On May 9, 2018, the opening ceremony of Tianjin Jianfa Steel Storage Co., Ltd. was held in Daqiuzhuang, Tianjin。Zhang Qinghua, general manager of Jianfa Metal，Vice General Manager Fu Guangzhou, Sun Long，General manager assistant Wu Huiming, Chang Jialong，Chief Financial Officer Sun Xiaoyu and the head of the Beijing-Tianjin-Hebei business department attended the opening ceremony，Chen Yuehua, general manager of C&D Steel Division, Zhang Hao, general manager of C&D Steel Storage and Transportation Center, Dong Xiufeng, general manager of C&D (Tianjin) Co., LTD., and some cooperative steel mills and customers were also invited to attend the opening ceremony。

(Zhang Qinghua of China Development Metal delivers a speech at the opening ceremony)

        Tianjin Jiafa Steel Storage Co., Ltd. is a wholly-owned subsidiary of Xiamen Jiafa Metal Co., LTD. It is mainly responsible for the operation and management of Tianjin Daqiuzhuang Steel self-managed warehouse project, a key layout of Jiafa Metal in the Beijing-Tianjin-Hebei region。

        Tianjin Daqiuzhuang is a gathering place for billet rolling and pipe making enterprises in North China, mainly in strip rolling, cold rolling, zinc plating and pipe making enterprises, among which the annual billet rolling volume is more than 5 million tons。Upstream billet, plate belt producing area to northeast, Inner Mongolia, Tangshan, Tianjin, Shanxi, Shandong and other places manufacturers。

        Jifa Daqiuzhuang self-managed warehouse is adjacent to Daqiuzhuang steel market, with convenient transportation. It covers an area of 74 mu and can store 300,000 tons of billet and plate belt, which makes up the blank of state-owned steel warehouse in this region。

        Jianfa Metal is committed to adding value to the steel supply chain. By integrating logistics, information, finance, commodities and market resources, it excavates potential value-added opportunities in the operation links of the supply chain, plans supply chain operation solutions and continuously provides operation services to create value-added for customers and promote the sound development of the industry。The establishment of steel self-managed warehouse is an important measure of the large-scale logistics strategy implemented by C&D Metal to accurately locate and serve key customers and better provide iron and steel supply chain integration services for upstream and downstream customers. It provides convenience and guarantee for customers to timely purchase, reduce logistics costs and daily production。

        In the past three years，C&d Metal in optimizing and strengthening the management of more than 100 contracted warehouses across the country，We have accelerated the distribution and construction of self-managed warehouses across the country，Shuyang Jianfa Steel Storage Co., LTD., Jiaxing Jianfa Steel Storage Co., LTD., Xinyu Jianfa Steel Storage Co., LTD., Cheng 'an Jianfa Steel Storage Co., LTD., Liyang Jianfa Steel Storage Co., LTD., and other six steel storage companies were established。

        The layout of steel warehouses throughout the country provides guarantee for C&D Metal to deeply cultivate steel market, effectively control cargo rights and serve customers closely, and promotes the healthy and sustainable development of C&D Metal。In 2017, the company sold more than 10 million tons of steel, with a turnover of more than 40 billion yuan, ranking No. 3 on the comprehensive list of "China's Top 100 Steel Trade Enterprises" and No. 1 on the list of sheet metal sub-products。