ExxonMobil Investment Co., Ltd. and Maanshan Iron & Steel Co., Ltd. recently held the thirtieth anniversary celebrations on the occasion of the 30th anniversary of the cooperation between Exxon Mobil and Maanshan Iron and Steel signed a strategic cooperation framework agreement officially became the strategy Partner.
Mr. Gao Haijian, Chairman and Party Secretary of Masteel Group Corporation, Mr. Tian Jun, Deputy General Manager of Maanshan Iron & Steel Co., Ltd., Mr. Zhang Mahan, Assistant General Manager, Mr. Wang Yi Ming, General Manager of ExxonMobil China Ltd., Mr. Zeng Hongwei, the deputy general manager, and Mr. Zhou Suping, chief engineer of the anti-vice president and Mr. Zhou Suping visited the event site to review the course of cooperation between the two parties over the past 30 years and to discuss future cooperation and work together to create a bright future for the industry.
Thirty years of cooperation To deal with harsh challenges
ExxonMobil's cooperation with Masteel can be traced back as early as 30 years ago - In 1987, Masteel Group put into production the first batch of high-speed wire rod production lines in China and adopted internationally advanced processing technology. As the application of lubricated products Exceedingly demanding, ExxonMobil, as the recommended oil for equipment manufacturers, was fortunate to be the only lubricant brand to be used on the high-speed wire rod rolling line of the time, and the cooperation between the two parties was also under way. The accumulated experience in their respective fields actively responded to the harsh challenges brought about by the development of the steel industry.
The two sides will further deepen the strategic cooperation, Exxon Mobil will continue through a comprehensive lubrication solutions, Masteel's production line to provide high-performance lubricants and professional technical services to help consolidate Ma steel in the domestic steel, H Steel and other fields leading to enhance the core competitiveness of enterprises.At the same time, ExxonMobil will also work with Masteel to implement more comprehensive planning and engineering services to help Masteel enhance total factor productivity and further expand the supply of high-end, Realize the business from big to strong strategic change.
Promote innovation in China's steel industry
In order to better adapt to the new normalcy of China's economy, the Ministry of Industry and Information Technology vigorously promoted the production capacity of steel in recent years.With the effective promotion of de-capacitying of steel products, the price of steel rebounded and the entire industry turned losses into profits. , Our country should continue to deepen the supply-side structural reform, pay attention to innovation-driven and speed up the conversion of old and new kinetic energy in order to seek more quality and more effective development.
Against this background, Masteel sticks to the development of the first priority, structural adjustment, innovation-driven main line, continue to introduce advanced equipment and technology from abroad, with remarkable growth rate for equipment manufacturers to provide better Products and services to promote China's steel industry toward a standardized, orderly and innovative direction.
Mr. Gao Haijian, Chairman and Party Secretary of Masteel Group, said at the signing ceremony: "Especially this year, Masteel Group and its shares have achieved the best operating results since the founding of Masteel. I hope Exxon Mobil and Ma Steel can start from lubricants to further strengthen exchanges and further expand the cooperation space so as to achieve win - win cooperation on the road of development.
Exxon Mobil (China) Investment Co., Ltd. General Manager Mr. Wang Yiming said: 'For three decades, ExxonMobil and Masteel wind and rain together and grow together and we hope that this strategic cooperation as an opportunity to continue to provide high-performance Masteel Products and professional services, further expand the cooperation and exchange between the two parties in product, technology and personnel training, and start a new chapter of mutual benefits. '