@Taiyuan Railway Bureau: Strategic Partner of Pengfei
Release Date:
2020-03-02

On March 1, Yan Delong, Head of the Jiexiu Railway Operations Section, and Wu Tiejun, Secretary of the Party Committee, paid a visit to Pengfei to discuss matters related to strategic cooperation. Zheng Peng, Chairman of the Board and President of Pengfei Group, along with Vice President Li Yang and other relevant personnel, attended the meeting.
At the meeting, Wu Tiejun, representing the leader of Group 2 of the Taiyuan Railway Bureau’s Marketing and Public Relations Task Force, expressed his intention to forge a deep strategic partnership with the Group.
The two parties conducted a joint discussion and analysis of the railway freight volumes for Pengfei’s products and raw materials. Yan Delong stated that the Taiyuan Railway Bureau’s primary growth drivers are coke and alumina, which require robust support from Pengfei; meanwhile, the railway operations section will provide full cooperation across all fronts to facilitate the company’s domestic transportation and overseas sales.
Chairman Zheng Peng stated that General Secretary Xi Jinping’s strategic decisions to coordinate the advancement of epidemic prevention and control with socio-economic development were extremely timely, and the policy of toll-free expressways—unprecedented in history—has played a significant role in alleviating pressure on enterprises and ensuring their stable operations.
It is believed that we, too, are committed to enhancing and maximizing value, and that our collaboration represents an opportunity for transformation. We hope to sign a strategic cooperation agreement to bolster corporate confidence. At the same time, we urge the supply-and-marketing system to act promptly and decisively, reorganize and optimize its sales channels in line with strategic development needs, and swiftly draft and conclude a framework agreement.
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