In 2020, Gu Shouquan, the chairman of Zhongbo Group, was invited by Chen Dexin, the then chairman of Jiuquan Iron and Steel Co., Ltd., to visit the company and discuss cooperation on importing Mongolian iron ore and coking coal through China's Ceke Port. Chairman Gu Shouquan emphasized that Zhongbo Group has been actively involved in trading coking coal and iron ore with Mongolia for numerous years, maintaining strong connections with various stakeholders in Mongolia. As the leading production base for carbon steel and stainless steel in the northwest region, Jiugang Group requires substantial imports of minerals from Mongolia to ensure its competitiveness within the domestic market. Following extensive discussions, both parties reached a preliminary agreement to further enhance their collaboration.