Founded in 1986, Hebei Jinxi Steel Stock Co., Ltd. is located in Santunying town, Qianxi county, Hebei province. It jointly invested with Hong Kong Jiaxin Company in December 2001 and registered as a Sino-foreign joint venture. In March 2004, it was on the market of Hong Kong Exchanges. Collecting 1925 million HKD of capital, it is the first steel enterprise of Hebei province that is on Hong Kong market.We today have 7000 employees and we are provided with one 100T converter, two 40T converters, six 450m3 blast furnaces, 200m3 and 265m3 banded sinters, three 10m2 ball shaft furnaces, two 15000m3/h oxygen makers, one 10000m3/h oxygen maker, one 25000KW/H coal gas generator, two 3000KW energy-saving and environment-friendly coal gas generators, one 1 million-ton narrow-banded steel assembly line and one 1 million-ton mid-banded steel assembly line. The whole production procedure is featured by advanced, pragmatic, high efficient and high science and technology content. We are capable of producing 4 million tons of steels and irons respectively, 3 million tons of roll steels and generating 250 million KW/H of electricity. Major products are continuous casting steel billets (1502, 165*225,material Q195-Q235, HRB335, Q195K wheel load steels and other varietal steels), heat steel rolling belts (232-272*2.0-4.0, 500-735*2.75-11.75, varietal steels).
Our company was awarded with a great deal of honors such as the Enterprise with Most Potential to Grow, Top 500 National Profitable Enterprises, Top Ten Enterprises in National Key Industries, Credit AAA Chinese Unit, Top Ten Steel Enterprises of Hebei Province, Star Enterprise of Hebei Province and beyond. In the year of 2003, it was chosen as the director unit of China Steel and Iron Industry Association and, in 2005 it amounted 277 among the top 500 Chinese enterprises and 9 in Hebei top 100 enterprises.
In accordance with state industry policies and in line with the guideline of “Focus on Variety, Quality and Integration”, and adhering to the idea of “Adjust in Developing and Develop in Adjusting”, we boost up adjustment on product structure and unceasingly escalate comprehensive competitiveness of the enterprise and, have set up a H-type steel assembly line with 1 million tons of annual production. This project, with 2.4 billion yuan of investment, is the key project of Tangshan city of Hebei province in 2004. It is in two phases: one is the auxiliary project of H-type steel with 800 million yuan investment and has been put into production from August 2003; the second is the main work project with 160 million yuan investment and the construction is to be started in February 2005 and expected to be completed in the first half year of 2006. Sooner the project put into production, than is it to increase 2.5 billion yuan of sales income and 500 million yuan of profit tax annually.
For forging the company an “Economic Flagship” in local area, Jinxi scheduled to further enhance its technique reform and enlarge investment during the Eleventh Five-year Plan period. We invested 3 billion yuan to construct H-type steel series of product projects, which further optimized product structure. With 5 million tons of steel modules of annual production, our company has become the largest production base for H-type steel series of products. We aim to make greater contribution for developing national economy and building up a harmonious society.