On January 26, 2022, the company's chairman Dou Yong, general manager Zheng Hongxia, and others went to Shagang Group to have in-depth exchanges with Shagang Group's chairman Shen Bin, general manager Shi Yixin, deputy general manager Wang Ke, and other Shagang leaders, and signed a strategic cooperation agreement.

At the signing ceremony, Shen Bin, Chairman of Shagang Group, warmly welcomed the visit of Dou Yong, Chairman of Daye Group, and his delegation. He stated that Shagang Group is the largest private steel enterprise in the country, always adhering to the path of innovative development, continuously optimizing product structure, and achieving healthy development of the enterprise. Daye Group is the world's largest production base for tire bead wire and a leading enterprise in the industry. Shagang Group hopes to work together with Daye Group to achieve common progress and win-win cooperation.

The chairman of the company, Dou Yong, expressed gratitude to Shagang Group for its long-term supply of raw materials. He stated that both parties should take the signing of this cooperation as an opportunity, strictly fulfill the contract as the basis, further refine the cooperation plan, form stable supply and sales channels, facilitate the organization of production and business activities, and achieve mutual benefit and common development in cooperation.

The signing of this strategic cooperation marks an important step forward for both parties on the basis of good cooperation in the early stage, further deepening the coordinated development of the company's upstream and downstream enterprises, ensuring the stability of the company's raw material supply, and laying a solid foundation for the company to further consolidate its industry position.