Stock Code : 600153.SH

RESOURCE-SHARING,
BEING PROFESSIONAL,
VALUE-CREATING

Xiamen C&D Inc. Stock Code: 600153.SH

Stock Code: 600153.SH

News

C&D Steel & Iron Group Selected as One of the Excellent Cases of Global Supply Chain Management by CFLP

Date: 2022-12-16 | Source：C&D Inc.

Recently, the China Federation of Logistics & Purchasing (CFLP) announced the 2022 List of Excellent Cases of Enterprise Supply Chain Management. C&D Steel & Iron Group of C&D Inc. (600153.SH) (hereinafter referred to as "C&D Steel & Iron Group") was successfully selected as an Excellent Case of Global Supply Chain thanks to its "in-depth participation in domestic-international dual circulation and active construction of the global supply chain".

"Internationalization" is one of the core development strategies of C&D Steel & Iron Group. The goal of "going global" lies in getting better connected with the global steel industry's high-quality resources and provide full-link integrated supply chain services for customers worldwide. In terms of globalization, C&D Steel & Iron Group insists on continuing the market strategy of "from close to far away", and has consecutively opened subsidiaries and offices in more than 20 countries and regions, extending from the Southeast Asian to global markets.

C&D Steel & Iron Group has integrated its five resources of logistics, information, finance, commodities, and market by virtue of the layout of its global network, as well as its industry-leading risk control system and professional operation team. In addition, C&D Steel & Iron Group has abandoned traditional trade game-theory concept and is actively engaged in the dual circulation development pattern, which will develop domestic and foreign markets, provide LIFT global supply chain service for upstream and downstream customers involved with the steel industry chain in more than 100 countries and regions overseas, and help them to reduce costs and increase efficiency. This will not only ensure the speed and safety of the steel supply chain business but will also improve its flexibility and resilience.

C&D Steel & Iron Group has taken the initiative to plan and arrange its global market, improve and enhance the standards of the steel supply chain operation, fulfill and practice national goals of carbon peak and carbon neutrality, and proactively adapt to the development trend of global green supply chain. By empowering domestic steel production capacity to go global, the Group promotes the smooth overseas commissioning and operation of steel projects that are in line with the concept of carbon neutrality and sustainable development, and cooperates with global customers to advance the green and low-carbon development of the steel industry.

Going forward, C&D Steel & Iron Group will further pursue the goal of "going global", continue to actively integrate into the new development pattern of dual circulation, and carry on the Belt and Road Initiative, RCEP agreement, and other agreements. In doing so, it will plan and arrange its international market, contributing to the unimpeded interconnectedness of domestic and overseas markets and the prosperity of the global steel industry.
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