On the afternoon of March 8, China Sinosteel Corporation and Ningxia Shizuishan City signed the strategic cooperation framework agreement in Sinosteel International Plaza, based on which, both parties would further give play to their respective advantages to actively conduct the extensive, comprehensive and thorough cooperation in relevant industries. Among the attendees were Jia Baojun and Xu Siwei , leaders of Sinosteel and Peng Youdong, secretary of CPC Party Committee of Shizuishan city.
Both parties expressed that Shizuishan city enjoyed good foundation for the industries such as coal-based carbon material, complex alloy and equipment manufacture, etc., whose industry advantages complemented that of Sinosteel Corporation , so they hoped that both parties could use the chance of signing the strategic cooperation framework agreement to leverage their respective advantages , explore more extensive cooperation fields and space and promote the win-win development of central enterprises and the local economy.