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 Media Releases on BHS

1. On July 15, China Metallurgical News on the front page reported the official establishment of BHS. Li Ruihuan, former chairman of Chinese People's Political Consultative Conference, wrote an inscription for its establishment: “Develop Strengths and Make Ceaseless Development and Innovation”.
 
2. On July 24, 2010, China Metallurgical News on the front page reported that eight banks including Bank of China, China Construction Bank, China Merchants Bank, Bank of Tianjin, Bank of Shanghai, Industrial Bank Co., Ltd., China Citic Bank and Hua Xia Bank extended credits to BHS amounting up to 100 billion Yuan. It was the first time in Tianjin that one enterprise group established strategic cooperation with many banks at one time with the maximum line of credit.
 
3. On December 23, 2012, China Metallurgical News on the front page reported that BHS signed the strategic cooperation agreement with China Metallurgical News, establishing a new news-enterprise cooperation relationship.
 
4. On June 15, 2013, China Metallurgical News on the front page reported that BHS held the meeting of leading cadres and implemented the principle of Tianjin Municipal Party Committee and Tianjin Municipal Government on incorporating the management of asset, personnel and affairs into corporate restructuring, marking a substantial progress of BHS’ restructuring.
 
5. On March 25, 2014, China Metallurgical News on the front page reported that to face up to the current complicated market, BHS continued to deepen its reform, conduct in-depth benchmarking, develop fully its advantages and speed up development.
 
6. On December 4, 2010, Tianjin Daily on the front page reported the conclusion of the cooperative joint venture contract between BHS and China Guodian Corporation. They would work together to invest in and develop the wind power project in Dagang of Binhai New Area to further increase the occupation of steel products in the wind power market.
 
7. On December 17, 2010, Tianjin Daily on the front page reported the conclusion of the strategic cooperation agreement between BHS and China MCC20 Group Corp. LTD which would jointly develop the intensive processing projects of metallurgical products in Tianjin, create high-end selective products and build up a good brand image, so as to construct the largest high-end equipment structure manufacturing enterprise in North China.
 
8. On May 13, 2011, Tianjin Daily on the front page reported that while extending the steel industry chain and giving prominence to the principal (steel) industry, BHS would further develop its advantage in group-based capital operation, seek for new breakthroughs in combining industrial capital and financial capital, establishing the capital operation platform and undertaking investment and financing businesses. It signed a “close-type” strategic cooperation agreement with Tianjin Trust Co., LTD, marking an important step toward integrating industry and finance and intensifying the management of capital operation.
 
9. On July 12, 2013, Tianjin Daily on the front page reported that Huang Xingguo, deputy secretary of Tianjin Municipal Party Committee and mayor of Tianjin Municipal Government, was present at the signing ceremony of the comprehensive strategic cooperation agreement between BHS and Bank of China. Bank of Chin shall extend BHS an overall credit line totaling 30 billion Yuan.
 
10. On April 20, 2014, Tianjin Daily on the second page reported that BHS actively promoted clean production and green production and comprehensively practiced energy conservation and emission reduction. BHS held firm awareness of overall situation and responsibility and reckoned environmental protection as the “moral baseline” to perform social responsibilities, the “legal redline” to undertake lawful businesses and the “lifeline” to ensure survival and development.