Which customers did China Railway Materials sign contracts with recently?

On February 25th, China Railway Materials Corporation and Shandong Iron and Steel Group Co., Ltd. held a signing ceremony of strategic cooperation agreement in Beijing. Song, general manager of China Railway Materials, and Zou, chairman of Shandong Iron and Steel Group attended the signing ceremony and delivered speeches.

According to the agreement, the two sides will actively seek cooperation opportunities and promote cooperation projects in comprehensive services of the railway industry, steel trade and steel extension processing services, and upstream resource development of the steel industry. Based on the principle of cooperation based on the present, focusing on the future, combining the strong and powerful, complementing each other's advantages, creating together and developing together, we will establish cooperation mechanisms such as the exchange of visits between leaders, the contact person system and the information notification system. Carry out all-round, multi-level, high-standard and long-term strategic cooperation, establish a win-win value supply chain and business alliance, jointly expand domestic and foreign markets, enhance the core competitiveness of both sides in their respective fields, and promote common development of both sides.

Song, general manager of China Railway Materials, said that in recent years, China Railway has developed rapidly. At present and in the future, China's railway development is still in a rare golden opportunity period. In 20 10, the investment in railway fixed assets is expected to be more than 800 billion yuan, including 700 billion yuan for capital construction; It is estimated that the new line will reach 26,000 kilometers in the next three years. The great development of railway construction provides a huge market demand for steel products and a broad space for the cooperation between China Railway Materials and Shandong Iron and Steel.

China Railway Materials has cooperated with Jinan Iron and Steel [5.24 -0. 19%] and Laiwu Iron and Steel under Shandong Iron and Steel Group for many years, and established a stable strategic direct supply channel. With the promotion of integrated operation and business integration of Shandong Iron and Steel Group, the two sides signed a strategic cooperation agreement to further enhance the original cooperative relationship.

China Railway Materials Co., Ltd. is a large-scale enterprise group with comprehensive services in the railway industry as its core and steel trade as its main business. In 2009, the operating income was 105 1 100 million yuan, and the steel products were sold15.88 million tons. Shandong Iron and Steel Group Co., Ltd. is a state-owned super-large iron and steel enterprise with an annual output of more than 3 160 tons.