Baotou-based steel giant Baogang Group, also known as Baotou Iron and Steel Group, is to cooperate with Yingde Gases to boost economic growth with a cooperation framework agreement signed between the two parties on March 18, according to local media.

Attendees at the signing ceremony included Wei Shuanshi, president of Baogang Group, Wang Xiulian, deputy mayor of Baotou, and Dai Zhanglong, chief operating officer of Yingde Gases.

Established in 1954, Baogang Group is an iron and steel State-owned enterprise based in Baotou. It is the largest steel business based in the autonomous region, and one of the oldest iron and steel industrial bases in China, with a large production base of iron and steel, and the largest scientific research and production base for rare earth metals in China.

Yingde Gases Group Co is a large-scale and professional company, dedicated to the national development of industrial gases. Its main businesses include on-site gas supply, retail gas distribution, specialized production of industrial gases like oxygen, nitrogen, argon and some specialty gases. The company mainly serves customers in the iron and steel, chemicals, non-ferrous metals, electronics, and energy industries.

Baotou-based steel giant Baogang Group, also known as Baotou Iron and Steel Group, is to cooperate with Yingde Gases to boost economic growth with a cooperation framework agreement signed between the two parties on March 18. [Photo/Baotou Daily] 

A steel production workshop owned by Baogang Group, the largest steel business based in Inner Mongolia autonomous region [Photo/Baotou Daily]