On March 21, Jiangsu Province-based Chinese company Daming International Holdings signed a cooperation agreement with Guangxi Province-based stainless steel producer Chengde Group, according to which the two companies will initiate cooperation in stainless steel production, processing and supply, as announced by Daming International on March 23.
Daming International Holdings specializes in the stainless steel processing, sales and technical services. Chengde Group, on the other hand, is the largest stainless steel producer in southern China.