Sinosteel Corporation and Songcheng Group Signing Strategic Cooperation Agreement

On the morning of August 3, Sinosteel Corporation and Songcheng Group signed the strategic cooperation agreement in No.1 Meeting Room in the headquarters of Sinosteel. President Mr. Huang Tianwen and chairman of Songcheng Group Mr. Huang Qiaoling signed on behalf of each party. Vice president Mr. Wang Zhenwu, heads of President’s Office, Management and Development Dept., Investment Administration Dept., Sinosteel Investment Company and Sinosteel Property Management Co., Ltd. also attended the meeting.

 

On the signing ceremony, Mr. Huang Tianwen welcomed the delegation of chairman Huang. Sinosteel Corporation (abbreviated as Sinosteel) is a central enterprise under the administration of the State-Owned Assets Supervision and Administration Commission. Sinosteel is mainly engaged in developing, mining and processing of metallurgical mineral resources; trading and logistics of metallurgical raw materials and other related products; conducting research, application and service of metallurgical technologies, etc. It is a large enterprise with clear-defined core business that integrates resources, trade, science & technology and specialized service.

 

Songcheng Group evolving from Hangzhou Worldland & Real Estate Co., Ltd founded in 1994 is the first professional private tourist corporation of Zhejiang Province. Now it has developed into a large-scale enterprise group with headquarter in Hangzhou, composing of 30 Holding and Share companies, with the total assets of 6 billion yuan. Up to now, Songcheng Group has become the largest private tourist development Group of China. In addition, it is also the main shareholder of Hangzhou Bay Cross Sea Bridge, which has been in progress and the construction unit of Hangzhou World Leisure Expo Garden. Besides, it is the top member of the International Association of Amusement Parks and Attractions (IAAPA) and the member of the World Leisure Organization (WLO).

 

Chairman Mr. Huang Qiaoling introduced the good results in entertainment achieved by Songcheng Group for dozens of years and its future developing strategy. Chairman Huang congratulated on the signing of the strategic cooperation agreement, and would like to co-develop with Sinosteel.

 
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