August 5，Signing Ceremony of Strategic Cooperation Agreement between XCMG and Baotou Steel Group，It marks that the strategic partnership between the two sides has entered a new stage of comprehensive and in-depth cooperation.。Secretary of Party Committee of Baotou Steel Group、Chairman Meng Fanying，President of XCMG、Lu Chuan, Deputy Secretary of the Party Committee，Vice President Meng Wen and others attended the event.。

At the ceremony，The two sides conducted in-depth exchanges on the establishment of close strategic cooperation by concentrating superior resources in the future.，Will work together to develop high-end green mining equipment，Promoting National Green Mines，Smart mine construction，Guarantee the safety of national mine resources。

Meng Fanying said，XCMG and Baotou Steel Group have a long history of cooperation.，It has formed a deep foundation for cooperation in the field of multi-industry.。Future，Baotou Steel Group will give full play to the resources of iron and steel industry, especially rare earth steel products.、Scale、Technology、Variety and other advantages.，Continuously explore new cooperation points with XCMG，Nurture and develop emerging businesses，Expand areas of cooperation，Jointly create a model of high-level upstream and downstream cooperation，Achieve mutual benefit and win-win。

Lu Chuan expressed his gratitude to Baotou Steel Group for its support and trust in XCMG over the years.，At the same time，In recent years，XCMG Comprehensively Promotes Industry“High-end、Intelligent、Greening、Service-oriented、Internationalization”Yes“Wuhua”Transformation and upgrading，Continuously accelerating the pace of innovation-driven high-quality development。Xugong Group and Baotou Steel Group have strong complementarity in cooperation and development.、Broad prospects、The potential is huge。It is hoped that the two sides will take this signing as an opportunity.，In Green Intelligent Equipment、Modern manufacturing service industry、Collaborative innovation in the application of hydrogen energy in the field of construction machinery and other industries and the development and application of cutting-edge technologies，Deepen cooperation，Win-win together。

Lu Chuan and Baotou Steel（Group）Deputy general manager of the company，Party Secretary of Baotou Steel Co., Ltd.、Chairman Liu Zhengang signed strategic cooperation agreements on behalf of Xugong Group and Baotou Steel Group respectively.。