Core Viewpoint - The article discusses the collaboration between 找钢集团 (Zhaogang Group) and 托克集团 (Trafigura Group) to establish a joint venture, 宗金汇 (Zongjin Hui), aimed at creating a comprehensive e-commerce platform for non-ferrous metals, leveraging AI technology and extensive industry resources [2][3][12]. Group 1: Joint Venture and Market Potential - 找钢集团 has signed a joint venture agreement with Lykos Holding Hong Kong Limited, investing 45 million yuan to establish 宗金汇, where it will hold an 8.57% stake [2]. - The collaboration aims to build a full-category e-commerce platform for non-ferrous metals, addressing the growing demand from customers who also have steel procurement needs [3][6]. - The non-ferrous metal market in China has surpassed 2 trillion yuan in 2023, with a projected production of 7.919 million tons for ten types of non-ferrous metals in 2024, reflecting a year-on-year growth of 3.4% [10]. Group 2: Technology and AI Integration - 找钢集团's AI infrastructure, developed from its steel trading platform, is expected to enhance cross-category capabilities, facilitating efficient transactions in the non-ferrous metals sector [7][8]. - The company has launched a B2B trading SaaS tool, "腾采通," which utilizes AI technology to analyze over 6.73 million business opportunities daily, covering more than 11 million SKUs and facilitating over 100 million transaction matches [7]. - The AI-driven solutions are designed to improve operational efficiency, with AI agents achieving over 95% accuracy in matching inventory and responding to quotes, significantly enhancing transaction efficiency [7]. Group 3: Industry Challenges and Solutions - The non-ferrous metals market faces challenges such as low online penetration (5% compared to over 20% for black metals), inefficiencies in traditional trading models, and high financing costs for small and medium enterprises [11]. - The joint venture aims to address these pain points by providing comprehensive services, including intelligent pricing, B2B payment solutions, and supply chain management, thereby enhancing operational efficiency for businesses in the sector [14][15]. - 宗金汇's development strategy includes leveraging托克's self-operated resources and integrating 找钢's infrastructure to enhance service capabilities for small clients and create a complete industry chain [16].