Henan Jiyuan Iron and Steel (Group) Co.,Ltd (the Company) is established in 1958 and converted from a local State owned enterprise to a joint stock private enterprise in 2001. The Company is a key Chinese iron and steel enterprise, top 500 Chinese enterprise, top 100 Chinese private enterprise, top 500 Chinese manufacturer, top 100 global steel manufacturer and a committee member of the Chinese Steel Association and the Chinese Special Metal Association. The Company is located within the Jiyuan City of the Henan province with good access to road infrastructure and a dedicated railway line which is connected to the Jiaozhi rail line. The Company has evolved into a steel manufacturer offering the most comprehensive range of products and most complete range of special steel bars and rods in China. The Company currently employs more than 7,000 employees of which more than 3,000 are specialists and professionally trained technicians. The Company possesses total assets worth RMB12 billion and fixed assets of RMB7 billion.
The Company adopted a continuous roll out production line process for iron and steel making and utilizes first class domestic and international state of the art technical equipment. The iron making and steel making production systems of the Company are built around 1200 cubic meter blast furnaces and 120 tonnes converters respectively
and supported by comprehensive associated infrastructures. The steel rolling system of the Company consists of an advanced international state of the art steel bar production line, three special high-speed wire production lines, one jumbo spooled coil production line, and one special steel bar production line for high performance foundation parts. This provides a production system that is comprehensive and appropriate in terms of scale and layout, equipped with state of the art equipment and advanced technology that is environmentally friendly, energy efficient and meets exacting quality assurance standards.
The annual production capacity of the Company is 4 million tonnes each of steel and iron and roll of which 60% are special steel. Main special steel products of the Company includes: high quality carbon structural steel, alloy structural steel, high strength low alloy structural steel, cold heading steel, tube steel, welding wire steel, gear steel, spring steel, bearing steel, free cutting steel, cord steel and horizontal continuous casting iron bars etc. Construction use steel products of the Company includes: rebar, plain bars, PC bar steel, high-speed wire. The range of special steel products produced by the Company can be found in all aspects of our daily lives in China. For example, parts and fasteners manufactured from our cold heading steel products are used in the manufacturing of hardware equipment, household appliances, automobiles, motorcycles and even aerospace machinery; gear steel is widely used in the manufacturing of engine, transmission and related fields; hard wires, 30MnSi series of products are widely used in the production of high-strength, [low-drop / low-relaxation] pre-stressed steel wire, [steel hinge line], wire rope, PC steel bar, to meet the construction needs of railway sleepers and highways and bridges. Construction steel manufactured by the Company has been specified for use in projects such as the Xiaolangdi on the Yellow River project, the Yangtze River Three Gorges project, the West to East Gas Pipeline project, the Qinghai-Tibet Railway project, the Huaneng Qinbei power project, the national high-speed rail system, and provincial highways. The Company’s products are also distributed in Europe, America, Japan, Southeast Asia and other international markets.
In order to meet the new needs of the machinery industry to use special steel, the Company actively adopts advanced international management methodologies and strive for certification of its management system. The Company attained ISO9001 international quality management system certification in 1998, GB/T28001 Occupational Health and Safety Management system and ISO14001 environmental management system certification in 2011, and the ISO/TS16949 automobile steel quality management system certification in 2012. The Company’s testing center has been included in the "National List of Accredited Laboratories” with its leading products being awarded the "National Product Quality Inspection Waiver Certificate” by the State Administration of Quality Inspection and Quarantine for four consecutive times. The Company was also awarded the “Metallurgical Industry Product Quality Gold Award” and the “National Contract Abiding and Creditworthy Enterprise Award”. Through excellent product quality and delivery of efficient services, the Company has built an exceptional reputation amongst overseas and domestic customers. By the end of the 12th Five-Year plan, the Company’s annual output of special steel accounted for a total of 75% of its total production with annual sales revenue of over 20 billion yuan. The Company is one of the top ten special steel manufacturers in China and will become a domestic first class special steel manufacturer with global influence.