Xingcheng Special Steel signed a strategic cooperation agreement with NGC Gears

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May 25,2016

Xingcheng Special Steel Co., Ltd signed a strategic cooperation agreement with NGC Gears Group on May 9, 2016. Qian Gang, President of CITIC Pacific Special Steel Group and General Manager of Xingcheng Special Steel Co., Ltd, signed a strategic cooperation framework agreement with Gou Jianhui, Managing Director of NGC Gears Group. The two sides also signed a cooperation agreement and a technical agreement for cooperation in the raw materials supply for core parts in wind power sector. "The agreement between the two sides is signed based on many years of friendship and cooperation. We hope that both sides can jointly explore higher level of cooperation in the future, and support each other for common development and mutual benefit," Qian said at the signing ceremony. NGC Gears, a subsidiary of Nanjing High Accurate Drive Equipment Manufacturing Group Co., Ltd. (NGC Group), is an expert in gearbox and power transmission solutions in the globe.

(CBCC)

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