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Chairman of Baotou Steel Group Visited JASUNG to Enhance Collaboration and Conduct Joint Research

Chairman of Baotou Steel Group Visited JASUNG to Enhance Collaboration and Conduct Joint Research

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  • Time of issue:2024-05-24
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(Summary description)

Chairman of Baotou Steel Group Visited JASUNG to Enhance Collaboration and Conduct Joint Research

(Summary description)

  • Categories:news
  • Author:
  • Origin:
  • Time of issue:2024-05-24
  • Views:0
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The chairman of Baotou Steel Group visited Jiangsu Jiaxuan (JASUNG) to enhance collaboration and conduct joint research, aiming to advance the high value and high-end development of the rare earth industry.

On May 12, the party secretary and chairman of Baosteel Group, Meng Fanying, the Minister of Strategic Development (Technology Innovation Department) of Baosteel (Group) Company, Wu Minghong, the deputy secretary of the party committee and general manager of Northern Rare Earth, Qu Yedong, and the deputy secretary of the party committee and general manager of Baosteel Xichuang, Cai Hong, and other leaders visited JASUNG in Jiangsu for on-site inspections and in-depth exchanges. This visit not only demonstrates the determination of both parties to further strengthen cooperation but also unveils the blueprint for the rare earth industry chain to expand towards higher value and more high-end fields.

During the symposium, the two parties conducted in-depth discussions on how to deepen cooperation and jointly promote the upgrading of the rare earth industry chain upstream and downstream, as well as leading the consumption of rare earth infrastructure. It was unanimously agreed by both parties that they would firmly seize the favorable opportunity of the national promotion of large-scale equipment renewal to assist Northern Rare Earth in extending the chain, continuously strengthen cooperation in the field of rare earth permanent magnet motors, make good use of the policy dividend window period, unleash new production capacity, utilize new technology to develop new products, explore new markets, develop new momentum, lead the industry chain towards high value and high-end expansion, promote the high-end, intelligent, and green transformation of the industry, and make new, greater contributions to the construction of the "two rare earth bases".

The visit of Baosteel Group to JASUNG in Jiangsu, a leading enterprise in the field of rare earth permanent magnet motors, is not only a recognition of JASUNG's technological strength and market position but also an affirmation of the potential for future cooperation between the two parties. 

The tour of JASUNG's showroom

The tour of JASUNG's workshop

The tour of JASUNG's showroom and factory will extend beyond just technical research and product innovation, but will also encompass market development and brand promotion, among other aspects. Both parties will collaboratively explore new technologies and products in the field of rare earth permanent magnet motors, contributing to the construction of the "two rare earth bases".

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