Dexin Group deeply ploughs the steel production capacity that has been put into production and under construction in Indonesia has reached 7 million tons.

On March 31, Dexin Group signed a strategic cooperation agreement with Xiamen Free Trade Commission and Huli District Government. According to the agreement, Xiamen Free Trade Commission and Huli District Government will support Dexin Group to become bigger and stronger, and actively assist Dexin Group headquarters to enjoy relevant preferential policies in urban areas such as Xiamen headquarters economy, housing security, children's education, and employees settling down.

At present, the headquarters of Dexin Group has been fully put into operation, and it will invest in the construction of a 1780mm hot strip production line in Indonesia in the near future, with a total investment of US $300 million. after the project is put into production, it is estimated that the annual output of hot rolled coil is 4 million tons. The equipment procurement contract worth 650 million yuan for the project has been signed, and the export business has been started at the same time.

Dexin Group has invested a total of US $3.05 billion in Indonesia, with a steel production capacity of 7 million tons and a coking capacity of 7.5 million tons. In the future, Dexin Group will also focus on investing in overseas steel and supporting projects, and the total production capacity is expected to reach the production scale of "26 million tons of steel + 15 million tons of coking".

On the same day, Dexin Group also signed a memorandum of strategic cooperation with Xiamen Xiangyu Group Co., Ltd. to cooperate in building the Southeast Asian logistics and transportation network and expanding the commodity supply chain business, so as to achieve the deep integration of the industrial chain and the supply chain. Based on the steel industry of Dexin Group in Indonesia and the maritime logistics resources of Xiangyu Group, the two sides give full play to their respective advantages, actively explore the layout of cooperation, and jointly create a logistics blueprint with Indonesia as the core to radiate Southeast Asia, support the international development of business between the two sides, and achieve a win-win situation.