Another steel giant is born! 6 steel plants across the country

Xinghua Fortune Group

Xinghua Fortune Group was founded in 1985 by retired soldiers organized by Chen Maochun, a retired military cadre. After more than 30 years of development, it has now formed a steel-based company. An enterprise group with main business and coordinated development of diversified industries. It has deployed in many provinces in China and many countries and regions such as Australia, Spain, and Kyrgyzstan. Forge ahead into a new era and embark on a new journey. Xinghua is promoting four industry-leading innovation projects: "Steel Transformation 4.0, Industrial Internet 4.0, Agricultural Real Estate 4.0, and Rural Tourism 4.0", with good development momentum. Implement ten 12345 strategic plans including safety and environmental management, talent management, data management, and humanistic culture. The group's main indicators such as revenue and profit have maintained steady growth for many years. In 2011, it was ranked 85th among the top 500 Chinese private enterprises, and in 2019, it was ranked 421st among the top 500 Chinese enterprises. It is an executive director of the China APEC Development Council.

Steel Industry

Xinghua Fortune Group entered the steel industry in 1999. In recent years, it has continuously accelerated the pace of steel mergers and reorganizations. It currently owns 6 steel companies, located in Northwest, Hebei, In the coastal areas of Fujian, the total steel production capacity is 12 million tons. Relying on advanced production and operation management experience, through technological transformation and product structure adjustment, we have achieved high-quality development with reasonable process layout, advanced technical indicators, safety and environmental protection standards, low asset-liability ratio, and good economic benefits.

1. Shanxi Xinghua Iron and Steel Company Shanxi Xinghua Iron and Steel is located in Xinrong District, Datong City. The predecessor of the company was the Datong Iron and Steel Plant founded in 1943. In 2005, it was reorganized by the Tongmei Group and was mixed in 2011. Tongmei Tianjian Company was reorganized; in 2019, Shanxi Xinghua Steel and Tongmei Tianjian reached a production and operation cooperation and changed their name to Shanxi Tongde Xinghua Special Steel Co., Ltd. After the reorganization, we will continue to increase the pace of technological transformation of production processes, equipment optimization, and environmental protection improvements to achieve safe production, environmental protection standards, and high-quality products. At present, it has an annual production capacity of 2 million tons of iron, 2.5 million tons of steel, and 1 million tons of materials. Leading products: hot-rolled HRB335, HRB400, HRB500 rebar, hot-rolled plain steel bars, steel billets, etc. It has passed five major system certifications and holds the "National Industrial Product Production License" issued by the state. It is a key enterprise of the Datong Municipal Government and the only steel enterprise in northwestern Shanxi, with obvious market location advantages. Datong is rich in coal coke resources and has obvious raw material cost and price advantages. The transportation conditions are convenient. The factory is connected to the 208 National Highway to the east and the Erguang Expressway to the south. The products are sold to the surrounding areas of Beijing, Tianjin, Hebei and Inner Mongolia and the Yangtze River Delta, Pearl River Delta and other regions through two dedicated railway lines in the factory. The logistics cost is low and the enterprise creates profits. good.

2. Ningxia Xinghua Steel Company Ningxia Xinghua Steel is located in Huinong District, Shizuishan City. The predecessor of the company was the former state-owned enterprises Ningxia Iron Works and Ningxia Coking Plant. It was later restructured and established as Ningxia Boyu Hongxing Special Steel Co., Ltd. In 2019, it was fully acquired by Xinghua Fortune Group, which reborn the old company and resumed production and operations. Subsequently, Xinghua acquired the rod and wire rolling production line adjacent to Zhongneng Steel, forming a joint iron and steel production enterprise. After the reorganization, the company has continued to increase technological transformation of production processes, equipment optimization, and environmental protection improvements, and now has a production capacity of 2 million tons of iron, 2.5 million tons of steel, and 2.5 million tons of materials. The main products include: hot-rolled HRB335, HRB400, HRB500 rebar; high-speed wire rod, steel billet, etc. It holds the "National Industrial Product Production License" issued by the state, and its products are sold to Ningxia, Inner Mongolia, Gansu, Southwest and other regions. Resource advantages. The 300 kilometers surrounding Huinong District in Shizuishan City is a gathering area for iron ore, ferroalloys, natural gas and other resources, with obvious advantages in raw materials. market advantage. Located in the node area of ??the "Silk Road Economic Belt", with the development of the country's western development and the "14th Five-Year Plan", the surrounding energy, heavy chemical industry, mining development, manufacturing, power transmission and railway and highway transportation construction will enter the In a period of rapid development, the demand for steel will continue to increase. However, there are only three steel companies in Ningxia, and the market demand gap is large, creating a huge market space for Ningxia Xinghua Steel.

