based cooperation. It is hoped that the two sides will give full play to their respective resources and advantages, continue to maintain close cooperation, and put the cooperation into practice as soon as possible. Excellent partners are a necessary condition for success, and today's cooperation between the two sides will certainly achieve better results than operating alone.

Sergio said in a video message:

It is a great honor to attend the signing ceremony on behalf of the Italian regional government. Danieli is a model of technological innovation and improvement, capable of becoming the protagonist of cutting-edge research and technological innovation, as well as a partner of large international groups in business development. The signing of the agreement between Danieli and Hegang today fully proves that Danieli has the strength to become an international partner of leading enterprises in the industry like Hegang. Nowadays, all sectors of society and governments of various countries have paid more attention to environmental protection at all levels. The cooperation between Danieli and Hegang to reduce the impact on the environment through technological innovation is particularly important.

In his speech at the scene, Demarra conveyed Italian Ambassador to China Luca's congratulations to Hegang and Danieli:

This year marks the 50th anniversary of the establishment of diplomatic relations between Italy and China, and the cooperation between Danieli and Hegang at such an important moment is of great significance. The "marriage" between the two sides is an integration of resources and opportunities, which sets an example for the cooperation between other Italian and Chinese enterprises. The Italian government will, as always, support the cooperation and development of enterprises of the two countries, and wish Danieli's cooperation with Hegang a complete success.

Under the witness of Yong, Benedetti, Giacomo, Sergio, Demarui and others, Wang Lanyu and Ma Yinuo signed the cooperation agreement on behalf of both sides.

According to the agreement:

This time, the two sides mainly focus on the project of Hegang Shigang New area. The project will deeply integrate the brand, talent, market and Danieli's advantages of brand, talent, market and Danieli's concept, technology and management, and face the steel segment market for manufacturing high-end parts and components, and jointly create a special steel enterprise with global competitiveness. In the future, the project will integrate the world's most advanced full-process process equipment and digital intelligent manufacturing technology in the aspects of 5G + intelligent manufacturing, short process process innovation, whole-process ultra-low emission, etc., from the overall process to product structure, from energy saving and environmental protection to operational efficiency have reached the world's leading level, leading the development direction of the industry, and become a model of special steel enterprises in China and even the world.

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