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Group Profile

Our company was incorporated on March 17, 2008, and is a limited liability company jointly funded by the State-owned Assets Supervision and Administration Commission of Shandong Provincial People’s Government, Shandong Guohui Investment Company Limited and Shandong Provincial Social Security Fund Council, headquartered in Jinan, Shandong Province.

Our group has a registered capital of 11.193 billion yuan, an asset size of 373.685 billion yuan, and a corporate credit rating of AAA. We have four A+H listed companies and one new third board listed company.

In 2020, our group’s revenue will exceed 220 billion yuan, steel production will exceed 31 million tons, profit level will be stabilized at 10 billion level, and we will be ranked 459th in the Fortune 500, 113th in the 2020 China Top 500 Enterprises, and 43rd in the 2020 China Top 500 Manufacturing Enterprises, and our comprehensive competitiveness rating will be ranked A+ (extremely competitive) among Chinese steel enterprises for three consecutive years.

About us

Our group focuses on the development of “ferrous metal mining, smelting and processing, steel trading and services, new materials, high-end equipment manufacturing and technical services” three main industries, and cultivate the development of industrial finance, industrial park development and operation, information technology and other emerging industries. Insist on “highlighting the coast, optimizing the inland, giving equal importance to the quality and scale”, focus on the transformation and upgrading of the steel industry, focus on building Rizhao steel base, Laigang high-quality steel base, Linyi Lingang advanced special steel base, Texas Yongfeng short process high-quality building materials base, and gradually form an annual output of more than 30 million tons of steel production scale, process technology and equipment The process technology and equipment have reached the leading level in China

The main steel products have formed four series: plate and strip, section steel, special steel, and building materials, which are sold well in China and exported to more than 70 countries and regions, and successfully used in important projects such as Hong Kong-Zhuhai-Macao Bridge, Daxing International Airport, Beijing Winter Olympic Stadium, Yamal LNG project in the Arctic, etc. More than 30 steel products have been awarded as China Famous Brand, Shandong Famous Brand, National Metallurgical Products Physical Special Quality Award, and “Golden Cup Award”. “Golden Cup Award”.

Our group is determined to build a world-class enterprise and focus on forging comparative advantages of green, intelligent, and sustainable development. Adhering to the core values of “co-creation, common progress, win-win”, and more than 100 large domestic and foreign enterprise groups to form strategic partnerships, and work together to build a shared high-quality steel ecosystem. Deeply implement the concept of green development, the first in Shandong Province to achieve the whole process of iron and steel all processes of ultra-low emission transformation, the three enterprises belonging to the heavily polluted weather performance rating A-class enterprises in 2020, the province’s steel enterprises green transformation of the demonstrator, the leader. Vigorously implement the innovation-driven development strategy, with 27 provincial and above science and technology innovation platforms, more than 40 various science and technology-based enterprises, won 7 national science and technology progress awards, 233 provincial and ministerial level science and technology awards.

The Group has effectively fulfilled its political, social, and economic responsibilities as a state-owned enterprise, comprehensively strengthened the Party’s construction and leadership, deepened the reconstruction of state-owned capital investment companies, promoted market-oriented reforms, and pushed state-owned capital and state-owned enterprises to become stronger, better and larger. “During the 13th Five-Year Plan period, the total assets of the enterprise increased by nearly 50%; the operating income doubled; the average annual compound growth rate of employees’ income exceeded 17%; the investment in environmental protection was 7.8 billion yuan; the company contributed 123 million tons of pig iron, 127 million tons of crude steel and 124 million tons of steel to the society; and the total tax payment was 35.890 billion yuan. 

Steel Products(4)

We actively practice the pursuit of the belief of “for the people and the welfare of the workers”, always insist on the development for the workers, the development relies on the workers, and the fruits of development are shared by the workers, and comprehensively implement the construction of “happiness and harmony”, which makes our footsteps of promoting high-quality development more solid and the dream of The enthusiasm of the dream is more exciting.