Benxi BEITAI Iron & steel Group

Based on iron and steel business, Beitai Iron & Steel Group is a large modern corporate group integrating chemical industry, financing and logistics and new businesses (including heavy-duty trucks, steel pipes, wood and plastic door and window, real estate development, etc.), which operates globally. With development of nearly four decades, through deepening reform, strengthening management and accelerating restructuring, Beitai Iron & Steel Group has developed from a small company with assets of RMB 5 million Yuan into a large corporate group with the total assets of RMB 40 billion Yuan, the annual revenue of RMB 48 billion Yuan, the total profit and tax volume of RMB 22 billion Yuan. The Group has nearly 30,000 employees. Its core enterprise, Beitai Iron & Steel (Group) Co., Ltd. is a state-owned exclusive company while the other subsidiaries are all joint-stock companies. At present, the group has got the annual comprehensive capacity of 8.5 million tons of pig iron, 9.5 million tons of steel billets, over 10 million tons of steel products, 0.8 million tons of chemical fertilizer and 0.5 million tons of ductile iron pipes and 300 sets of heavy-duty trucks, and the production and management capacity of financing and logistics up to over RMB 10 billion Yuan. In 2009, Beitai Iron & Steel Group ranks the 114th place in the National Most Powerful 500 Enterprises and the 4th place among top 100 enterprises in Liaoning Province.