# XCMG and Baosteel sign strategic cooperation agreement

XCMG Group and Baosteel Group signed a strategic cooperation agreement on August 5, 2023, to collaborate on high-end green mining equipment, intelligent mining, and other areas.

- Type: Partnership
- Announced: 2023-08-18
- Where: China
- Status: announced
- Products: green mining equipment, rare earth steel products
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [XCMG](https://endata.com/companies/15137.md) (partner)
- [Baosteel](https://endata.com/companies/45744.md) (partner)

## Sources

- [chinaspv.com](https://www.chinaspv.com/news/2023/5626.html), 2023-08-18: "XCMG Group and Baosteel Group held a ceremony to sign a strategic cooperation agreement, marking a new comprehensive and in-depth stage in their strategic partnership."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.