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　　During the clevelopment of over past 20 years ,the company maintains the business concept that the staffs are improving with the advancement of the company and profits are made through joint efforts between company and clients ,advocates the enterprise spirits pragmatism,hi-efficiency,creation,perfection,establishes the creative system,strengthens marketing,betters industry structure and cultivates the pillar industries,in this way ,the company company competitiveness is increasing sharply,now the group has the staffs about 1,7000, 24 branches, bsubsidiary companies, 16 shareholding companies, which cover panzhihua city, chengdu, changing municipality, kunming, Beihai belonging to GuangXi Zhuang Autonomous Region. The total capital reached RMB 1,236 billion Yuan.

　　In the term of the ninth-five years, the total output values turnover, tax and profits are growing at the rate of 12.7%, 10.21%, and 14.45% respectively. In 2002, the total output got RMB 994 million Yuan, which turnover, RMB 1,578 Billion Yuan, tax and profits, RMB75.91 million Yuan.

In the ranking list of large-scale companies issued by state Statistics Bureall in 2002, it ranked NO.474, at the same time, was awarded the following titles, an     

advanced unit on quality management, one of the top tens of most largest companies, one of top loos of best profits, one of the top tens of processed companies related to steel transformation.

　　The company takes the Pangang Steel Group as a pillar which is the biggest steel and Fantai base in Southwest China steel-tranforming, new materials, macheines, efficient use of resource, environment profection, motal materials, chemistry materials, have been the predominant industries; Archetecture, automobites tran sportation bussiess printing, garments, restaurants as subsidiaries. About 170 kinds of products can be made, such as spiral-line steel, round steel pipe of square, safety board used in the expressway and assessories, colorful board covered on the roof, aluminum products, COD on-line checking system, filtering bag for dust-cleaning, hanging equipment. High-low pressure electric products, steel fabric, steel balls, mixed iron, mineral srones,magnetic materials, HCL acid,Naco, looming oil, metal-tablet, railway transportating products, printing garments and labor-safety products, which are used in all kinds of fields, architecture, metal transfur mation, environmental protection, IT eletric appliance and chemistry industry