On December 2, Sunward Intelligent Chairman Fu Xiangdong led a delegation to visit China Minmetals Corporation (hereinafter referred to as China Minmetals). Vice General Manager Long Jucai, Senior Advisor for High-end Marketing Mao Yueliang, heads of relevant business divisions and others accompanied the visit. Tian Wei, Member of the Party Leadership Group and Chief Accountant of China Minmetals, Cheng Dongbo, Director of the Safety and Environmental Protection Department, Zhang Hongjin, Director of the Supply Chain Management Department, Wang Chengsi, Deputy Director of the Strategic Development Department, Wang Sheng, Deputy Director of the Science and Technology Management Department, Zhu Jiping, Director of the Supply Chain Supplier and Customer Management Division, and others attended the exchange event.

At the exchange meeting, Tian Wei extended a warm welcome to Fu Xiangdong and his delegation and introduced the basic situation of China Minmetals. As a global industrial-chain metal mining group, China Minmetals is committed to leading transformational development through innovation in the supply chain service model and to advancing the modernization of supply chain governance. It has a mature supply chain management system and owns 19 design institutes, capable of providing full-package services to the global industry from construction to mining, processing and smelting. Regarding the mining projects under China Minmetals that will soon be launched, Tian Wei expressed the hope that Sunward Intelligent will actively participate, leverage its own advantages, pursue mutual benefit, and that the two sides will establish a closer and longer-lasting cooperative relationship to achieve common high-quality and diversified development.

Fu Xiangdong expressed gratitude to China Minmetals for its warm reception and for the support and trust given during the cooperation in recent years. Fu Xiangdong stated that the gap between domestic equipment and the world's advanced equipment is continuously narrowing, and he thanked central and state-owned enterprises for their guidance and support of domestic equipment. China Minmetals is broad-minded, and Sunward Intelligent is determined to catch up with and surpass the advanced giants, with equipment enterprises following suit in complete sets and actively keeping pace, so as to provide high-quality service guarantees for China Minmetals' global layout.

Sunward Intelligent and China Minmetals share a deep cooperative history dating back to the 1980s, when the test site for rock drilling equipment led and developed by Professor He Qinghua, founder of Sunward Intelligent, was located at the Shizhuyuan Mining Company under China Minmetals. In May this year, Sunward Intelligent signed a strategic cooperation framework agreement with China Tungsten and Hightech Materials, a listed enterprise under China Minmetals, to carry out in-depth cooperation in areas such as intelligent mine construction and the application of cemented carbide products.

Founded in 1950, China Minmetals is a key state-owned enterprise directly managed by the central government with metal minerals as its core business, and a pilot enterprise for state-owned capital investment companies. It has a business system of "four beams and eight pillars," with metal minerals, metallurgical construction, trade and logistics, and finance and real estate as the "four beams," and mineral development, metal materials, new energy materials, metallurgical engineering, capital construction, trade and logistics, financial services, and real estate development as the "eight pillars." As of the end of 2023, China Minmetals had total assets exceeding 1.1 trillion yuan, owned 8 listed companies, and ranked 69th on the Fortune Global 500.