Xinhua Silk Road: Shaangu Group inks 380 mln USD purchasing deal with Sorin Corporation

Xinhua Silk Road

PR92969

 

BEIJING, Nov. 11, 2021 /PRNewswire=KYODO JBN/--

 

Shaanxi Blower (Group) Co., Ltd. (Shaangu Group), a leading distributed energy

system solution provider in northwest China's Shaanxi Province, signed a

procurement framework agreement of zinc ingot valuing 380 million U.S. dollars

with Sorin Corporation based in the Republic of Korea (ROK) at the 4th China

International Import Expo (CIIE) on November 5.

 

Witnessed by the business representatives of both parties, the signing of the

agreement is another landmark achievement of Shaanxi enterprises in promoting

cooperation with international quality suppliers at the CIIE.

 

The agreement signed is of great significance as an essential measure for

Shaangu Group to actively "go global" under the Belt and Road Initiative (BRI).

 

As an industrial leader that has won the China Grand Awards for Industry twice,

Shaangu Group has been deepening its internationalization in recent years,

continuously reinforcing its global resource allocation capabilities and taking

an important role in boosting global industrial, supply, and value chains.

 

Committed to building a world-class intelligent and green energy enterprise,

Shaangu Group strategically provides distributed energy system solutions to

customers in the global industrial chain while also focusing on building an

innovative supply chain with distributed energy system solutions.

 

At present, Shaangu Group has further expanded its overseas through smart

logistics, supply chain finance, and information services. As of October this

year, the group's import and export contract value has increased 179.49 percent

year on year.

 

Original link: https://en.imsilkroad.com/p/324747.html

 

SOURCE: Xinhua Silk Road

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