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