China Railway Industry and Pan Gang Group signed a strategic cooperation agreement to jointly establish a high-performance materials research and development platform.

According to China Railway Industry, on March 18, China Railway Industry and Pansteel Group signed a strategic cooperation agreement. The two sides conducted in-depth discussions on jointly expanding overseas high-end markets, strengthening technical collaboration, and upgrading the strategic cooperation mechanism. They will jointly build a high-performance material research and development platform, focusing on cutting-edge directions and the deep processing of vanadium and titanium, and jointly carry out technological breakthroughs, standard setting and high-value outcome transformation around China's new demands for rail transportation and new scenarios for the marine economy, consolidating core technological advantages and cultivating new growth points.