Brief introduction of Xinyu Iron and Steel Co., Ltd.

Xinyu Iron and Steel Group Co., Ltd. (hereinafter referred to as Xingang Company) is located in Xinyu City, Jiangxi Province. It is a large state-owned iron and steel joint venture in Jiangxi Province, which is directly supervised by the State-owned Assets Supervision and Administration Commission of Jiangxi Provincial People's Government.

The company covers an area of 30,220 mu with total assets of 27.5 billion yuan. By the end of 2008, there were 36,793 registered employees. In June 2007, the main steel assets of Xingang Company were listed as a whole (stock name: Xingang Co., Ltd., stock code: 600782). At present, there are 3 directly affiliated companies, 8 wholly-owned subsidiaries and legal entities, and 28 holding companies.

The company's four management systems of quality, environment, occupational health and safety, measurement and testing have passed the certification, the testing center has been approved by the national laboratory, and the technology center is the national recognized enterprise technology center. The company has established Jiangxi Ocean Steel Engineering Technology Research Center and Postdoctoral Research Center. The company has more than 800 varieties and more than 3,000 specifications of ordinary steel, special steel, metal products and chemical products.

The trademarks of Yuanhe and Shanfeng are "Famous Trademarks of Jiangxi Province", and the ship plate has passed the ex-factory approval of the nine countries Classification Society and the EU GE certification. Yuanhe brand hot-rolled steel plate for hull structure and high-quality carbon structural steel wire rod won the title of "China famous brand product", and the ship plate output and market share ranked first in China for two consecutive years in 2007 and 2008.

In 2007, the company achieved sales revenue of 22.7 billion yuan, ranking194th among the top 500 Chinese enterprises and102nd among the top 500 China manufacturing enterprises. In 2007, the company produced 5,640,200 tons of steel, ranking 23rd in China and 56th in the world.

In 2008, the industrial added value (current price) was 4.5 billion yuan, a year-on-year increase of12.5%; Completed 4.55 million tons of pig iron, 5.32 million tons of steel and 4.65 million tons of steel; Sales revenue exceeded 30 billion yuan, a year-on-year increase of 32.53%; The profit and tax is 210.80 billion yuan, of which the profit is 950 million yuan. The economic aggregate has maintained a double-digit high-speed growth for eight consecutive years. In February, 2009, the first phase of the 3,000,000-ton thin plate project was fully completed and put into operation, and the second phase is progressing in an orderly manner as planned.