On November 30, the management agreement entrusted by Maishan Port Area. Bavi lron and Steel Mining and Meishan Mining to on Baosteel Resources was signed in Shanghai. Xiniang and Naning 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 systemBaosteel Resources. Baosteel Transportation Department. Bavi lron and steel and Meisteel sianed the ertrustment management agreement through the way of "on-site cloud signino"Since July 2018, Baosteel Resources has successively completed the trusteeship of Zhoushan Wugang WISCO Resources. Masteel Minina. Masteel Intemational Trade and CULines. The ioining of the three units of Mailishan Port Area. Bavi lron and Steel Mining and Meishan Minina will further enhance Baosteell Resources' business scale and market position. enhance the competitiveness of China's Baowu Steel buk raw material fuel svstem and the ability to serve the steel ecosvstem. and provide more solid raw materia system guarantee for Baowu Steel, with 100 million tons of raw materials.