Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Group (Baogang) has announced that it has inked a strategic agreement with Beijing-based Beijing JianYi Investment and Development (Group) Co., Ltd (JianYi Group). Accordingly, the two sides will establish a strategic partnership in the fields of technology improvement focused on new products and finished steel supply.
JianYi Group, founded in 1992, is a conglomerate engaged in areas including venture capital investment, real estate development, general engineering contracting and equipment manufacturing.