OREANDA-NEWS. May 23, 2013. Li Xiaobo, Chairman of TISCO signed the strategic cooperation agreement with Xu Yinping, Chairman of Yongji Xinshisu Electric Equipment Co., Ltd. (YXEE). The signing ceremony was held in Garden International Hotel, Taiyuan. Zhang Zhifang, President of Shanxi Taigang Stainless Steel (STSS), Gao Jianbing, Vice President of STSS, the leaders from the departments concerned of TISCO and representatives of YXEE attended the signing ceremony.
   
Zhang Zhifang said that TISCO valued the cooperation between two companies very much, the long-term friendly cooperation between the two sides laid a solid foundation for carrying out the all-dimensional strategic cooperation in the future. YXEE, driven by the national policies, was facing the new development opportunities and was about to begin the upgrading and updating of the products. TISCO’s silicon steel cold tandem mill project was willing to take the opportunity and give full play of its advantages in production and technology to provide YXEE with more choices in steel products. TISCO would provide YXEE with better technical support and after-sale service in more favorable prices in return for YXEE’s long term support and help. He hoped that both sides cooperate more extensively in steel products supply, scrap recovery and application of controllers and write a new chapter in win-win partnership of competitive enterprises.
 
Xu Yinping said that TISCO was a trustworthy enterprise with strong R&D strength and reliable quality assurance ability. In the past years, the unique products and service supplied by TISCO gave great support for the upgrading and competitiveness of the YXEE’s motor products. Both companies represented the advanced level in their respective fields and enjoyed a good foundation and vast room for cooperation. In the future, both sides would strengthen the win-win partnership, build the most competitive industrial chain together and make more contribution for the development of Shanxi Provincial motor and steel industries.
 
Before the signing ceremony, Xu Yinping and his party visited 4350 m3 BF, radial forging production line in Section Mill, 2250mm HSM, new stainless steel cold rolling production line, Silicon Steel Cold Rolling Mill and the construction site of the silicon steel cold tandem mill project accompanied by Gao Jianbing.