Engineering case

With the help of the highway construction project of Zhejiang Communications Engineering Group Co., Ltd. in Tajikistan, the company signed the first batch of 2164 ton steel plate supply contracts with foreign companies, and realized cross-border RMB settlement business for the first time in Tajikistan. This also adds a new model to the steel export business of Bagang.

The Tajikistan project won by Zhejiang Jiaogong is the largest contract value of Zhejiang Jiaogong's overseas independent brand highway project, and it is also the first independent brand project of Zhejiang Jiaogong in the Central Asian market. The project has a tight construction period and heavy tasks. In order to complete the project on schedule with quality and quantity guaranteed, Zhejiang Jiaogong actively selected Lianzhong company with regional advantages and product technology advantages as the steel supplier to negotiate the export of some steel plate products required for the project. Lianzhong also actively cooperated with Zhejiang handover and signed supply contracts with foreign parties. In order not to delay the customer's project progress, according to the customer's needs, the company cooperates with the sales, logistics and other units and departments to actively stock medium and heavy plates and hot-rolled coil products, and smoothly deliver the first batch of 2164 tons of steel plates to the users in Tajikistan at the fastest speed.

Affected by the international situation, customers in Central Asian countries generally have difficulties in purchasing foreign exchange, and the payment in US dollars is limited. Foreign customers use the method of RMB plus US dollars stored by the state to settle the payment for goods. Through this steel export business, the company achieved cross-border RMB settlement in Tajikistan for the first time. This steel export is not only the largest self export order of Lianzhong in Tajikistan in recent years, but also further establishes the company's brand image and improves the market share of Lianzhong products in Central Asia.