[Baosteel Packaging has reached a cooperation agreement with Carabao Group in Thailand] Shanghai - The strategic cooperation signing ceremony between China Baowu Baosteel Packaging and Thailand Carabao Group was held at Baoshan Hotel. This cooperation marks the establishment of a deep business collaboration and supply chain partnership between the two parties in Southeast Asia, jointly seizing the growth opportunities of the metal packaging market in the region. According to the cooperation agreement, both parties will fully integrate Baosteel Packaging's existing production capacity network in Southeast Asian countries such as Vietnam, Cambodia, and Malaysia with Carabao Group's strong brand channel resources. Baosteel Packaging stated that with its advanced canning technology, regional production capacity layout, and supply chain synergy advantages, it will form a strong alliance with Carabao Group in Thailand and surrounding markets to further enhance its localized service capabilities. Carabao Group, as a leading brand in the Southeast Asian functional beverage market, has long promoted globally through sports sponsorship and other means. The group stated that this cooperation will rely on Baosteel Packaging's technological strength and regional layout to jointly enhance supply chain efficiency and market competitiveness. This strategic cooperation not only strengthens Baosteel Packaging's layout in the Southeast Asian market, but also provides Carabao Group with a more stable and efficient metal packaging supply chain guarantee, demonstrating the pragmatic promotion and win-win vision of Sino Thai enterprises in regional industrial cooperation. Editor/Yang Beihua
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