July 16 HBIS and Da Ming International Holdings (DMSSC) signed an Industrial Chain Strategic Framework Agreement in Jingjiang City. The parties will be dedicated to a high end value chain and resource sharing & coordinated complete industrial chain alliance. HBIS CCP & Group Chairman Yu Yong met DMSSC Board Chairman Zhou Keming and witnessed the signature of this agreement. HBIS Vice President Liu Jian, DMSSC Executive Director Fu Jingqin and Wangjin attended the event and HBIS Vice President Li Yiren, DMSSC President Jiang Changhong signed the agreement.
Yu Yong said DMSSC owns advanced business concepts, leading technologies, innovated business models. Its dedication, focus and professionalism have connected steel manufacturers and their cliwents. DMSSC is a successful case of in the transfermation from manufacturing to service business model in the post steel era.
Yu Yong said the cooperation of HBIS and DMSSC would be a coordinated and win-win one. Besides traditional businesses, the partners will take full advantages of their own brands and resources to explore new markets and new industries. Along the Belt & Road Initiative, they will deepen their cooperation and make a community along the upper and downstream industrial chain, a new chapter of the two companies.
Zhou Keming welcomed Mr.Yu Yong and his team from HBIS and said being elected the Chairman of World Steel Association showed the strength of Chinese steel industry.
Zhou Keming said the new framework agreement would draw the two great companies closer and in the future, DMSSC would deepen its coordination with HBIS to explore new markets, new products, new industrial applications and new capital investments.
According to the agreement, the coopeartion will be mutually beneficial, coordinative and win-win. The parties will share their R&D, manufacturing and capital resources to make a complete industrial chain alliance. They will study steel processing, joint R&D centers and joint venture opportunities and together, they will serve Belt & Road Initiative projects to promote their influence and brands.
Before the signture, accompanied by Mr.Zhou Keming, Yu Yong visited the Da Ming Jingjiang processing center and Daming Heavy Industry. In the tour, the team understood the Da Ming industry, equipment, procedures and markets.