October 15, HBIS CCP & Group Chairman Yu Yong meet JFE Chairman & CEO Koji Kakigi and brief their counterparts with their companies and agreed to deepen their cooperation. Mr.Yu Yong was attending the World Steel Association (WSA) executive committee and board annual meetings in Tokyo Japan. ?xml:namespace>
Yu Yong said JFE was the second largest steel mill in Japan and owned the extensive experiences in deep processing and client service in the industry, that all made it complementary and synergetic with HBIS. Now, the Chinese steel industry is upgrading to a high quality and client service oriented market from its original mass production mode. The Chinese industrial service business and traditional manufacturing are on different path and the industrial service will grow into a large system that providing even more comprehensive development and opportunities to the steel industry. HBIS is extending to material and client services.
Mr. Koji Kakigi congratulated the performances of HBIS and agreed with the forecast of development of Chinese steel industry of Mr.Yu Yong and the development concept of the group. JFE is willing to work closely with HBIS and explore more cooperation models and start more projects.
The parties agreed that their strategic planning departments will firstly establish a regular communication mechanism to keep information flow allowing them to explore more cooperation.