
On January 10, 2014, Changhang Group Shipbuilding Heavy Industry Corporation and Chongqing Iron and Steel Co., Ltd., through frank exchanges and friendly negotiations, on the basis of long-term friendly cooperation, the two sides continued to sign the "2014-2016 strategy". Cooperation Agreement and the Steel Supply and Demand Agreement for 2014.
The signing of the "Strategic Cooperation Agreement" will further establish and develop long-term and stable supply and demand relationship for the two parties, jointly build the market leading edge, make full use of the resources of both parties, develop new market areas, and jointly enhance the core competitiveness of their respective enterprises. The pursuit of development has laid a solid foundation. At the same time, the two sides reached a cooperation agreement on the total amount of steel supply and demand in 2014.
The signing of this agreement provides guarantee for the stable steel supply, improve the shipbuilding quality, shorten the shipbuilding cycle and enhance the market competitiveness of the factories of Changhang Heavy Industry. It also lays a good foundation for the opening of the external market of Changjiang Shipping Materials Corporation of Changhang Heavy Industry. .
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