Company Development of Shanxi Zhongyang Iron and Steel Co., Ltd.

It has existing assets of 1 billion yuan, covers an area of ??more than 1,500 acres, and has 5,000 employees. The main equipment includes two 380M3 ironmaking blast furnaces, a 600,000-ton mechanical coke oven, two 4500M3/H oxygen generators, four 15T oxygen top-blown converters, three STEL-TEK arc continuous casting machines (7 streams), 300,000 It has a high-speed wire rod production line, a strip steel production line of 400,000 tons, a bar production line of 400,000 tons, and a pipe production system of 400,000 tons, with an annual steel output of 1.2 million tons. Awarded as "Model Unit of Shanxi Province" and "Advanced Unit of National Township Enterprises".

The main products are six series: 120~150 mm square billet, 100×170mm rectangular billet, 145×~204 strip steel, ∮6.5~10mm high wire, ∮12~20 bar, ∮10 ~70mm welded pipe. The technical indicators of the intermediate products, steel billets and strips, and the building materials products of bars, wires and pipes have reached or exceeded the domestic advanced level. And passed ISO9002 quality system certification in 2001.

Shanxi Zhongyang Iron and Steel Co., Ltd. was founded in October 1992. It is a large-scale iron and steel enterprise integrating coal coke, ironmaking, steelmaking and steel rolling. It has total assets of 2 billion yuan and an annual output of 100 million yuan. With a production capacity of 10,000 tons of coke, 800,000 tons of iron, 1 million tons of steel, and 1 million tons of materials, it achieved sales revenue of 3 billion yuan in 2003, generated profits and taxes of 300 million yuan, and paid 55 million yuan in state taxes. The company is located in the northern suburbs of Zhongyang County, Shanxi Province, covering an area of ??more than 1,500 acres.

Under the leadership of Yuan Yuzhu, the leader of the company and a representative of the 10th National People's Congress, Sinosteel has always adhered to the policy of "simultaneously enriching the people and strengthening the county, improving output and quality, implementing both scale and specifications, and paying equal attention to material and spiritual matters" This approach has enabled the steelmaking scale to grow from 100,000 tons/year in the early days of the plant to the current 1 million tons/year. It has not only become one of the country's million-ton steel groups, one of the top 30 industrial enterprises in Shanxi Province, and one of the top ten taxpayers in Shanxi Province household, Shanxi Provincial Integrity Unit, and as the leader of local economic development, it has effectively driven and promoted the development of Zhongyang County.

As a traditional industry, Sinosteel insists on using innovative mechanisms to optimize process structures, upgrade corporate standards, and use advanced technology to transform enterprises. The main equipment of Sinosteel has reached the equipment level of large domestic steel companies. Most of the various international advanced technologies have been promoted and applied in Sinosteel. In June 2001, Sinosteel successfully passed the ISO9002 international quality system certification. The products produced are coke, iron, steel and materials in more than 20 series and more than 230 kinds. Among them, high-speed wire rod and strip steel have won the titles of "Shanxi Province Quality Products" and "Shanxi Province Famous Brand Products", and rebar and pipes have won national Quality inspection certificate and the title of "Iconic Famous Brand Product of Shanxi Province". At present, Sinosteel has established a good reputation and has a good sales market in Shaanxi, Gansu, Ningxia, Mongolia, Beijing, Tianjin and the southeastern coastal areas, and its products are favored by customers.

Sinosteel Corporation currently has more than 4,000 employees, including more than 2,800 with a college degree or above. This is a high-quality and highly cohesive workforce, which is the foundation for Sinosteel's past growth and future development. The advanced corporate culture that has always been constructed as a systematic project has effectively promoted the company's strong development and integrated into In all aspects of the company's work, the new image of "Leading China Steel, Digital China Steel, Integrity China Steel, Quality China Steel" has been formed and has been widely recognized by society. The company has also been rated as "Advanced Unit in Corporate Culture Construction in Shanxi Province".

In 2004, a number of major production adjustment projects of Sinosteel were under construction. It is expected that by the end of 2005, Sinosteel’s total assets will reach 5 billion yuan, with an annual output of 3.6 million tons of iron and 3.0 million coke. With a production capacity of 10,000 tons, 3.6 million tons of steel and 3.6 million tons of materials, the output value will increase to 8 billion yuan, the annual profit and tax will be 1 billion yuan, and the national tax will be 300 million yuan. Sinosteel will also be transformed from the current large-scale steel enterprise Enter the ranks of large steel companies.