Lixing Group and CITIC Pacific Special Steel Group join forces and sign strategic cooperation agreement
Release time:
Nov 12,2021
The signing ceremony of “Strategic Cooperation Framework Agreement” between Lixing Group and CITIC Pacific Special Steel Group was held on September 27, 2024 in Jiangsu Rugao Shanghai-Suzhou Science and Technology Innovation Industrial Park.

JGBR has always been a global leader in the field of rolling elements due to its outstanding performance in the industry and its spirit of continuous innovation. CITIC Pacific Special Steel, as a leading company in the special steel industry, has advanced technology, rich experience and strong resource advantages. The strategic synergy between the two sides is the seamless docking of the whole value chain of the development of high-end rolling body technology in China, and the superposition of the advantageous resources of the advanced manufacturing industry chain.

(Qian Gang, President of CITIC Pacific and Chairman of CITIC Pacific Special Steel Group)

(Mr. Luo Yuandong, Vice President of CITIC Pacific Special Steel)

(Mr. Jiang Qiao, General Manager of CITIC Pacific Special Steel Sales Corporation)
Mr. Qian Gang, President of CITIC Pacific and Chairman of CITIC Pacific Special Steel Group, Mr. Luo Yuandong, Vice President of CITIC Pacific Special Steel, Mr. Jiang Qiao, General Manager of CITIC Pacific Special Steel Sales Corporation, Mr. Zhou Yu, Chairman of China Bearing Industry Association, Mr. He Yijun, Secretary of Rugao Municipal Party Committee of the Communist Party of China (CPC), Mr. Wang Chunhua, Secretary of the CPC Rugao Municipal Committee of the Communist Party of China (CPC), Mr. Wang Chunhua, Secretary of the CPC Rugao Municipal Committee of the Communist Party of China (CPC), Mr. Rugao High-Tech District, Shanghai-Suzhou Science and Technology Innovation Park (HSTIP), as well as management team of the two parties gathered to witness the signing.

In the future, Lixing Group and CITIC Pacific Special Steel Group will carry out in-depth cooperation of the whole value chain in the field of deep-processed products and bars. For national key projects and necklace projects, the two sides will give full play to their respective advantages, promote the localization and application of the whole industrial chain, provide high-quality products for high-end equipment and key areas such as national defense and military industry, and strongly promote the independent and controllable manufacturing of China's major equipment to ensure that the whole chain of related industries is safe and controllable.

Mr. Shi Xianggui, Chairman of Lixing Group (left) and Mr. Luo Yuandong, Vice President of CITIC Pacific Special Steel (right) signed the contract on behalf of the two companies.
It is believed that with the resource synergy between the two parties and the strong support from relevant departments, it is worth looking forward to the innovation and development of the whole industrial chain of China's advanced manufacturing industry!

Mr. Shi Bo, President of Lixing Group, looks forward to the future.
Let's look forward to the fruitful results of the strategic cooperation between Lixing Group and CITIC Pacific Special Steel Group, injecting new vitality and future for the new quality productivity of the bearing industry!




(CITIC Pacific Special Steel management team visited JGBR ceramic ball plant)
Introduction of CITIC Pacific Special Steel Group
CITIC Pacific Special Steel Group Co., Ltd. is a specialized group company held by CITIC Pacific Limited, a Hong Kong-listed company under China CITIC Group. CITIC Pacific Special Steel has an annual production capacity of more than 20 million tons of special steel, process technology and equipment with the world's advanced level, is one of the world's largest special steel manufacturing group, but also China's largest high-standard bearing steel, gear steel, automotive steel, spring steel, alloy billet steel, high-precision medium-thick-wall seamless steel pipe, high alloy steel, free-cutting non-tempered steel, and other special steel production base.
More information
Stock Code:300421
Fax: 0086-513-87516774
E-mail: xwu@jgbr.cn
Address: No. 68 Xingyuan Avenue, Rugao City, Jiangsu Province, China.
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