China Baowu news, on the afternoon of November 18, Baowu General Manager Hou Angui met with Michael Court, Chairman of Cord Holdings, and his entourage at Baowu Building.

The two sides reviewed the history of joint venture cooperation, and carried out in-depth exchanges on topics such as further strengthening communication and synergy, and promoting the realization of sustainable development of both sides.

Founded in 1919, Cord Holdings has 18 joint ventures and 64 subsidiaries in 16 countries and regions, with its main business involving the steel service industry and other fields. Ltd, a joint venture between Baowu Heavy Industry and KDH, was established in 1999.

Hou Angui said that Baowu attaches importance to the long-standing partnership with KD Holdings, and hopes that the two sides will strengthen communication, synergy and collaboration, and make joint efforts to help the production site to improve efficiency and reduce costs, to help Baowu effectively cope with the severe situation of the steel industry, and to promote the win-win situation of both sides to achieve sustainable development.

Michael Court said that Shanghai KDE is one of the best joint ventures of KDE Holdings, and the strategies and objectives of both parties are highly compatible, which lays the foundation for maintaining a long-term friendly cooperative relationship. It is hoped that both sides will strengthen communication and exchange, mutual assistance and mutual benefit.

by sxcoal.com