On November 30, the management agreement entrusted by Majishan Port Area, Bayi Iron and Steel Minino and Meishan Mining to on Baosteel Resources was signed in Shanghai, Xinjang and Nanjing at the same time, marking a further step for Baosteel Resources to professionally integrate the whole process of Baowu Steel bulk raw material and fuel system.Baosteel Resources. Baosteel Transportation Department, Bayi lron and steel and Meisteel signed the entrustment management agreement throuah the way of "on-site cloud sianinoSince July 2018. Baosteel Resources has successively completed the trusteeship of Zhoushan Wugang.WISCO Resources. Masteel Mining, Masteel Intemational Trade and CULines. The jpining of the three units of Majishan Port Area, Bayi lron and Steel Mining and Meishan Mining will further enhance Baosteel Resources' business scale and market position, enhance the competitiveness of China's Baowu Steel bulk raw material fuel svstem and the ability to serve the steel ecosystem, and provide more solid raw materiall system quarantee for Baowu Steel, with 100 million tons of raw materials.