Words from the CEO

I extend my heartfelt gratitude to all our friends who have supported the development of Comprehensive Insurance Group.

After several generations of relentless efforts, particularly since the Tenth Five-Year Plan, we have witnessed transformative changes 

through the successful execution of two rounds of large-scale transnational trade.  Our primary multinational management framework 

and equipment have achieved a first-class standard, and our capacity for importing and exporting 20 million tons has steadily improved.  

The iron ore raw material trade utilizing 'plates, steel, wire, wheels, and tires' has established a distinctive competitive edge.  

The harmonious growth of non-steel industries has provided a robust foundation for further transformation, upgrading, and scientific advancement.

As we embark on this new journey with renewed mission!  In light of the increasingly pressing challenges posed by domestic overcapacity and

product homogenization competition, we will vigorously promote the spirit of 'pioneering innovation.

We are committed to steadfastly implementing three strategic missions: strengthening our core mineral import-export industry;  

developing non-steel sectors;  and enhancing our modern enterprise system. Zongbao  aims to capture market share through diversity and quality 

while winning customers with exceptional service.  We will drive progress through transformation and upgrading as we strive to cultivate an innovative 

culture in science and technology at Masteel that is environmentally sustainable—ultimately contributing more significantly to shareholders, customers, 

employees, and society.

We sincerely look forward to collaborating with both old and new friends in creating a brighter future together!

Chris.Cui

CEO