YOUFA GROUP WAS INVITED TO ATTEND THE 2023 CHINA IRON AND STEEL MARKET OUTLOOK AND “MY STEEL” ANNUAL CONFERENCE

2023 China Iron and Steel Market Outlook
Annual Conference of "My Steel"

From December 29 to 30, the 2023 China Iron and Steel Market Outlook and "My Steel" Annual Conference jointly sponsored by the Metallurgical Industry Development Research Center and Shanghai Ganglian E-Commerce Co., Ltd. (My Steel Network) with the theme of "Double Track Response to New Development" was grandly held in Shanghai. A number of influential experts, well-known scholars and industry elites gathered together to make a comprehensive and multi angle in-depth analysis and interpretation of the macro environment, market trend, industry trend, etc. of the steel industry in 2023, and provide a wonderful ideological feast for the steel industry chain enterprises participating in the conference.

As one of the co organizers of the conference, Chen Guangling, General Manager of Youfa Group, was invited to attend the event and delivered a speech. He said that 2022 is a difficult year for steel workers to survive. Shrinking demand, supply shock, weakening expectation and epidemic disturbance have made the steel industry face great challenges. In the face of industry difficulties, with the determination to turn crisis into opportunity, Youfa Group has maintained its strategic focus and resolutely implemented the following core strategies: expanding scale, adding new products, long chain, focus on management, increasing direct sales, strengthening centralized purchase, improving brand, building channels and so on, and launched multi lines attacks to build a new engine to drive development.

General Manager of Youfa Group

Chen Guangling

For the development in 2023, Chen Guangling said that Youfa Group will continue to adhere to the "vertical and horizontal" dual dimension business expansion. "Horizontally" focuses on the existing steel pipe products, continues to expand new steel pipe categories through acquisition, merger, reorganization, new construction, etc., expand the layout of new domestic production bases, explore the construction of overseas production bases, and improve the market share; The "vertical" company has deeply cultivated the steel pipe industry chain, developed along the upstream and downstream of steel pipe products, increased the added value of products, improved the level of terminal service ability, comprehensively built the company brand, achieved high-quality growth of enterprise value, and finally achieved "vertical and horizontal double hundred billion", from tens of millions of tons to hundreds of billions of yuan, becoming the first lion in the global pipe industry.

At the same time, he stressed that in the face of industry difficulties, Youfa Group will give full play to "the role of the head goose". In 2023, Youfa Group will provide partners with six "worry free commitments" to develop together with them, help partners to cultivate the market, consolidate competitive advantages, win the battle of industrial terminal transformation with the best method, and achieve common growth and fly against the wind in the industry shock. His eloquent speech was strongly echoed and highly recognized by the enterprises present, and the venue broke out bursts of warm applause from time to time.

In addition, the conference also held a number of theme industry forums at the same time, such as the 2023 Construction Steel Industry Summit - Green Building Forum, 2023 Manufacturing Steel Industry Summit, 2023 Ferrous Metal Market Outlook and Strategy Summit, to focus on issues of general concern to the industry.

Explored a new future, explored a new pattern, and gathered new cognition. At this conference, the relevant teams of Youfa Group had extensive and in-depth discussions with representatives of enterprises and industry experts attending the conference. The high quality, excellent brand concept and quality service of Youfa Group's products won the unanimous praise and high recognition of the guests attending the conference. In the future, Youfa Group will deeply tap the potential of the enterprise, actively explore and innovate, and constantly add luster to the development of China's steel industry.