Core Viewpoint - China Baowu and China Everbright Group signed a new strategic cooperation framework agreement to deepen financial and industrial collaboration, aiming for mutual benefits and high-quality development [1][3][9]. Group 1 - The signing took place on January 29, with key leaders from both companies, including China Baowu's Chairman Hu Wangming and Everbright Group's Chairman Wu Lijun, participating in discussions [1][7]. - Both companies reviewed their successful cooperation since the initial agreement in 2020, highlighting fruitful outcomes across various fields [3][9]. - The new agreement is seen as an opportunity to further enhance strategic cooperation, expand collaboration areas, and support industrial transformation and upgrading [3][9]. Group 2 - The signing was represented by China Baowu's Chief Accountant Li Lina and Everbright Group's Vice President Hong Bo, with other relevant department heads and subsidiary leaders in attendance [4][10].