Ann: Investor Presentation, page-31

I can't remember the specific details but there is a govt connection in control..
Either a member of the CCP or a relative of a member of the CCP.
Or a member of the local provincial govt or a relative of a member of the local provincial govt where ultimate control is with the CCP.

The main point is the cjv is not a steel producer,its a completely different business to baowu/shangdong steel and bisalloy is a proven global leading q&t supplier as confirmed by Germany and the US.etc with importantly high quality consistent quality wear and construction grade for chinese market and export market important for china as its often required to fill steel contracts..

Just like there is no comparison in the business model of bluescope steel and bisalloy.
I don't want to upset u but lets not forget bisalloy,SSAB and Thysenkrupp r the only 3 q&t certified suppliers for german grade armor plate.etc etc.I wont mention A grade but if Rienmetall wins phase 3 lynz contract i would not b surprised if bisalloy receives A grade certification.
Now where is that k9 contract.?
ps we have just exported the turrets for the Hungrarian lynx contract looking forward to some more left field contracts from Hanwha or Rheinmetall.as militaries upgrade their armored vehicles etc.