On March 3, 2025, Hebei Xinda Group and Hebei Qian 'an Rural Commercial Bank Co., Ltd. signed a strategic cooperation agreement between banks and enterprises, and the two sides will establish a long-term and stable strategic cooperative relationship, actively commit to constructive and pragmatic cooperation in the financial field, and jointly promote the industrial upgrading and leap-forward high-quality development of Xinda.

Qian 'an Rural Commercial Bank Party Secretary Gao Zhihong, Party committee members, Party discipline committee secretary Li Li, deputy Party secretary, President Ma Xuguo, Party committee members, Vice president Jia Li, Li Ya, He Lijuan, Hebei Xinda Group Vice chairman, Hebei Xinda Iron and Steel Group Co., Ltd. chairman Wang Songwei, group vice president, Hebei Rongxin Iron and Steel Co., Ltd. chairman Wang Bao and other leaders attended the ceremony.

01 Leadership Speech

Ma Xuguo, deputy secretary of the Party Committee and president of Qian 'an Rural Commercial Bank, presided over the ceremony and delivered a speech. He said that the signing ceremony marked a new level of cooperation between banks and enterprises. The main purpose of strategic cooperation between banks and enterprises is to realize resource sharing and complementary advantages through in-depth cooperation between banks and enterprises, so as to promote mutual benefit and win-win cooperation and coordinated development. The signing of the strategic cooperation agreement is not only the cooperation between Qian 'an Rural Commercial Bank and Xinda, but also the deep integration of finance and the real economy, which will also inject strong momentum into the high-quality economic development of Qian 'an.

02 Leader's Speech

Wang Songwei, vice chairman of Hebei Xinda Group and chairman of Hebei Xinda Iron and Steel Group Co., Ltd. thanked Qian 'an Rural Commercial Bank for its long-term trust and support for Xinda's development, and introduced the group's production and operation situation and development plan. He said that Hebei Xinda Group focuses on the development of the steel industry and the real economy, and has formed a relatively complete industrial chain in the fields of mineral mining, real estate development, iron and steel metallurgy and upstream and downstream entity trade. In the context of the current complex and changing industry situation, the Group adheres to the two-wheel drive strategy of "science and technology steel + innovation and low-carbon", takes "low cost production of high value-added products" as the goal, and constantly promotes the main steel industry to improve quality and efficiency, reduce costs, and adjust the product structure. In the business strategy, it actively allied with large central state-owned enterprises, built a new pattern of coordinated development, and the production and operation showed a good trend of stable and improved quality.

He said that Qian 'an Rural Commercial Bank, as one of the banking financial institutions with the widest network distribution, the largest deposit and loan scale and the most agriculture-related credit in the province, pays great attention to the development needs of local enterprises in various industries, supports the transformation and upgrading of key industries and the development of the real economy in many fields, and is the most reliable financial strategic partner of Xinda. Looking forward to the future, it is expected to continue to deepen financial business cooperation with Qian 'an Rural Commercial Bank in the "high-end, intelligent and green" fields such as industrial chain extension and equipment upgrading, achieve win-win cooperation, and jointly contribute more to the high-quality development of regional economy.

Gao Zhihong, Party secretary of Qian 'an Rural Commercial Bank, congratulated Xinda on its achievements in operation and development. Qian 'an Rural Commercial Bank has gradually grown into a core financial force supporting regional economic development by innovating financial products, optimizing its service network and strengthening internal governance, he said. Xinda is the oldest partner of Rural Commercial Bank, with a prominent position in the industry and stable business performance. The two sides have worked hand in hand for more than 30 years and achieved mutual benefit and win-win situation. As the first strategic signing unit of Qian 'an Rural Commercial Bank, the two sides should consolidate past cooperation achievements and innovate future cooperation models with the goal of "growing together, witnessing together, sharing prosperity and decline, and supporting each other". Qian 'an Rural Commercial Bank will give full play to its superior resources, take the initiative to meet the needs of enterprises, comprehensively improve the level of financial services, make greater efforts to support the development of Xinda, and create a model for bank-enterprise cooperation.

03 Signing the Agreement

Ma Xuguo, Deputy Party Secretary and President of Qian 'an Rural Commercial Bank, Wang Songwei, Vice chairman of Hebei Xinda Group and Chairman of Hebei Xinda Iron and Steel Group Co., Ltd. signed the strategic cooperation agreement on behalf of the two sides.

04 Visit

The leaders of Qian 'an Rural Commercial Bank visited the corporate culture exhibition hall of Wangfu Building, Hebei Xinda Steel Rolling General Plant and ironmaking plant, and Hebei Rongxin Steelmaking Plant, and spoke highly of the group's scale, management, technology and efficiency, and expressed sincere pride.

Gather many trees square into the building, the united forces square into great undertakings. The strategic cooperation between Hebei Xinda Group and Qian 'an Rural Commercial Bank is not only the connection of capital chain, but also the deep integration of innovation chain, industrial chain and policy chain. In the future, Hebei Xinda Group will work with many financial partners to strengthen the allocation of financial resources in key areas and major strategies, focus on scientific and technological innovation, green development, transformation and upgrading, and plan and implement key projects in line with national industrial policies, high scientific and technological content, and broad market prospects. Accelerate the construction of a modern industrial system of high-end extension of the main steel industry, chain improvement of the steel industry, and the formation of emerging industrial clusters with financial power, continue to write a new glory of win-win cooperation between banks and enterprises, and contribute more to regional economic development!