Li Maojin thanked the leaders of Shagang Group for their warm reception, and introduced the basic situation of Youfa Group, especially the business scope and business model of Jiangsu Youfa Steel Pipe, Yunyou Logistics and Yunganglian. He said that Youfa Group will rely on the unique joint-stock cooperation mechanism, continuously integrate resources from all parties through cooperation, take it as its own responsibility to lead the sustainable and healthy development of the steel pipe industry, and make unremitting efforts to realize the great vision of "from tens of millions of tons to hundreds of billions of yuan, and become the first lion in the global pipe industry".

Li Maojin stressed that Shagang has been a workshop type small steel mill since the 1970s. Relying on its own hard work, it has continued to grow and become an eye-catching world top 500 enterprise, creating a myth in the history of Metallurgical Development in China, which is shocking and deeply admired. As a long-term strategic partner, Youfa Group will take Shagang Group as an example to further enhance its core competitiveness.

In addition, chairman Li Maojin said that the two sides will continue to give play to the advantages of strategic cooperation and promote better development of both sides on the premise of mutual benefit and win-win results!

Subsequently, the two sides had in-depth exchanges on the current situation of the industry, the relationship between supply and demand, the extension of the industrial chain, logistics and transportation and other issues.

After the meeting, Li Maojin and his delegation visited the thin-walled hot-rolled plate production line of Shagang Group.