Recently, CIE signed an EPC contract for closed renovation of stock yard of ironworks of Hunan Valin LY Iron & Steel Co., Ltd. (hereinafter referred to as "Valin LY Steel"). This is another EPC contract for large-scale comprehensive stock yard signed by CIE following the EPC contract for reconstruction of stock yard of PXSteel, comprehensive stock yard of KISC, and comprehensive stock yard of Valin LY Steel.

This is a key project for green transformation and upgrading of stock yard of the existing ironworks based on the concept of circular economy and green development in response to the national call for "green steel" and to meet the national policy of "ultra-low emissions, and carbon peaking and carbon neutrality".