According to the news released by Bank of Communications on December 30, it has signed agreement and teamed up with Baosteel Group as strategic partners.

The agreement shows that Bank of Communications will offer Baosteel a credit line of CNY 50 billion to support the company key projects. The bank will also offer a basket of financial products in a one stop service for the company in Shanghai

(Sourced from www.Mysteel.net)
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