Chinasoft International Limited announced that it has recently signed a contract with MCC Baosteel Technology Service Co., Ltd. for the technology research and development of the driverless driving system for the smart scrap yard of MCC Baosteel Zhanjiang Iron and Steel. The Company will build an overall solution based on advanced technologies such as L4 autonomous driving technology, V2X technology, remote control technology, and cloud platform technology, enabling Zhanjiang Iron and Steel to realize the driverless intelligent scene of scrap steel transfer. During the "14th Five-Year Plan" period, the iron and steel industry continued to recognized intelligent equipment operation and maintenance, transparent production processes, globalized supply chain coordination, environmental protection, clean management as directions for digital transformation.

Driverless and less-manned operation has already became an important indicator to measure the level of intelligence in steel plants. The intelligent scrap yard driverless driving system will fully open up the Zhanjiang iron and steel resource utilization system platform, realize the digital operation of the whole chain of scrap steel batching transportation, and create an all-weather, full-process scrap steel batching transportation system. It realizes the integrated application of unmanned transfer vehicle, cloud platform and vehicle-road coordination technology, efficient production and reduce operating costs, and create a new benchmark for green and intelligent manufacturing in the steel industry.

This cooperation is a strong alliance between the Company and MCC Baosteel under the digital, intelligent, and green development of the iron and steel industry. It is a powerful embodiment of empowering the steel industry with artificial intelligence, autonomous driving, and V2X technology. In the future, the Company and MCC Baosteel will continue to deepen the cooperative relationship between the two parties, innovate with vision, broaden the scope of cooperation, and provide more benchmarking demonstration projects for the digital and intelligent transformation and upgrading of the steel industry.

The Company will also take this cooperation as an opportunity to provide more industrial customers with green technology innovation supply, help industries to achieve green and low-carbon transformation through technological innovation, and make greater contributions to the country's "double carbon" goal.