【SMM Aluminium Flash News】Xiangyu Group and China First Heavy Industries signed a strategic cooperation agreement.

Published: Dec 15, 2025 10:15

Save

On December 11, Xiangyu Group and China First Heavy Industries Group Co., Ltd. (hereinafter referred to as "China First Heavy Industries") signed a strategic cooperation agreement in Xiamen. Quan Huaqiang, Director, General Manager and Deputy Secretary of the Party Committee of China First Heavy Industries, and Lin Junjie, Vice President of Xiangyu Group, attended the signing ceremony. Zhang Wenping, Standing Committee Member of the Party Committee and Chief Accountant of China First Heavy Industries, and Zeng Yangfeng, Vice President of Xiangyu Group, signed the agreement on behalf of their respective parties. Before the signing, Quan Huaqiang and his delegation visited the cultural space of Xiangyu Group. Subsequently, the two sides held in-depth discussions and exchanges on industrial chain cooperation and technological research and development collaboration. China First Heavy Industries is a key state-owned enterprise under the central government, providing a large number of core equipment for key industries such as metallurgy, energy, chemical industry, and transportation, filling hundreds of technological gaps in domestic industrial products.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

High-Level Consolidation in Secondary Aluminum[[Weekly Review of Aluminum Scrap and Secondary Aluminum]]

[[Weekly Review of Aluminum Scrap and Secondary Aluminum]]Secondary Aluminum Market Consolidated at High Levels, Intensifying the Tug-of-War Between Cost Support and Weak Demand

1 hour ago

China's Secondary Aluminum Alloy Ingot Inventory Down 8,540 mt, Continues Destocking Trend

[SMM Aluminum Market Bulletin] According to SMM statistics, the social inventory of secondary aluminum alloy ingots in China’s major consumption regions decreased by 8,540 mt from last Thursday today, extending the destocking trend.

1 hour ago

SHFE Cast Aluminum Alloy Warrants Rise to 32,723 MT, Regional Changes Noted

[SMM Flash News] SHFE data showed that as of April 2, the total registered volume of cast aluminum alloy warrants was 32,723 mt, an increase of 111 mt from the previous trading day. By region, the total registered volumes were Shanghai (1,942 mt, unchanged), Guangdong (13,566 mt, down 214 mt), Jiangsu (3,331 mt, up 627 mt), Zhejiang (9,044 mt, down 302 mt), Chongqing (3,634 mt, unchanged), and Sichuan (1,206 mt, unchanged).

1 hour ago