What is the level of Valin Iron and Steel Group?

The group is a state-owned enterprise.

Valin Iron and Steel Group is an enterprise under the jurisdiction of Hunan SASAC. It is a provincial state-owned enterprise, not a central enterprise or a provincial enterprise.

Valin Group was jointly established on 1997 by three large Hunan steel mills: Xianggang, Lianyuan and Henggang. In 20 17, the total assets were nearly 120 billion yuan, and the revenue exceeded100 billion yuan. In 2020, the revenue of Valin Iron and Steel Group exceeded 654.38+50 billion yuan, the total profit and tax exceeded 654.38+50 million yuan, and the steel output was nearly 26.8 million tons. Its main technical equipment and production technology have reached the advanced level in China and even in the world.