On March 21, Sinosteel Engineering & Technology Co., Ltd. (abbr. Sinosteel E&T), Shanghai Baosight Software Co., Ltd (abbr. Baosight) , andBeijing Bestpower Intercontrol Co., Ltd.(abbr. BPI) held a grand strategic cooperation signing ceremony at the BPI R&D Center, formally establishing a long-term strategic partnership. The relevant leaders of the three companies attended the signing ceremony.

Currently, the global manufacturing industry is accelerating its transformation towards digitalization, intelligence, and green development. Technological innovation and resource integration have become the core pathways for enterprises to enhance their international competitiveness. Against this backdrop, Sinosteel E&T, Baosight and BPI have reached a strategic cooperation agreement, aiming to build a strategic partnership characterized by complementary strengths, coordinated development, and mutual benefits through close collaboration among the three parties in multiple dimensions, including technology, market, and management. Together, they will address the new challenges in product market competition and seize new opportunities.

Mr. Lu Pengcheng, Party Committee Secretary and Chairman of Sinosteel E&T, stated that this cooperation is an important measure to implement the China Baowu strategy of strengthening internal collaboration and represents a strong alliance among the three parties in the field of industrial engineering and intelligent manufacturing. As a leading domestic supplier of industrial engineering technology and services, Sinosteel E&T will leverage its advantages in engineering general contracting and international market expansion, working together with Baosight and BPI to advance technological innovation and industrial upgrading. Mr. Lu pointed out that in the face of increasingly fierce global market competition, the three parties will create an efficient cooperation model through resource integration and technological collaboration, generating greater market value. He emphasized the expectation that this cooperation will enhance the global competitiveness of China's intelligent manufacturing and contribute more Chinese solutions to the global development of industrial intelligence.

Mr. Wang Jianhu, General Manager and Deputy Party Committee Secretary of Baosight, noted that as a leading enterprise in the industrial software industry, Baosight has always adhered to innovation-driven development. This strategic cooperation is an important step for the three parties to follow the global trend of digitalization and intelligence and represents an innovative collaboration in the field of industrial software. In the future, the three parties will focus on the fields of informatization, automation, and intelligence, forming a collaborative model of "joint demand research, co-creation of technology, and sharing of results," creating a synergistic effect where "1+1+1>3." This will further expand domestic and international markets, help customers achieve efficient, green, and sustainable development goals, and elevate the global development of industrial intelligence to a new level.

Mr. Zhao Shukun, Vice Chairman of Sinosteel E&T and Deputy Chairman of Beijing Bestpower Electrical Technology Ltd.(abbr. Bestpower), said that BPI, as a wholly-owned subsidiary of Bestpower in the field of industrial intelligence, has always adhered to the philosophy of "innovation-driven and customer first," continuously providing customers with leading intelligent manufacturing solutions. This strategic cooperation with Sinosteel E&T and Baosight will further strengthen the company's comprehensive advantages in technology research and development, application scenarios, and market expansion. Mr. Zhao emphasized that the cooperation will focus on technological breakthroughs and model innovation in the field of intelligent manufacturing, setting a new benchmark in this field and promoting efficient, green, and sustainable industry development. BPI will fully promote the implementation of the cooperation, working together with Sinosteel E&T and Baosight to create more competitive value solutions for customers and inject new momentum into the development of China's intelligent manufacturing industry.

Under the witness of the three teams, Mr. Hua Guanglin, Executive Deputy General Manager of Sinosteel E&T, Mr. Yu Bingdong, Deputy General Manager of Baosight, and Ms. Wang Huiqing, General Manager of BPI, signed the strategic cooperation agreement.

In the context of profound changes in the global economic landscape, the strategic cooperation among Sinosteel E&T, Baosight, and BPI will have a far-reaching impact on the industry and marks an important step for BPI in the field of intelligent manufacturing and digitalization. The company will use this opportunity to further deepen technological innovation and enhance its core competitiveness in digital industry and low-carbon metallurgy. Relying on the resource advantages of Sinosteel E&T and Baosight, it will accelerate market expansion, promote the implementation of more high-quality projects, help customers achieve efficient, green, and sustainable development goals, and contribute more Chinese strength to the global development of industrial intelligence.