On April 11, 2023, a delegation led by Miao Hongyong, Deputy General Manager of Hegang Tang Steel, and Gao Liang, General Manager of Sales Company, visited Shandong Xinqiao for inspection and research. Xu Hong, General Manager of Xinqiao Company, Ge Wenguang, Deputy General Manager, and other company leaders warmly accompanied them.

The two sides had a discussion in the conference room on the second floor and had in-depth exchanges and communication on relevant issues.

Xinqiao Company has been cooperating with Tangshan Iron and Steel Group for 11 years since 2012, with brand numbers covering Q355-420B/C/D. Since the new production was put into operation, the potential of inferior production line equipment has been unleashed in various aspects such as specification debugging, material expansion, standard increase, and product use. In many years of cooperation, Tangshan Iron and Steel Group's angle steel products account for over 80% of its monthly average angle steel procurement volume, Showing high customer loyalty and strong customer stickiness. Since January 2022, we have ordered nearly 200000 tons of angle steel, including Q355C grade and above angle steel, from the State Grid South Grid. Our customers have extensive cooperation with Tangshan Iron and Steel in the fields of high standards, high materials, and low temperature resistance. We are the most loyal angle steel customers of Tangshan Iron and Steel and highly recognize the quality of its products.

Shandong Xinqiao has been producing low-temperature resistant steel sections since 2019, cooperating with Shan Steel, Bao Steel, and Ma Steel, and signing strategic cooperation agreements with the three companies mentioned above, becoming a strategic partnership. After development, it has gradually expanded to the fields of I-beam, channel steel, and other fields, with a standing low-temperature resistant inventory of over 20000 tons, which has become a new highlight of the company's business. Miao Hongyong, Deputy General Manager of Hegang Tangshan Iron and Steel Co., Ltd., stated that with the support of similar experience, Tangshan Iron and Steel Co., Ltd. will continue to promote communication and cooperation with Xinqiao Company in new products and new business models. Currently, relevant H-beam products are being debugged according to customer needs. As our company's C/D/E grade low-temperature resistant angle steel, weather resistant angle steel, 460 and above high yield strength angle steel, boron added angle steel, ultra limit specification angle steel, and high standard and high material H-shaped steel products enter the research and development and debugging stage. Mr. Mo believes that Xinqiao has excellent channels, and Tangshan Iron and Steel has high-quality products and scientific research advantages. Tangshan Iron and Steel is willing to establish a deeper cooperative relationship with Xinqiao and work together to promote the development of bilateral cooperation to a new level.