TEDA Holdings and Xintian Steel Held Deep Cooperation Exchange Meeting

TEDA Holdings and Xintian Steel Held Deep Cooperation Exchange Meeting
On August 31, 2022, TEDA Holdings and Xintiangang held working talks at the Renaissance TEDA Hotel in Tianjin to conduct in-depth exchanges on related cooperation matters. Li Weihua, deputy general manager of TEDA holdings, presided over the meeting. Ding Liguo, chairman of Delong group and Xintiangang group, Gu Tianyi, Secretary of the Party committee and President of Tianjin Branch of China Development Bank, Qu Defu, Secretary of the Party committee and chairman of TEDA holdings, and Liu Aimin, chairman of China Africa TEDA, attended the meeting and delivered a speech. Ma Bingbing, chairman of Zhongzhong science and Technology (Tianjin) Co., Ltd., Ltd., attended the meeting.

After watching the promotional videos of TEDA Holdings and TEDA Cooperation Zone, Chairman Qu Defu welcomed the guests and delivered a speech on behalf of TEDA Holdings. He said that in recent years, with the strong support of the Municipal Party Committee and Municipal Government and the Municipal State-owned Assets Supervision and Administration Commission, TEDA Holdings has also carried out comprehensive reforms. TEDA Holdings aims to build a first-class cross-border state-owned capital investment company, focusing on comprehensive urban development, finance and industry. The three main businesses strengthen the two major functions of capital operation and asset management, and continue to enhance the competitiveness, innovation, control, influence, influence and anti-risk capabilities of the state-owned economy. Over the years, TEDA Holdings and China Development Bank Tianjin Branch have established and continued to deepen the bank-enterprise cooperation relationship. The two parties have built a good foundation for cooperation in investment and financing, large-scale project construction and other fields. With the signing of the strategic cooperation agreement, TEDA Holdings and Xintiangang have entered a stage of omni-directional and in-depth cooperation, and all work is being carried out in an orderly manner in accordance with the agreement. I believe that the future is bound to be bright and broad.

Later, Ding Liguo, chairman of Delong Group and Xintiangang Group, introduced their participants and delivered a speech. He said that at the end of 2021, Delong Group successfully entered the world's top 500 list, which is a milestone for the development process of Delong Iron and Steel Group. The comprehensive competitiveness of Delong Iron and Steel Group has jumped to a new level and embarked on a new journey of high-quality development. In particular, under the continuous influence of the intertwined changes of the century and the century epidemic, it has injected new kinetic energy into the Delong Steel Emergency Bureau, the new machine and the new bureau. He pointed out that iron and steel enterprises must actively take measures to deal with market changes, take the balance of supply and demand as the goal, start from the supply side, logistics side and marketing side, achieve safe and stable operation, and promote the healthy development of the iron and steel industry. Actively implement the "Belt and Road" strategy, explore the experience of "one main body and two cycles" in the steel industry, and solidly promote the "going out" work. In 2019, Delong Group responded to the call of the state, actively engaged in the reorganization, holding the reorganization of the "Bosteel system" Bosteel Group, Tiangang Group, Tiantie Group, Metallurgical Group steel plate, the achievement of the largest restructuring case of state-owned enterprises since the reform and opening up. In 2022, Xintian Steel will work hand in hand with TEDA Holdings to cooperate closely in the construction of the 10 million-ton steel manufacturing project in Saudi Arabia, the construction of a characteristic steel industrial park, the revitalization of the US steel pipe project, and the construction of the "Belt and Road" to jointly create and implement the new development concept and actively Integrate into the new development pattern, and work hard to make new achievements in the process of promoting Tianjin's comprehensive construction of a modern socialist metropolis.

Then, President Gu Tianyi pointed out that TEDA Holdings and China Development Bank Tianjin Branch signed a strategic cooperation agreement this year, and the cooperation between the two parties has entered a new stage of all-round, multi-field, and deep-seated. She highly affirmed TEDA Holdings' high-quality development achievements and outstanding social contributions, and introduced the achievements of CDB Tianjin Branch in taking root in Tianjin and serving Tianjin's economic and social development over the years. She said that China Development Bank Tianjin Branch will make full use of high-quality financial resources, actively provide strong financial support for the reform and development of TEDA Holdings and the construction of key projects, and consolidate and develop the good situation of strong cooperation and sincere cooperation between banks and enterprises.

Subsequently, Wang Yuexin, deputy general manager of TEDA Holdings, Li Weihua and Kan Yonghai, executive president of New Tiangang, respectively gave a brief explanation on the latest progress and next work arrangements of the Saudi steel project and the US steel pipe project, and discussed and exchanged views on all-round and in-depth cooperation between the two sides.

The meeting made it clear that the two sides will give full play to their respective leading and core roles, revolve around the upstream and downstream industrial chain, and strive to create a characteristic iron and steel industry cluster of "horizontal clusters and lateral chains" by gathering chains and clusters, so as to continuously enhance the resilience and competitiveness of the industrial chain. At the same time, adhering to the systematic development concept of "invigorating the city by industry, bringing production by the city, and integrating industry and city", we will jointly promote the feasibility study, planning and design, development and construction, joint investment promotion and operation management of the new city of the iron and steel industry with characteristics, and explore and realize the economic development, urban development and people's livelihood security of the region, eventually, the project will be built into a new modern steel industry city with the coordinated development of production and cities, and a landmark project of China-Saudi Arabia and China-Arab cooperation to jointly build the "Belt and Road.