en.Wedoany.com Reported - China Baowu and Dongfeng Motor officially signed the fourth round of deepened strategic cooperation agreement on July 16, and inaugurated the Advanced Materials Joint Innovation Center. Based on a long-term and stable cooperative relationship, the two central state-owned enterprises will comprehensively upgrade their collaborative layout in areas such as technological innovation, industrial chain and supply chain, and automotive products and services, leveraging cross-industry synergy to support the safe, green, and innovative development of the automotive industry.
Hu Wangming, Party Secretary and Chairman of Baowu; Hou Angui, General Manager and Deputy Party Secretary; Yang Qing, Chairman and Party Secretary of Dongfeng Motor; and Feng Changjun, General Manager and Deputy Party Secretary of Dongfeng Motor, attended the signing ceremony and witnessed the agreement. Gao Jianbing, Member of the Standing Committee and Vice President of Baowu, and Huang Yong, Vice President and Member of the Standing Committee of Dongfeng Motor, signed the agreement on behalf of both parties.
Wu Jun, Member of the Standing Committee and Vice President of Baosteel, and Secretary of the Party Committee and President of the Central Research Institute, together with Zhan Xin, President of Dongfeng Motor's R&D Institute, jointly inaugurated the Advanced Materials Joint Innovation Center.
Baowu and Dongfeng Motor have established a stable strategic cooperative relationship spanning over two decades, achieving fruitful results in areas such as scientific research breakthroughs, transformation of scientific achievements, vehicle model collaboration, parts development, diversified development, production-sales linkage, and joint Party building. During the "14th Five-Year Plan" period, the two parties successfully tackled six "bottleneck" technologies in the field of technological innovation, developed 11 advanced material process technology shelves, and achieved large-scale application of new materials such as high-strength lightweight steel, effectively reducing vehicle weight, realizing cost reduction and performance optimization from the design source, and laying a solid material foundation for the core competitiveness of "Dongfeng-made" products.
In the field of industrial chain and supply chain, as Dongfeng Motor's largest strategic steel supplier, Baowu supplied over 5.3 million tons of steel to Dongfeng Motor cumulatively during the "14th Five-Year Plan" period, accounting for more than 50% of the total supply share, with a share of over 80% in the passenger vehicle segment, establishing a stable, efficient, and resilient raw material supply guarantee system. Focusing on green and low-carbon development, the two parties have extensively expanded cooperation in the new energy field. Dongfeng Motor's electric drive products extensively use Baowu's non-oriented silicon steel, and steel lightweight battery packs have entered the batch transition phase; the application of green steel has achieved large-scale breakthroughs, helping Dongfeng Motor achieve its full lifecycle carbon reduction goals.
In the future, both parties will continue to deepen cooperation in areas such as technological innovation, industrial chain and supply chain, and automotive products and services, jointly building a collaborative, innovative, and more resilient production and supply chain ecosystem, accelerating the implementation of the "East Wind Rises 2030" plan, and working together to create a technology-driven, internationalized, and youthful new Dongfeng.
