Unconsciously, half of 2024 has passed. Sinometal International successfully held a mid-year work summary meeting on July 8, reviewing the achievements of the first half of the year and conducting a review, and also summarizing valuable experience and making more detailed plans for the work in the second half of the year. 2024 is a year for the company to unite and strive, forge ahead, strive to overcome the adverse effects of the downward macro-economy and the unpredictable changes in the international steel market, and continuously consolidate basic management and maintain and enhance the brand. Under the correct leadership of the leadership and the hard work of colleagues from all departments, the company achieved a new breakthrough in the first half of the year, completed sales revenue of nearly 800 million yuan, and shipped more than 1,000 orders, which achieved significant growth over the same period last year!

Recently, our company officially signed an annual steel supply agreement with a large infrastructure group in a Southeast Asian country. The total contract amount reached US$12 million, covering H-beams, hot-rolled coils and other products. The order will be used for local port expansion and highway construction projects, further consolidating our company's market share in Southeast Asia.

In order to cope with international market competition, our company has joined hands with 5 high-quality domestic steel mills to launch the "Win-win Plan for the Steel Foreign Trade Industrial Chain". By integrating production, quality inspection, logistics and overseas distribution resources, we will create a digital collaborative platform from steel mills to end customers. The first phase of cooperation has covered steel mills in Shandong, Hebei and other places, and it is expected to reduce the overall export cost by 12% and shorten the delivery cycle by 10 days.

Sinometal International held the 2023 Mid-Year Recognition and Half-Year Summary Conference on July 18, 2023, reviewing the achievements in the first half of the year and commending employees who have performed outstandingly at work. The purpose of this conference is to summarize past efforts and achievements, motivate all employees to continue to forge ahead and contribute more to the development of the company.

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