On August 16, the signing ceremony of the strategic cooperation agreement between Baoti (600456) and Nonferrous Metals Technology and Economics Research Institute Co., Ltd.(hereinafter referred to as the Institute of Technology and Economics) was held in the Academic Discussion Hall on the 7th floor of Baoti Hotel. Chen Zhanqian, general manager of Baotai Co., Ltd., and Ma Cunzhen, general manager of the Institute of Technology and Economics, signed the agreement on behalf of both parties. He Shulin, deputy general manager of Baotai Group, presided over the ceremony. Tao Hailin, deputy general manager of Baotai Co., Ltd., and Zhao Yongshan, assistant general manager of the Institute of Technology and Economics, attended the ceremony.

At the ceremony, Chen Zhanqian introduced Baoti's reform and development, scientific research innovation, and talent training. Ma Cunzhen spoke highly of the development of Baotou and hoped that Baotou would continue to strengthen the construction of a scientific research talent team and better promote the development of the company. The two sides stated that they will take this signing as an opportunity to continue to strengthen cooperation in new fields, jointly lead new development in the non-ferrous metals industry, stimulate new momentum, and achieve new leaps.

Before the ceremony, Ma Cunzhen and his party also visited the Baoti Exhibition Hall and some product production lines.