Recently, CIE signed the contract for the 2X360m2 sintering and 1.8 million tons of pelletizing project of Hoa Phat Dung Quat Steel Joint Stock Company (Phase II) and cooperated with Vietnam Hoa Phat Group again for the general contracting project after signed the contract for the Transformation Project (Phase I) for 2X360m2 Sintering Supporting Flue Gas Denitration of Vietnam Hoa Phat last year. This project is a complete long-process production line, and its capacity is proposed to be increased from 8 million tons in Phase I to 14 million tons, of which the sintering pellet unit covers the complete process flow from raw material receiving to finished ore output.

The signing of the two projects demonstrates the strategic achievements and comprehensive strength of CIE in its continuous efforts to expand overseas markets. CIE continues to operate large-scale projects under the "Belt and Road" initiative and develops towards a more high-end, green and localized direction, accumulating stronger momentum for further consolidating customer relations, developing cooperation opportunities and driving local and surrounding markets.