Brief introduction of Anyang Yongxing Iron and Steel Co., Ltd. of Shagang Group

With total assets of more than 6 billion yuan, it has formed an annual production capacity of 2.5 million tons of iron, 2.5 million tons of steelmaking and 2 million tons of high-quality round steel bars. The company is one hundred key enterprises in Henan Province, the largest private enterprise in Anyang City, and ranked second among the top 30 enterprises in industrial economy in Anyang City in 2009. Jiangsu Shagang Group, the parent company, located in Zhangjiagang City, Suzhou City, Jiangsu Province, is a national super-large industrial enterprise, the largest private iron and steel enterprise in China, the 40th among the top 500 Chinese enterprises, the top 500 manufacturing enterprises in China 12, the top 500 private enterprises in China 1 5, and the top 500 in the world. Is the only private enterprise in China.

In September, 2007, Jiangsu Shagang Group reorganized Henan Anyang Yongxing Iron and Steel Co., Ltd. according to the national industrial policy and the development requirements of promoting strategic reorganization of enterprises in Henan Province, with the support of governments at all levels in Henan Province and Anyang City. In the same year, it was renamed Anyang Yongxing Iron and Steel Co., Ltd. of Shagang Group.