Recently, Elena Dieter, President of Schaeffler's Global Automotive Bearings Division, and his delegation visited China Nanjing Iron and Steel . The two parties conducted in-depth discussions and exchanges on deepening strategic cooperation. Nanjing Iron and Steel Party Committee Secretary and Chairman Huang Yixin, and Nangang Executive Vice President Xu Xiaochun attended the discussion.

Elena Dieter said that as a leader in the manufacturing industry, Nanjing Iron & Steel Co., Ltd. has not only set an industry benchmark in China with its outstanding development concepts of high-end, intelligent and green development, but has also won wide acclaim on the international stage. As a global supplier of automotive and industrial products, Schaeffler has been adhering to a pioneering and innovative spirit for more than 70 years and is committed to promoting innovation and development in the fields of transportation and industrial manufacturing. Relying on providing innovative technologies, products and services in the fields of electric drive, low-carbon drive, chassis applications, Industry 4.0, digitalization and renewable energy, we will make transportation and industrial manufacturing more efficient, smarter and more sustainable throughout the entire life cycle. . As a technology company, Schaeffler mainly provides high-precision components and systems covering the entire powertrain and chassis applications, as well as rolling bearings and sliding bearing solutions widely used in industrial fields. In the future, we hope that both parties will strengthen cooperation in new areas, new products, and joint technologies to reduce costs, jointly promote global green and sustainable development, and contribute to creating a better world.

Huang Yixin welcomed the guests from Schaeffler. He pointed out that Schaeffler, as an outstanding multinational enterprise, continues to lead technological innovation in the automotive and industrial fields with its advanced technological strength, demonstrating the extraordinary charm of the enterprise. Facing the new trends of globalization and low-carbon development, Nanjing Iron and Steel firmly implements open innovation and globalization strategies and strives to create a globally competitive high-end product matrix. While pursuing business performance, Nan continues to expand its practices in the ESG field. In the field of automotive steel, we rely on the technical strength of five major R&D platforms and domestic and foreign material experts to jointly develop high-performance, low-carbon automotive steel products. Nan also actively explores low-carbon and zero-carbon innovative solutions to enhance the company's resilience and competitiveness. In the future, Nan will continue to delve into low-carbon technology, promote product innovation, provide Schaeffler with competitive and innovative products, and make demonstrations and contributions to modernization that promotes the harmonious coexistence of man and nature.

Accompanied by Xu Xiaochun and others, Elena Dieter and others visited Nanjing Iron and Steel Intelligent Operation Center.