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MCC Chairman Visits Sinochem in Xiong'an for Strategic Talks

Published: Updated: By 24TopNews Editorial Desk

Li Zhongze, chairman of Metallurgical Corporation of China (MCC), met with Jiao Jian, president of Sinochem Holdings, in Xiong'an New Area on September 2 to discuss deepening strategic cooperation. The two sides agreed to expand collaboration in petrochemical engineering, mining resource development, and urban renewal, and to establish a regular top-level communication mechanism.

On the afternoon of September 2, Li Zhongze, Party Secretary and Chairman of Metallurgical Corporation of China (MCC), visited Xiong'an New Area to meet with Jiao Jian, Deputy Party Secretary, Director and President of Sinochem Holdings. The two sides held in-depth discussions on deepening strategic cooperation, expanding cooperation areas, and strengthening complementary advantages.

Li Zhongze stated that MCC is willing to leverage its comprehensive advantages across the entire industrial chain and work with Sinochem to establish a regular "top-to-top" communication mechanism, broadening cooperation in petrochemical engineering, mining resource development and operation, and urban renewal. Jiao Jian expressed hope that the meeting would serve as a new starting point to consolidate existing engineering construction cooperation, further explore all-round collaboration in industrial synergy, mineral development, and urban renewal, and create replicable and scalable cooperation models to achieve resource connectivity and complementary advantages.

24TOPNEWS IMPACT INTELLIGENCE

Why this event matters

The event has a measured impact on 4 industrys. The strongest current signal is positive for Rail Equipment, with intensity 40/100 and 60% confidence over a medium term horizon.

Manufacturing · 6.9

Rail Equipment

Direction
positive
Intensity
40
Confidence
60%
Horizon
Medium term
Effective impact +13
Energy · 1.4

Refining & Petrochemicals

Direction
positive
Intensity
35
Confidence
55%
Horizon
Medium term
Effective impact +11
Mining & Resources · 2.3

Base Metals

Direction
positive
Intensity
30
Confidence
50%
Horizon
Medium term
Effective impact +8
Construction & Real Estate · 7.1

Residential Development

Direction
positive
Intensity
25
Confidence
50%
Horizon
Medium term
Effective impact +7

Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.