Amidst the swirling winds and intensifying competition in the global new energy vehicle industry, a profound cross-border collaboration was passionately launched at the Group’s headquarters. The Chairman and General Manager of the Group, together with representatives from a leading Korean new energy vehicle enterprise who had traveled from afar—Director Dongxun Cui and his delegation—put pen to paper, signing a five-year long-term supply agreement. This historic moment, like a massive rock cast into the industry’s lake, sent ripples far and wide, marking the official embarkation of the cooperation into a new channel of deep integration and mutual benefit.
This signing was no coincidence; it was the natural culmination following three months of detailed online exchanges by the technical team led by Director Dongxun Cui and a subsequent three-day offline visit for on-site factory inspections. Under the attentive guidance of the Group’s Deputy General Manager and Chief Technology Officer, Wang Jianjun, the Korean clients embarked on a wondrous journey exploring technological marvels. They navigated through the Group’s newly operational third-generation ultra-high-strength steel continuous annealing production line, sensing the formidable toughness steel gains through high-temperature quenching. Strolling along the intelligent galvanizing line, they marveled at the renewed vitality modern technology bestows upon steel. Pausing at the national-level material testing center, they appreciated the high quality assured by rigorous and precise inspection processes. This series of visits provided the clients with a comprehensive and deep understanding of the Group’s profound heritage and robust capabilities in material R&D and intelligent manufacturing.
The environmentally friendly galvanizing line tailored by the Group for new energy vehicles resembles a green technology corridor, perfectly blending environmental concepts with advanced processes. The surface quality optical inspection system acts like discerning eyes, accurately capturing every minute flaw. These innovations won high praise from the technical team, who gave thumbs-up in admiration of the Group’s ingenuity. Director Dongxun Cui showed particular interest in the Group’s just-in-time production logistics dispatch center. Witnessing firsthand how the Group achieves minute-level precise synchronization with OEM production plans using advanced AI algorithms, his eyes sparkled with excitement. He couldn’t help but exclaim, “This is precisely the core capability we need to build a ‘zero-inventory’ supply chain system!”
From the roar of production lines to the quiet of laboratories, from the rigor of quality control to the efficiency of logistics coordination, over these three days of fully transparent, end-to-end inspections, both parties interacted like close partners, engaging in candid exchanges and in-depth discussions. Every dialogue deepened mutual trust; every visit dispelled concerns about cooperation. Ultimately, this trust and understanding converged into a powerful force, laying a rock-solid foundation for long-term, deep collaboration. The signing of this agreement represents a historic breakthrough for the Group in cooperating with international high-end clients, both in terms of the vast scale of demand and the depth and breadth of cooperation levels. It stands as a brand new milestone on the Group’s development journey.
As per the agreement, in the first year of cooperation, the client’s annual benchmark procurement volume of the Group’s high-end automotive steel sheets will reach 20,000 tons. This includes approximately 10,000 tons of 1500MPa-grade and above ultra-high-strength steel for vehicle body safety structural components, acting like steel guardians safeguarding vehicle safety; and about 15,000 tons of O5-grade high-surface galvanized sheets for exterior panels, resembling refined outerwear that grants vehicles a fashionable and aesthetic appearance. More excitingly, as the client’s multiple new platform models are launched successively like brilliant stars over the next two years, related procurement demand is expected to multiply. This undoubtedly opens a broad door for the release of the Group’s high-end production capacity, providing a stable and high-quality market channel, allowing the Group’s high-end products to better reach the global stage.
Differing entirely from traditional scattered order models, both parties boldly innovated this time, establishing a precise “weekly-cycle supply” collaborative system. This system operates like a precisely calibrated machine. The Group will base dynamic deliveries on the client’s rolling production plans, with a benchmark of approximately 3,000 tons per quarter, and can flexibly adjust material specifications and strengths online according to actual needs. This innovative model is akin to a timely rain, effectively alleviating the client’s inventory pressure and allowing their capital to operate more efficiently. However, for the Group, this presents a severe challenge, imposing unprecedented high demands on production flexibility, intelligent scheduling, and logistics precision. Undeterred, the Group resolutely commits to achieving a comprehensive product qualification rate (covering performance, dimensions, and surface) of 99.9%. Consistently meeting this target across consecutive quarters will also earn the client’s “quality premium” incentive. This is both a weighty responsibility and a powerful driving force pushing the Group to relentlessly pursue excellence and scale new heights.
Riding the tides of data sharing and green, low-carbon initiatives, the Group actively responds to the global carbon neutrality call, standing at the forefront. It will provide a third-party-verified full lifecycle carbon footprint report for each batch of steel delivered. This report, like a detailed environmental map, clearly labels the carbon emission data from smelting to rolling, giving clients a clear view of the product’s environmental performance. Simultaneously, the Group will fully leverage its rich experience in green certification, acting like a considerate guide to assist in applying for internationally authoritative green product certification for vehicles manufactured using this material. This not only helps partners enhance their environmental competitiveness in the global market but also contributes to promoting the green development of the entire new energy vehicle industry.
On the day of the signing, the first batch of 2,500 tons of high-surface galvanized sheets produced under the new cooperation model smoothly rolled off the line at the Group’s smart factory. These materials, embodying the wisdom and efforts of both sides, are like envoys setting sail. They will depart from Qingdao Port early next week, traverse the vast ocean, precisely arrive at Incheon Port in South Korea, and head straight to the client’s production line. This promise spanning mountains and seas has transformed from words on paper into tangible action, playing a stirring movement of synchronized progress and shared future success on the path of high-end manufacturing.
We firmly believe that with trust as a solid cornerstone and innovation as powerful wings, this path of cooperation will undoubtedly grow broader and more splendid. Standing shoulder to shoulder, both parties will surely create more remarkable new achievements, shine brightly on the stage of the global new energy vehicle industry, and write our own legendary chapter!
