JISCO Steel was founded in 1958 and is a national key construction project during the ¡°First Five-Year Plan period. It is also the fourth steel joint enterprise planned and constructed by the state after Angang, Wuhan Iron and Steel, and Baotou Steel. Since the establishment of the plant, JISCO Steel has gone through a difficult and bumpy construction process, with iron production in 1970, steel production in 1985, and material production in 1987. At present, it is the earliest and largest-scale modern enterprise group in Northwest my country that develops both black and colored and diversified.

Under the guidance of the party¡¯s reform and opening policy, with the rapid development during the “Ninth Five-Year Plan” and “Tenth Five-Year Plan” and the gradual completion of key construction projects in the “Eleventh Five-Year Plan”, JISCO now has a range of mining, mineral processing, sintering, and coking To complete supporting carbon steel and stainless steel production processes such as ironmaking, steelmaking, hot rolling, cold rolling, etc., three steel production bases including Jiayuguan headquarters, Lanzhou Yuzhong and Shanxi Yicheng are formed, with an annual output of 10 million tons of steel (of which Stainless steel 1.2 million tons) production capacity. In December 2000, “JISCO Steel Hongxing” shares were listed on the Shanghai Stock Exchange. In 2009, the main carbon steel business achieved an overall listing. In 2011, JISCO ranked 144th among the top 500 Chinese enterprises and 66th among the top 500 Chinese manufacturing enterprises.

JISCO Iron and Steel’s main products include two series of carbon steel and stainless steel. The main products include carbon steel series of high-speed wire rods, high-speed bars, medium and thick plates, hot-rolled coils, cold-rolled sheets, and stainless steel series of hot-rolled coils. Hundreds of varieties such as cold rolled sheets. JISCO has passed the ISO9001: 2000 quality management system and ISO14001 environmental management system certification, and the physical and chemical inspections have passed the national laboratory accreditation. Among, Class A, B, and D ship plate steels have been certified by the classification societies of China, Britain, Norway, Germany, and Japan, and the hot-rolled ribbed steel bars have obtained the national product quality inspection exemption certificate. Iron and steel products have won the “Gold Cup Award” of the China Metallurgical Industry Association, the “Quality Excellence Product Award” of the metallurgical industry, and the “Famous Brand Product” of Gansu Province. Welding rod welding wire steel, pressure vessel steel, bridge steel, pipeline steel, container steel, automotive structural steel, cold-rolled base materials, and other products enjoy a wide reputation in the domestic and foreign markets. Products have entered the Yangtze River Three Gorges, Yellow River Xiaolangdi Hydropower Station, Qinghai-Tibet Railway, Beijing Olympic Stadium, Northwest Wind Power Base, high-speed railway project, and other national key construction projects.

Stepping into the new century, JISCO Steel has put forward a scientific development idea to lay a “century foundation” around the realization of healthy, coordinated and sustainable development of the enterprise. Diversified developments related to the main steel business, vigorously expanded the metallurgical industry chain, and the non-steel industry created unique advantages with unique characteristics, and actively cultivated continued growth points. At present, a new pattern for the development of diversified industries such as resource development, non-ferrous metallurgy, coal power chemical industry, building materials, welding materials, equipment manufacturing, modern agriculture, and wine brewing has been formed. Among them, Zixuan Winery, a representative of the non-steel industry, is China’s first wine manufacturer that has passed both international and domestic organic product certifications, and the Zixuan series of wines produced have won numerous awards.

In 2010, Zixuan wine was famous at the Shanghai World Expo. It was designated by the United Nations Pavilion for exclusive use and won the “Millennium Gold Award”. The Zixuan trademark was also rated as a well-known trademark in China. In December 2011, the 450,000 tons of special aluminum alloy energy-saving technological transformation project was completed and put into production, marking that JISCO has taken a substantial step in the diversified development of its main business and industrial transformation and upgrading, becoming the first domestic black and non-ferrous product A metallurgical enterprise with both.
JISCO Steel has successively won the National May 1st Labor Medal, National Advanced Quality Management Enterprise, National Contract and Trustworthy Enterprise, National Excellent Equipment Management Enterprise, National Excellent Enterprise for Ideological and Political Work, National Advanced Grassroots Party Organization, National Advanced Unit for Spiritual Civilization Construction, etc. The honorary title won the “National Civilized Unit” for the third consecutive time. The “Tieshan Spirit” of “hard work, perseverance, dedication, pioneering and forward” formed in the course of more than 50 years of development is listed as one of the six enterprise spirits established and promoted by the national metallurgical system. An excellent corporate culture that is tolerant and open has been formed, laying a good cultural foundation for the further development of the company and the realization of leapfrog development.

During the Twelfth Five Period, JISCO Steel plans to expand and expand the five industrial sectors of steel, equipment manufacturing, specialty metallurgy, energy chemical industry, and modern agriculture, focusing on the development of steel, ferroalloy, equipment manufacturing, resource development, comprehensive utilization, specialty metallurgy, energy chemical industry, and trade, Logistics, and ten major industries of modern agriculture. By 2015, JISCO will strive to achieve an operating income of more than 140 billion yuan, and the per capita income of all employees will double on the basis of the end of the “Eleventh Five-Year Plan” period. The group entered the top 100 of China’s top 500, developed into a pillar and driving enterprise in the province and even in the northwest region, and became an international large-scale enterprise group with core competitiveness and strong comprehensive strength.

In 2011, JISCO’s annual iron, steel, and material output reached 7,113,500 tons, 10,215,600 tons, and 10.110,600 tons respectively, and both steel and steel output exceeded 10 million tons; sales revenue was 84.382 billion yuan, and output value was 64.982 billion yuan. ; Realized industrial added value of 10.01 billion yuan, realized profits of 1.715 billion yuan, and paid a total of 2.939 billion yuan in taxes; the total assets of the group company reached 103.5 billion yuan, ranking first among the provincial regulated enterprises. Hongxing Co., Ltd. in the iron and steel sector was named “Best Listed Company in Gansu Province” and “National Model Enterprise for Advanced Productivity”.

In 2012, JISCO Steel plans to produce 8.6 million tons of iron, 11 million tons of steel, 10.75 million tons of steel, and 600,000 tons of electrolytic aluminum; it will achieve an operating income of 100 billion yuan, an increase of 18.51% year-on-year; and achieve a total industrial output value of 76 billion yuan, a year-on-year increase 16.96%, realizing a total profit of 2 billion yuan, an increase of 18% year-on-year; completing fixed asset investment of 6.1 billion yuan, an increase of 18.3% year-on-year.