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Mingdao Aluminum and Yinlun Shares forge strategic partnership for aluminium market expansion

iconApr 18, 2024 10:33
Source:SMM
Mingdao Aluminum Industry and Yinlun Shares have recently solidified their collaboration through a strategic cooperation agreement.

Mingdao Aluminum Industry and Yinlun Shares have recently solidified their collaboration through a strategic cooperation agreement. This partnership aims to leverage their combined strengths in various sectors, including heat transfer materials, e-commerce, logistics, and aluminium for construction, fostering integrated development and mutual growth opportunities.

On April 2, a significant milestone was reached as Mingdao Aluminum Industry and Yinlun Shares formalised their strategic cooperation agreement. The signing ceremony, attended by key figures such as Xu Xiaomin, Chairman of Yinlun Group, and Liu Yudong, President of Geely Technology Group, emphasised the shared commitment to realising deep industrial integration across the aluminium materials sector.

Shared vision for integrated development

Liu Yudong, President of Geely Technology Group, highlighted Mingdao Aluminum's dedication to cultivating a comprehensive industry ecosystem. With a wealth of high-quality resources within the Geely system, the partnership with Yinlun Group is poised to unlock new avenues for collaborative innovation. By combining technological expertise, market resources, and a spirit of innovation, both parties aspire to achieve high-quality development while fostering a mutually beneficial environment.

Mutual admiration and future prospects

Echoing this sentiment, Xu Xiaomin, Chairman of Yinlun Group, commended Geely's exemplary enterprise and expressed confidence in the shared aspirations of the two companies. Drawing from past collaborations and a shared vision for the future, the focus now shifts towards establishing innovative cooperation models. Through strategic alignment across upstream and downstream activities, both entities aim to fortify their positions as leading enterprises in the aluminium industry.

Charting a new trajectory

The signing of this strategic agreement heralds a new chapter in the growth trajectory of Mingdao Aluminum and Yinlun Shares. By capitalising on their respective industry advantages, the partnership seeks to drive resource integration, leverage complementary strengths, and enhance connectivity across the industrial chain. Together, they are poised to accelerate the global expansion of new aluminium materials, reinforcing their commitment to innovation and sustainable development.

If you are interested in learning more about the international aluminium value chain, please have a look at AL Circle’s special report, Global Aluminium Industry Key Trends to 2030.

Source: https://www.alcircle.com/news/mingdao-aluminum-and-yinlun-shares-forge-strategic-partnership-for-aluminium-market-expansion-110487

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