3. Fujian Longgang Project Fujian Longgang Project is located in Zhangping City, Longyan City. It implements the needs of the national steel enterprise structural adjustment and revitalization planning, and is in accordance with the industrial development layout of Longyan City and matched with the modern equipment manufacturing industry. Key projects for off-site relocation. Formerly known as Longyan Iron and Steel Works, it was founded in 1970. It was once listed as the two major state-owned steel enterprises in Fujian Province along with Fujian Sanshan Iron and Steel Co., Ltd. It was restructured in 2003. In order to promote the transformation and upgrading of steel, the Longyan Municipal Government implemented the relocation and reconstruction of the former Longyan Iron and Steel Plant in 2010 and built the Zhangping Modern Equipment Manufacturing Special Steel Casting Base Project. However, due to the debt of the original owner of the project, the project has been at a standstill after completing part of the project. In June 2018, the governments of Longyan City and Zhangping City invited Xinghua Fortune Group to establish Fujian Longgang New Materials Company in Zhangping. Through the replacement of production capacity indicators, it landed in Zhangping and undertook the continued construction of Fujian Longgang Intelligent Steel Industry 4.0 Customization chemical production demonstration project.

The Fujian Longgang project covers an area of ??9,000 acres, with a total investment of 20 billion yuan. It will build three production lines in three steps, integrating coking, sintering, ironmaking, steelmaking, and steel rolling full-process steel projects, as well as supporting construction Public auxiliary facilities such as lime kiln, oxygen production, power generation, mechanized intelligent raw material field, highway and railway logistics park, etc. Product positioning: high-quality rods and wires, large and medium-sized H-shaped steel products, and the construction of a 100-billion-level prefabricated building industrial park after steel. Form an intelligent production line, optimize energy consumption, and be environmentally friendly and ecological, and ultimately realize customized production to create a new steel industry 4.0 modern steel joint enterprise and a 5A-level steel industry tourist attraction.

4. Shanxi Mingfu Steel Company Shanxi Mingfu Steel Company was founded in 1998. It was restructured from the former "Jishan County Local State-owned Ironmaking Plant". On March 24, 2018, it was After the reorganization, Shanxi Mingfu Iron and Steel has continued to increase the pace of technological transformation of production processes, equipment optimization and technological transformation, forming a production capacity of 1.9 million tons of iron, 2.5 million tons of steel, and 2.5 million tons of materials. The main products include: hot-rolled HRB335, HRB400, HRB500 rebar; hot-rolled plain steel bars, high-speed wire rods, billets, etc.

5. Fujian Rongxing Special Steel Company was fully acquired by Xinghua Fortune Group in 2019. It is currently equipped with a 120-ton electric arc furnace, with an annual output of 1.5 million tons of steel and 1.5 million tons of materials. production capacity, including 500,000 tons of alloy steel and special steel. The main products are: hot-rolled I-beam and channel steel, etc. The products have a certain influence in the southern region.

6. Fujian Jinsheng Steel Co., Ltd. was jointly acquired by Xinghua Fortune Group in 2018. It is currently equipped with two 40-ton electric arc furnaces and has an annual production capacity of 1 million tons of steel and 1 million tons of materials. ability. There is a fully continuous rolling bar production line, and the main products are: hot-rolled HRB335, HRB400, and HRB500 rebar. The company's products have been awarded "Fujian Famous Brand Products" and "Fujian Famous Trademarks".