On March 5, Jinyu Group signed a strategic cooperation agreement with Hebei Port Group. Jiang Yingwu, Party Secretary and Chairman of Jinyu Group, and Cao Ziyu, Party Secretary and Chairman of Hebei Port Group, attended and witnessed the signing of the contract. Liu Yu, member of the Standing Committee of the Party Committee of BBMG Group, deputy general manager and secretary and chairman of the Party Committee of BBMG Jidong Cement, and Yang Wensheng, member of the Standing Committee of the Party Committee of Hebei Port Group and deputy general manager, signed the agreement on behalf of both sides.
According to the agreement, the two sides will adhere to the principle of "equality, mutual benefit, honesty and trustworthiness", deepen diversified capital cooperation in the fields of ore transportation and processing, industrial park cooperation, trade and services, equipment manufacturing and services, promote resource sharing, mutual benefit and achieve high-quality development.
About Hebei Port Group: Hebei Port Group originated from Qinhuangdao Port, which was opened in 1898. In October 2022, the Hebei Provincial Party Committee and the provincial government integrated the port resources in the province and reorganized the Hebei Port Group to assume the main functions of port investment and operation in the province. The total assets of the group are 148.1 billion yuan, and there are two listed companies, "Qin Port Shares (A + H Shares)" and "Tangshan Port (A Shares)". It has 142 production positions, with an annual design capacity of 631 million tons and 4.76 million TEU containers. In 2024, the port cargo throughput reached 842 million tons, ranking third among the major coastal port groups in China.
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