Jointly Explore New Opportunities in The Southeast Asian Market!

On December 4, the strategic cooperation signing ceremony between Baosteel Packaging and Thailand's Carabao Group was held at the Baoshan Hotel in Shanghai, marking a new stage in business synergy and supply chain collaboration between the two parties in Southeast Asia.

This cooperation relies on Baosteel Packaging's existing production network in Vietnam, Cambodia, Malaysia, and other regions, combined with Carabao Group's strong brand channel resources, which will further enhance both parties' localized service capabilities and coordination efficiency in the Southeast Asian market. As an important force in China Baowu's new materials industrial sector, Baosteel Packaging continuously promotes Chinese intelligent manufacturing standards and management experience overseas through a localization strategy of "first connect, then integrate."

Baosteel Packaging stated that this cooperation is an important move in deepening its internationalization strategy and implementing China Baowu's "Internationalization & Collaboration" strategy. Leveraging its advantages in can-making technology, regional production capacity layout, and supply chain coordination, Baosteel Packaging will form a strong partnership with Carabao Group in Thailand and surrounding markets, jointly seizing growth opportunities in the Southeast Asian metal packaging market.

Carabao Group expressed that, as a leading brand in the Southeast Asian functional beverage market, it places high value on deep cooperation with Baosteel Packaging. It believes that relying on Baosteel Packaging's technological strength and regional layout, the two sides will jointly enhance supply chain efficiency and market competitiveness.

Looking ahead to the 15th Five-Year Plan, Baosteel Packaging will take this cooperation as a new starting point to accelerate the construction of a broader and more responsive regional supply chain system, injecting new momentum into China Baowu's goal of building a world-class enterprise, while also setting a new benchmark for industrial cooperation between China and Thailand, as well as China and ASEAN.