Baoshan Iron & Steel Co., Ltd.

 

Established solely by Baosteel Group on February 3, 2000,Baosteel Co., Ltd. is a subsidiary controlled by Baosteel Group. It was listed for trading at Shanghai Stock Exchange on December 12, 2000.

 

In 2012, Baosteel Co., Ltd. achieved total operating revenue of RMB 191.51 billion with a total profit of RMB 13.14 billion. In 2012, 22.075 million tons of iron and 22.996 million tons of iron were produced; and 22.995 million tons of semifinished product materials were sold. Baosteel Co., Ltd. completed the task of asset sales of stainless steel and special steel as well as share acquisition of Zhanjiang Iron & Steel in capital market, passed and complemented the work of targeted share repurchases and the work of shutdown and adjustment in Luojing district.

 

In 2012, in the face of low profit era of iron and steel industry,Baosteel Co., Ltd. strengthened operation management, perfected the customer-focused enterprise operation systems, consolidated the differentiation competitive advantage, strictly controlled cost and pursued balance between production and marketing under the condition of economic operation, therefore, Baosteel achieved good results in production and management and continued to be the industry’s best performer in China.

 

Established on July 21, 2006, Baosteel Resources is a whollyowned subsidiary of Baosteel Group Corporation. It mainly deals with the investment, trade and logistics services of mineral resources, efforts to build service platform of resources investment, trade and comprehensive logistics for iron and steel and other fields.

 

On December 21, 2010 Baosteel Resources established an oversea headquarters in Hong Kong—Baosteel Resources (International) Limited, practicing double-headquarter operation from Shanghai and Hong Kong. Baosteel Resources (Singapore) Limited was formally established in 2012. So far Baosteel Resources formed a embryonic network pattern in global resources areas such as Australia, Africa, America and Southeast Asia.

 

Baosteel Resources focuses on global distribution of mineral resources and seeks international win-win cooperation. It commits itself to providing clients with high quality products and value-added services, as well as achieving great leap–forward development of ore, coal, alloy, nonferrous metals, metal recycling and shipping logistics, etc.

 

In the process of moving towards the strategic goal, Baosteel Resources continuously makes innovations in management model, constantly promotes investment cooperation and construction of “dual engines” in trade operation, further develops shipping business space, and improves international management capabilities.

 

Baosteel Resources has always persisted in developing together with shareholders, clients, suppliers, staff and the society. It keeps improving the management and operation functions including exploration, design, selection, processing, transportation, trade and investment, and tries to build a more mature industrial structure.It consistently improves its core competitiveness, makes effort to become a world-class comprehensive supplier of mineral resources.

 

In 2013 Baosteel Resources achieved operating revenue of RMB 44.873 billion.

 

Within 2012, Baosteel won the following awards and titles: title of “The Advanced Unit of National Recycling Economy”; “Asia and China’s Most Admired Knowledge Organization”; the Grand Prize of Metallurgical Science and Technology Progress in “Development and Industrialization of the Silicon Steel Manufacturing Technology in Orientation of Low Temperature and High Magnetic Field”.

 

Baosteel Engineering & Technology Group Co., Ltd.

 

Shanghai Baosteel Engineering Technology Co., Ltd. was established on August 5, 1999. Baosteel Group Corporation Engineering Technology Committee was set up in August 2009. In April 2010, the original Shanghai Baosteel Engineering Technology Co., Ltd., on the basis of incorporating and integrating relevant engineering technologies,steel structure business and resources, established a flagship company,which was renamed as Baosteel Engineering Technology Group Co., Ltd. Being a wholly-owned subsidiary of Baosteel Group Corporation,it has a registered capital of RMB 2.82 billion.

 

With more than 20 Class A Certifications and rights to contract and manage oversea projects, Baosteel Engineering boasts the industrial capability of total process solutions integrating engineering consultation, management & implementation, design and manufacture, operation & maintenance. In the new round planning, the company will concentrate on the 3 strategic businesses, i.e. energy conservation and environmental protection, urban architecture and IT information; consolidate and enhance the 3 professional businesses, i.e. metallurgical project technology, equipment manufacturing (including rolls), construction management consultation; as the renewable business, the industrial technology service ensures the enhancement of the competitiveness of main steel business. With the business structure of "3+3+1", the company's services cover project general contracting, project management and engineering consultation, engineering design, information intelligent automation, engineering bidding, engineering supervision, equipment design and manufacture, complete set of equipment supply, construction management, commissioning and startup, operation & maintenance, product inspection, etc., and the service fields involve metallurgy, environmental protection, architecture, transportation, municipal works, finance, chemical industry and new energy, etc.

 

In 2012 it fully realized RMB 16.4 billion in revenue and RMB 750 million in profit.