Established on Mar. 17，2008, Shandong Iron & Steel Group Co., Ltd (hereinafter referred to as SISG) is the limited liability company invested by State-owned assets supervision and administration committee of shandong provincial people's government, Shandong Guohui investment Limited Company and Shandong social security fund council.
The subsidiaries and auxiliary organizations of SISG include: Shandong Iron and Steel Limited, Jinan Iron & Steel Group, Laiwu Iron & Steel Group, SISG Mining Company, Shandong Vocational College of Industry, SISG real estate Corporation, SISG International Trading Corporation,Shandong Steel Financial Holing (Shenzhen) Company Ltd., SISG Yongfeng Zibo Corporation, SISG financial Company Ltd., Shanxin Software Company Ltd., Shandong Refractory Materials Company, Zibo Zhangdian Iron And Steel Company Ltd., Shandong Xinli MetallurgicalCompany Ltd., and two listed companies:Shandong Iron and Steel corporation, Jinling Iron Mine Company,.
By the end of 2019, with a registered capital of 11.93 billion CNY, the total capital of SISG reached 355.7 billion CNY, with more 48,000 employees work in state-owned holding company. In 2019, SISG achieved operation revenue of 189.2 billion CNY, total profit of 6.477 billion CNY and net profit of 4.292 billion CNY. SISG ranks the 124th on the list of the China’s Top 500 Enterprises2019, the 45th on the list of China’s Top 500 Manufacturing Enterprises2019, and the 7th on the list of Shandong Province top 100 enterprises and Manufacturing Enterprises2019, with a credit rating of AAA. It has won the honor of "excellent steel enterprise brand in 2019" and "meritorious enterprise in the 40th anniversary of reform and opening up of steel industry";"Jigang capacity adjustment and Shangang transformation and development" was selected as the most influential event in Shandong Province to celebrate the 40th anniversary of reform and opening up. Comprehensive competitiveness rating A + (extremely competitive), ranking 7th in China's steel industry.
Taking the opportunity of rebuilding the state-owned capital investment company, SISG actively constructs the organizational structure of "1 + N" (one state-owned capital investment company plus several industrial companies), focuses on the development of three major industries, namely, "ferrous metal mining, smelting and processing, steel trade and services, new materials, high-end equipment manufacturing and technical services", cultivates and develops industrial finance, steel structure construction and industrial park development operation, information technology and other strategic emerging industries. The iron and steel industry adheres to the principle of "highlighting the coastal areas, optimizing the inland areas, attaching equal importance to quality products and scale", and has the national advanced production lines of medium and heavy plate, cold and hot-rolled sheet, section steel, special steel, rod and wire rod. Technological equipment and professional technology of Rizhao Iron and steel base has reached the world's leading level. Laiwu area is an important production base of section steel, structural steel and special steel in China, which has a wide influence in many fields such as construction, automobile, construction machinery, wind power engineering, marine engineering, etc. Steel products include 14 of all 22 standard classifications, and more than 30 steel products have been rated as China's famous brand, Shandong's famous brand, national metallurgical product quality award and "gold cup award".
SISG firmly establishes the customer-oriented concept, focuses on promoting business model innovation, and creates a "five in one" coordination mechanism of customers, talents, marketing, production and R & D. It has formed strategic partnership with more than 100 large enterprises at home and abroad, and is an excellent supplier trusted by the world's top 500 and China's top 500 leading enterprises. The products of Shandong Steel Co., Ltd. are sold to over 70 countries and regions on five continents all over the country. They are widely used in high-speed railway, shipbuilding, automobile, oil, bridge, construction, electric power, machinery, home appliances and other fields. They have successfully entered Hong Kong Zhuhai Macao Bridge, Daxing International Airport, Beijing Winter Olympic Stadium, Arctic Yamal LNG project and other important projects at home and abroad.
Shangang group regards reform as a strong driving force to speed up the transformation of new and old driving forces and realize high-quality development. Taking reform as a whole, it strives for vitality, efficiency and profit. Guided by the reconstruction of the state-owned capital investment company and in the direction of marketization, SISG continuously promotes more than 30 major reforms, including the mixed ownership reform of the ownership company and the contractual reform of the management level.
SISG has established long-term and stable cooperative relations with Chinese Academy of Sciences, Chinese Academy of engineering, Tsinghua University, Northeast University, Beijing University of science and technology, etc. It has 1 national enterprise technology center, 8 provincial enterprise technology centers, 4 provincial engineering technology research centers, 1 provincial engineering laboratory, 3 National recognized quality inspection centers, 2 academician workstations, 4 postdoctoral research workstations and 1 postdoctoral innovation practice base. There are 4013 senior professional and technical personnel, 1165 master's and doctor's degree personnel. In total, it has won one national candidate for the "one million talents project in the new century", one Youth Award of "Chinese outstanding engineer", one Chinese skills award, 13 national technical experts, two leading talents in Taishan industry, 17 young and middle-aged experts with outstanding contributions in Shandong Province, 35 experts enjoying special allowance of the State Council, and 58 chief technicians in Qilu (Shandong Province). It has won 7 National Science and technology progress awards, undertaken 12 national key research and development projects, and participated in the revision of 98 national and industrial standards.
SISG adheres to safe development and green development, forms a safety and environmental protection prevention and control system of "horizontal to side, vertical to bottom", and continuously promotes upgrading of energy-saving and environmental protection facilities, in-depth treatment of pollutants and ultra-low emission transformation of iron and steel industry. It has been awarded the titles of "national circular economy pilot demonstration enterprise", "China's iron and steel industry clean production environment-friendly enterprise", national "green factory", etc. Now, it is moving forward to the goal of "taking the lead in meeting the ultra-low emission standard of steel, building a green and low-carbon ecological garden factory, building a domestic advanced green steel strong enterprise, and leading the steel enterprises in Shandong Province to achieve green transformation and development".
SISG thoroughly implements the general requirements of the Party construction of state-owned enterprises in the new era, adheres to and strengthens the overall leadership of the Party, and penetrates the role of the Party organization in the direction, management of the overall situation and implementation in all aspects and fields of reform and development. Establish the core values of "create together, advance together and win-win", adhere to the "feelings for the people, the well-being of employees", and comprehensively implement the construction of "happy and harmonious new Shandong Steel". Insist on working together with customers, employees, shareholders, communities and other relevant parties, sharing interests and creating harmoniously.It has won the title of "top ten corporate culture brands" named by the Publicity Department of Shandong provincial Party committee and other five departments, and "special contribution unit of national corporate culture construction" issued by China Business Federation.
Shangang group accurately grasps the high-quality development gene, complies with the business model innovation centered on the Internet of things, big data, cloud computing, artificial intelligence and other new generation network information technology changes, and establishes the "gather resources, open sharing, and build a safe and efficient steel industry ecosystem" and the second three-year action plan for the transformation of new and old kinetic energy of creating a new benchmark for the development of green and intelligent industries. Make it clear that by 2022, Besides to become one of the top 500 steel enterprises in the world, one of the ten billion steel enterprises with total annual profits, and initially establish the brand image of "high-tech enterprise", SISG also will strive to achieve the following goals: transformation and upgrading in the forefront of national state-owned enterprises, comprehensive competitiveness in the forefront of domestic steel enterprises, deepen reform in the forefront of provincial enterprises, and the level of information construction in the forefront of the first echelon of domestic steel industry. SISG is building charming new Steel that "injects reform genes, fills market elements, possesses innovative characteristics, and is full of humanistic feelings".