In the conference room 101 of Tianguan Administrative Office Building, the two parties had a warm and friendly conversation. General Manager Mr.Ding Hua extended a warm welcome to the visit of Mr. Wei and his delegation, and thanked the SDM team for their support to Tianguan all the time. Mr. Ding introduced the current situation of the enterprise and the industry faced by Tianguan, and demonstrated the confidence of the CITIC team in leading Tianguan out of the difficulties. He hoped that the difficulties faced by Tianguan could be viewed from a long-term perspective and continued to strengthen cooperation with SDM. Mr.Wei introduced the business segment of SDM and the achievements in recent years to the management team of Tianguan. Mr. Wei thanked the top management of Tianguan for their trust and looked forward to more and deeper cooperation with Tianguan in the future.

Tianjin Steel Tube Manufacturing Co., Ltd., with an annual production capacity of 3.5 million tons of seamless steel tubes, is a well-known seamless steel tube manufacturer in China and abroad. Since 2019, it has successively introduced strategic investment from Shanghai Electric (Group) Corporation and CITIC Pacific Special Steel Group Co., Ltd. They have successively reached cooperation with SDM on projects such as raw material yard enclosure, electric furnace waste heat recovery, steelmaking dedusting and waste heat steam power generation, etc.