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Baowu Special Metallurgical and China Nuclear Construction signed a strategic cooperation framework agreement

May. 31, 2019

Recently, Baowu Special Metallurgy Co., Ltd. and China Nuclear Construction Nuclear Fuel Components Co., Ltd. jointly signed the "Strategy Cooperation Framework Agreement for the Development and Application of GH4169 Strip for Nuclear Component Manufacturing" in Yibin, Sichuan. The two parties will manufacture technology and material quality in GH4169 strip. We will continue to cooperate in ensuring the level of localization of nuclear fuel raw materials in China and make greater contributions to China's nuclear power.

Baowu Special Metallurgical and China Nuclear Construction signed a strategic cooperation framework agreement

China Nuclear Construction is China's largest PWR nuclear fuel component production base and representative enterprise. It is also a key enterprise of China's nuclear industry system, and has made important contributions to China's national defense modernization construction and national nuclear power industry development. Baowu Special Metallurgy and China Nuclear Construction have a long history of friendly cooperation and have been helping the China Nuclear Construction to improve the localization level and product quality of nuclear fuel raw materials.


Baowu Special Metallurgical and China Nuclear Construction signed a strategic cooperation framework agreement


On the basis of full communication and communication on relevant technical and commercial issues in the early stage, the two parties signed a special strategic cooperation framework agreement based on the principle of "advantageous integration, mutual benefit and win-win development", aiming at the GH4169 belt for nuclear component manufacturing. The material relies on the passive situation of import and domestic supply difficulties, further enhances the independent development and supporting capacity of key raw materials for nuclear component manufacturing, and accelerates the realization of the comprehensive localization strategy of key raw materials for core component manufacturing.


Baowu Special Metallurgical and China Nuclear Construction signed a strategic cooperation framework agreement


Li Yongdong, deputy general manager of Baowu Special Metallurgy Co., Ltd. and Sun Shumin, chief accountant of China Nuclear Construction Corporation, signed the agreement on behalf of both parties.


During the exchange, Li Yongdong expressed his heartfelt gratitude for the recognition of Baowu Special Metallurgical Products in the medium-term nuclear construction and introduced the reform process of Baowu Special Metallurgy and the follow-up key development direction. Li Yongdong said that Baowu Special Metallurgy will take the responsibility of taking national key strategic products as its mission, vigorously strengthen extensive cooperation with China Nuclear Construction, and jointly develop and produce GH4169 strip and grid spring strip for nuclear component manufacturing. It is committed to meeting or exceeding the level of the same type of products of advanced foreign enterprises, promoting the common development of the supply chain of the industrial chain, and achieving mutual benefit and win-win.


Sun Shumin said that Baowu Special Metallurgy and China Nuclear Construction as a state-owned enterprise have a glorious and glorious history and shoulder the heavy responsibility of the mission. The rapid development of China Nuclear Construction in recent years is inseparable from the stable supply and full support of Baowu Special Metallurgy. Since the first phase of Qinshan, the two sides have cooperated for more than 30 years. China Nuclear Construction has supplied 15,000 sets of fuel assemblies to nuclear power plants. No problems have been found due to raw materials. This is the result of the joint efforts of both parties. The signing of this strategic agreement is an affirmation and summary of the cooperation work of the two sides for more than 30 years. I hope that the two sides will continue to strengthen in-depth cooperation in the future.


After the signing ceremony, Li Yongdong and his entourage also visited the China Nuclear Construction Exhibition Hall and the nuclear fuel component manufacturing workshop to learn more about the development of China Nuclear Construction and the manufacturing process of nuclear fuel components.

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