Masteel (Group) Holding Co., Ltd

Maanshan Iron and Steel Co., Ltd. is a super large combined iron and steel enterprise in China. It is a listed company with a + H shares. It is authorized by Anhui provincial government. It covers an area of 13.5 square kilometers, employs 47000 people, and has a supporting production scale of 20 million tons of steel. It has formed a coordinated development pattern of three leading industries: Iron and steel industry, upstream and downstream related industries of iron and steel, and strategic emerging industries. In 2015, Masteel produced 18.82 million tons of crude steel, with total assets of 82.3 billion yuan and operating income of 50.4 billion yuan.

Ma'anshan Iron and Steel Co., Ltd. (Maanshan Iron and Steel Co., Ltd.) is the predecessor of Ma'anshan Iron and Steel Co., Ltd., which was established in 1953; Ma'anshan Iron and Steel Co., Ltd. (Maanshan Iron and Steel Co., Ltd.) was established in 1958; in 1993, the joint-stock system was successfully reformed into Ma'anshan Iron and Steel Co., Ltd. (Maanshan Iron and Steel Co., Ltd.) and Ma'anshan Iron and Steel Co., Ltd. (maansh. In the course of more than 50 years of development, Masteel has made important contributions to the development of China's iron and steel industry: in the 1960s, Masteel built the first wheel and tyre factory in China, filling the gap of wheel and tyre localization; created the civilized production experience of "three clean, four no, five no leakage, standardization, one line"; and "a flower in the south of the Yangtze River" is well-known throughout the country. In the 1980s, the first set of high-speed wire rod mill in China was built, which became the cradle of high-speed wire rod rolling technology in China. In the 1990s, it became one of the first batch of nine standardized joint-stock pilot enterprises in China, enjoying the reputation of "China's first steel stock"; in 1998, it built the first H-beam production line in China, filling the gap of domestic large H-beam products.

In recent years, with development as the first priority, structural adjustment and innovation driven as the main line, Masteel has completed two rounds of large-scale structural adjustment with a total investment of more than 40 billion yuan with the remarkable "Masteel speed". Masteel has the world's advanced production lines of cold-rolled and hot-rolled sheet, color coated sheet, galvanized sheet, H-beam, high-speed wire rod, high-speed bar, wheel and tyre, and three production lines of long material, strip and axle The large series of products have been upgraded comprehensively. The wheel, H-beam, cold heading steel, pipeline steel and other products have independent intellectual property rights and core technologies. The wheel and H-beam products have won the title of "China famous brand" and the trademark of Masteel has been rated as well-known protection. A new pattern of "1 + 7" multi industry coordinated development has been built. The "1" is the main business of iron and steel, and its main business is concentrated in Masteel Co., Ltd "7" refers to seven non steel sectors, including mineral resources industry, engineering technology, trade and logistics, energy conservation and environmental protection, financial investment, information technology and new materials.

At present, Masteel is in a critical period of responding to severe market challenges and accelerating transformation and development. China's one belt, one road, 2025 manufacturing and three economic development belt in Anhui province is firmly implementing the goal of the "steel industry", and is accelerating the transformation and upgrading process, promoting the development of diversified industries, vigorously implementing green manufacturing and cleaner production, and striving to adapt to the new normal. Work together to build a beautiful home for Masteel.