Tianjin HuaYe Tanggang steel plate processing Co.,Ltd. is joint venture.which invested by Tanggang joint-stock company and
the Shanghai HuaYe steel & iron group together.The Tanggang joint-stock company is one of the biggest high-quality steel
production enterprises in domestic, with yearly production of over 10 million tons of the steel, becomes the first-class
enterprise which break through multimillion tons of iron and steel output in Hebei Province,advances into the domestic multimillion
ton big steel company ranks.
At present the Tang steel overall technology installment, the product structure are in the domestic advanced level. The
establish of Tianjin HuaYe Tanggang steel plate processing Co.,Ltd has conformed to the current market environment and the
profession development tendency, that mean a new phase in Tang Gang, Huaye development history . These Two large-scale group
which have each multitudinous superiority will to tie up together and fight side-by-side, pushes the Tang steel product
to the market together,it will promote the Tang steel product in China and even the world market share, realise the mutual
benefit and win-win. The establishment of Joint venture also fully showed the Huaye group and Tang Gang multitudinous superiority
(including management, resources information, market network, brand, production and processing technology superiority),
together to make perfect domestic leading processing and retaie system and Huaye H-MART steel products big supermarket supply
chain system . The establishment of joint-venture bring the economic efficiency to both sides and create good social efficiency.
The establishment of Joint venture is in the model in line, will learned by many enterprises, has the infinite vitality.
The establishment of Joint venture's symbolized the bilateral cooperation constructed the steel and iron industry supply
chain system together, the structure had the formidable vitality, realize the strategic alliance of "mutually depends
on for existence, the equality and mutual benefit, the cooperation altogether won", manifested the maximum bilateral
value.
 Minmetals Steel Co., Ltd (“minmetals”),
formerly the steel import headquarter of Minmetals Company was established in Jan. 1997, approved by National Ministry of
Foreign Trade and Economic Cooperation and other relevant departments. In May 1997, Minmetals Steel Co. Ltd. entered into
Minmetals Development Co., Ltd as excellent assets. Over 50 years, it has imported various steel products of most need in
China, amounting to 181 million tons, making a great contribution to China’s modernization building. In 2005, its steel
import volume was 2.64 million tons, totaling US$2.93 billion and its domestic steel trading volume was 7.10 million tons,
worth of US$350 million, both ranking No.1 among steel importers and domestic traders in China.
The long terms cooperation between Minmetals and Huaye, reflects the strength and honesty of both party and advantages of
each other. At present, with the industry-wide trend of increasing joint reorganization of steel enterprises, the iron and
steel circulating enterprises is bound to an even greater threat, and market environment and space to operate become more
narrow. To shake off the current market difficulties, iron and steel enterprises should also implement powerful alliances.
In accordance with the principles of equality and mutual benefit, Minmetals and Huaye agreed to establish a closer strategic
partnership based on the understanding, friendship and mutual respect.
The cooperation between Minmetals and Huaye reflects the comprehensive development demand of both parties, gives full play
to individual business advantages, i. e. steel business advantage of Minmetals and H-mart networking advantage of Huaye,
integrates advantageous resources in domestic and foreign markets. By establishing closer strategic cooperative partnership,
core compatibility of both parties can be enhanced, then more satisfactory economic benefits can be got as well as better
social benefits are created. By cooperation, annual sales by Huaye processing and distributing centers amount to 10,000,000
tons of steel.
The cooperation between Minmetals and Huaye, Reflects the broad-mindedness and vision of the leadership of both sides, and
foresight to build a harmonious steel processing and distributing industry.
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