April 7, HBIS Chairman Liu Jian met POSCO Holdings CEO ChangIn-hwa in Sydney, Australia, discussed to deepen comprehensive strategic cooperation to made effort in the development of world steel industry.

Liu Jian said, HBIS pays high attention in the cooperation with POSCO. Under the both effort, the joint venture in automobile operating sound and succeed has made the partnership to a new stage . Now China automobile industry has taken a deepen and faster progress, POSCO and HBIS own the common creative market philosophy and strategy, and intelligentialize is one of the most important trends of steel industry, and both sides has share the same understanding in AI use, modules building, so join hand to achieve mutual progress is the same direction for both. Looking forward, both could further enhance the common vision, and make full effort to support the joint venture sound operation. Beside that, to explore more collaborative space in information sharing, technology communication, market expanding, then to contribute more for global steel industry evolution.

ChangIn-hwa said, POSCO and HBIS had always maintain a sound cooperation, the joint venture in automobile achieved significant fruit. In front with the changing of China automobile industry, both even needed deeper communication to get practical measures, and fully leveraged the production advantages from POSCO and sales strength from HBIS, to further concrete the competitiveness in market, to ensure to reach the operation expectation. POSCO is promoting AI use and intelligence manufacturing transit to support output volume and quality improvement, which is highly concerted with HBIS development strategy, he expected both could continue the sound communication pattern and fully played advantages and resources respectively to explore more cooperative paths to expand market so that achieve a good cooperation in mutual benefit.

HBIS supervisor, HBIS International Trade executives, POSCO Holding HQ and International Cooperation Department executives were also in the meeting.