In the current era of deep adjustment of the global economic pattern, the international trade situation is unpredictable. With the continuous intensification of international trade frictions, numerous trade barriers have been set up against Chinese exports, and anti-dumping and anti subsidy investigations have been frequently launched. In such a severe external environment, "going global" is no longer an option, but an inevitable trend for Chinese enterprises to break through difficulties and seek long-term development.

At the same time, the friendly relationship between China and Morocco is in a golden period of vigorous development. Many Chinese production enterprises that provide support for European and American manufacturers, such as automotive parts and new energy, have keenly captured the potential of Morocco's emerging market and settled here one after another. China's investment in Morocco is gradually becoming a new pivot for bilateral economic and trade cooperation, injecting continuous vitality into the economic development of the two countries.

Under the background of this era, the company bravely stood at the forefront, seized the historical opportunity brought by the "the Belt and Road" initiative, and decided to build a production base with an annual output of 100000 tons of bead steel wire and 100000 tons of steel cord in Morocco with foresight. At present, significant progress has been made in the construction of the first phase of the project with an annual output of 40000 tons of tire bead steel wire and 40000 tons of steel curtain wire. The provincial development and reform commission has successfully completed the filing, and relevant procedures in Morocco are also being intensively processed. According to the plan, the first phase of the project is expected to be completed and put into operation in December 2026.

After the project is fully completed and put into operation, the company's products will have more convenient channels to directly enter the European and American markets. This can not only greatly shorten transportation time, significantly reduce transportation costs, effectively expand supply capacity, but also achieve deep integration of domestic and foreign businesses, allowing the "Daye" brand to shine more brightly in the international market. At that time, the company's reputation and market share in overseas markets will be significantly enhanced, promoting the company's international development to new heights and becoming a model for Chinese enterprises in the process of internationalization.