On December 22, the signing ceremony of the strategic cooperation agreement between COSCO SHIPPING and Shougang Group was held in Beijing. Chairman of COSCO SHIPPING Capt. Xu Lirong and Chairman of Shougang Group Mr. Zhang Gongyan attended the ceremony and witnessed the occasion. Executive Vice President of COSCO SHIPPING Mr. Huang Xiaowen and Vice President of Shougang Group Mr. Han Qing signed the agreement on behalf of the two sides. Mr. Zhao Minge, Board Director and President of Shougang Group, presided over the ceremony.
According to the agreement, COSCO SHIPPING and Shougang Group will further exert their respective advantages, establishing a comprehensive strategic partnership based on the principles of equality, mutual benefit, win-win cooperation, and shared development. The two parties will carry out cooperation in shipping, logistics, finance, procurement, and overseas joint programs and promote win-win cooperation both at home and abroad.