Angang Steel to carry out technology development project with Ansteel Beijing Research Institute
2020-12-14 16:14:47 [Print]
Angang Steel Co
. , Ltd . (Angang Steel) announced on the evening of December 11 that in order to improve the basic, cutting-edge and leading technology research and development level, and enhance the company's technological innovation leadership, the company established six technology development projects . As the company does not have the conditions for independent development, it intends to cooperate with Ansteel Beijing Research Institute to carry out the above-mentioned technology development projects . According to the technology development agreement, the company needs to pay a total of RMB77 . 78 million (USD11 . 9 million) for technology development fees to Ansteel Beijing Research Institute.