On August 11, Sinosteel Corporation and Xinxing Pipes signed strategic cooperation agreement in Beijing. Sinosteel president Mr. Huang Tianwen and Xinxing Pipes chairman Mr. Liu Mingzhong delivered speeches and signed on the strategic agreement on behalf of each party. Vice president Mr. He Lin, heads of President’s Office, Accounting and Finance Dept., Management and Development Dept., Sinosteel Trading, Sinosteel Raw Materials, Sinosteel Iron & Steel, Sinosteel Equipment & Engineering, Sinosteel Shipping and Sinosteel Tendering also attended the signing ceremony.
President Huang approved the important meaning of the strategic coalition between Sinosteel and Xinxing Pipes. He pointed out that there are extensive cooperating fields between two central enterprises. Sinosteel would like to carry out extensive cooperation with Xinxing Pipes, exerting each other’s advantages and making up each other’s shortcomings so as to realize win-win. The signing of this agreement will definitely promote the competitiveness of both parties and the developing aftereffect. General Manager Mr. Liu Mingzhong introduced the current developing situation of Xinxing Pipes in his speech, and he hoped to extensively cooperate with Sinosteel to share the advantages and make up each other’s advantages to develop a scientific, effective and win-win way.
As one of the 520 key enterprises, Xinxing Pipes is a large-scale trans-regional and trans-industrial company integrated with science, industry and trade.
