Xinyu Iron and Steel Co., Ltd. (600782)

Xinyu Iron and Steel Co., Ltd. (600782)

Xinyu Iron and Steel Group Co., Ltd. (hereinafter referred to as Xinyu group) was renamed by Xinyu Iron and Steel Co., Ltd. after integrating Hongdu steel plant and Wushishan iron mine. At present, the group has one listed company Xinyu Iron and Steel Co., Ltd., covering an area of 26 square kilometers. It has one subordinate listed company, 23 directly affiliated units, 12 wholly-owned subsidiaries, 13 holding companies and 41 joint-stock enterprises[ 1-4]

On September 1, 2019, Xinyu Iron and Steel Group ranked 297 in the "top 500 Chinese enterprises in 2019"[ 5] On September 1, 2019, the list of top 500 Chinese manufacturing enterprises in 2019 was released, and Xinyu Iron and Steel Group Co., Ltd. ranked 134th.

Xinyu Iron and Steel Group Co., Ltd. is located in Xinyu City, Jiangxi Province, the people's Republic of China. Xinyu City is located in the central part of western Jiangxi Province, with a long history and outstanding people. It is one of the most beautiful cities in Jiangxi Province. It is the place where the seven fairies came down in Chinese mythology. It is the hometown of Fu Baoshi, a master of modern Chinese painting, Dr. he Dayi, a world-famous figure and a Chinese American medical scientist. It is also a rapidly rising modern new industrial city. Xinyu City has convenient transportation. Zhejiang Jiangxi railway runs from east to west, Beijing Kowloon railway runs by the city, and Shanghai Ruizhou, Jiangxi Guangdong and Wuji expressways meet here.

Xinyu Iron and Steel Group Co., Ltd. is a provincial large-scale state-owned iron and steel complex, which was renamed after integrating Hongdu steel plant and Wushishan iron mine. At present, the group has one listed company Xinyu Iron and Steel Co., Ltd. (Stock Code: 600782), covering an area of 26 square kilometers, with a total asset value of 45.5 billion yuan. It has one listed company, 23 directly affiliated units, 12 wholly-owned subsidiaries, 13 holding companies and 41 joint-stock enterprises. By the end of December 2019, there will be 26800 registered employees and 22400 on-the-job employees[ 4] Centering on the enterprise vision of "building a green quality base, becoming a prosperous iron and steel enterprise", Xingang group adheres to the scientific outlook on development, focuses on the adjustment of variety structure, vigorously implements the quality strategy, optimizes the product structure, and realizes the leap forward development.

Xingang group has more than 800 varieties and 3000 specifications of medium and heavy plate, hot rolled coil, cold rolled sheet, wire rod, rebar, steel strip, metal products and chemical products“ Yuanhe and Shanfeng are famous trademarks of Jiangxi Province. Centering on the two goals of building three excellent bases of marine steel, electrical steel and metal products and building a modern excellent and strong iron and steel enterprise, Xingang group adheres to the scientific outlook on development, takes technical transformation as the core, and focuses on variety structure adjustment, vigorously implements the excellent strategy, optimizes the product structure, realizes the unconventional leap forward development, and comprehensively improves the level of process equipment [1], It has formed a production process with 360m2 Sintering Machine, 2500m3 blast furnace, 210t compound oxygen converter, hot metal pretreatment, ladle refining, 105m / s high-speed wire rod, 3800 mm thick plate mill, 1580 mm hot continuous rolling mill and 1550 mm cold rolling production line as the main equipment, equipped with more advanced and complete detection, test, automatic control equipment and means. At the same time, according to ISO9001, ISO14001, OHSAS18001 and ISO10012 standards, Xinsteel has established an integrated management system of quality, environment, occupational health and safety, measurement and testing, and passed iatf16949 automobile steel management system, gjb9001 weapon equipment management system and third-party certification; The testing center has been approved by the National Laboratory; The technology center is the national recognized enterprise technology center; Xingang group has established Jiangxi marine steel engineering technology research center and postdoctoral research station, forming a perfect technical innovation system and effective operation mechanism [8].

With the business philosophy of "honesty and mutual benefit", Xingang group has won high praise from customers for its excellent quality and service. Its market image and brand awareness have been continuously improved. The products are used in National Stadium (Bird's nest project), CCTV new site, Beijing Capital International Airport expansion, Hangzhou Bay Bridge, Shanghai World Expo and other national key projects; The products are exported to more than 10 countries and regions, such as the United States, South Korea, Japan, Europe, Southeast Asia and so on. Xingang group has become a long-term supplier of the world's largest shipbuilding enterprise, Hyundai Heavy Industries of South Korea.

In 2019, Xingang Group invested 1.406 billion yuan in all kinds of scientific and technological research and development, which was verified by high-tech enterprises. Led by the Institute of metals, Chinese Academy of Sciences and Xingang, the major science and technology project of Jiangxi Province "R & D and industrialization of high quality rare earth steel of Xingang" is being implemented, which will greatly improve the performance and added value of its high-end steel products, and become a new driving force and growth point for the high-quality transformation and development of Xingang[ 9]

In 2020, Xingang group will continue to adhere to the quality strategy. On the basis of stabilizing traditional superior products such as wear-resistant plate, boiler vessel plate, die steel plate and high-strength ship plate, Xingang focuses on the R & D and production of high value-added products such as rare earth steel, ship plate and high-quality non oriented silicon steel, so as to fully develop the medium and high-end steel market. At the same time, Xingang continued to promote intelligent manufacturing at a high level. As early as last summer, an intelligent manufacturing promotion group headed by Xia Wenyong was established, and a special meeting on Intelligent Manufacturing promotion was held every month. Financial cost accounting system, production line quality tracking system, equipment management system, whole process "intelligent logistics", collaborative office system, intelligent access control system... Up to now, many intelligent manufacturing projects of Xingang have been promoted orderly and achieved initial results, which will lay a solid foundation for further improving labor productivity and enterprise operation efficiency.

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