SHOUGANG

首钢 Shougang Group was established in 1919 and is a leading enterprise in China’s steel industry. It operates in various industries including steel production, mining, machinery, electronics, construction, real estate, services, and overseas trade. The group is a large-scale state-owned enterprise with operations spanning different regions, ownerships, and countries.

Focusing on four major segments, namely steel industry, industrial park development and operation, integration of production and finance, and new industries, Shougang has become a comprehensive large-scale state-owned enterprise with operations in multiple industries and regions.

Guided by the spirit of “daring to explore, persevere, and work hard” and promoting the values of “daring to take responsibility, innovate, and be a pioneer,” Shougang has created numerous achievements over its hundred-year history. In 2005, Shougang implemented the relocation and adjustment of its steel industry, and through regional joint reorganizations with Changgang, Shuigang, Guigang, Tonggang, and Yigang, expanded its industry layout to coastal and resource-rich areas, achieving a production capacity of 35 million tons of steel and a shift towards high-end plate products.

The group is committed to strengthening its core competitiveness in the steel industry by promoting technological advancements, and focuses on product, quality, cost, service, and technology advantages. With an emphasis on new materials, new energy, environmental industries, and static transportation, Shougang is nurturing new industries.

Shougang has also been active in international operations since the early days of China’s reform and opening-up. It has established subsidiaries and conducted acquisitions in various countries and regions, with overseas enterprises located in Peru, Singapore, South Korea, India, and Hong Kong, engaged mainly in mineral resources and static transportation management.