On the afternoon of November 10, 2020, Xiamen Xiangyu Co., Ltd. (referred to as Xiangyu Co., Ltd.) and Henan Shenhuo Group Co., Ltd. (referred to as Shenhuo Group) reached a strategic cooperation in Shanghai. Xiangyu Group Party Committee Member, Xiangyu Co., Ltd. Party Secretary and General Manager Manager Deng Qidong and Shenhuo Group Party Secretary and Chairman Li Wei signed a strategic cooperation framework agreement as representatives of both parties.

Shenhuo Group is a large state-owned group company wholly-owned by the State-owned Assets Supervision and Administration Commission of Shangqiu City, Henan Province. It has the advantages of industrial operation integrating coal mining, thermal power generation, and electrolytic aluminum production. Xiangyu shares and Shenhuo Group have a long-term cooperative relationship. The two parties will use the 900,000 tons of green hydropower aluminum integration project of Shenhuo Group in Yunnan as the starting point, relying on the supply chain integrated circulation and service platform of Xiangyu shares, and focus on the aluminum industry chain. , Develop business cooperation in the construction of comprehensive logistics parks (including the construction and operation of special railway lines) to enable Xiangyu’s supply chain, financial and logistics services to penetrate into the southwest electrolytic aluminum industry cluster and promote the further integration and development of light and heavy assets.

Shenhuo Group Party Committee Member and Deputy General Manager Zhang Wei, Shenhuo Group Party Committee Member and Deputy General Manager Chang Zhen, Minxing University General Manager Li Wenhong, Xiangyu Aluminum Sheng General Manager Zheng Luyu and Xiangyu Zhangjiagang General Manager Guo Zhenjing and other leaders witnessed Sign up. Editor/Xing Wentao