Hunan Huali Steel Co., Ltd. (hereinafter referred to as "Huali Steel") was jointly initiated by Hunan Huali Steel Group Co., Ltd., and jointly initiated and established with the approval of the Hunan Provincial People's Government. Co., Ltd., listed on the Shenzhen Stock Exchange in August 1999.

Since its listing, Huali Steel has fully grasped the industry's development opportunities, relied on the capital market, and took the lead in implementing an international development strategy. Through equity transfer, it has introduced ArcelorMittal, the world's number one steel company, as a strategic partner. Adhere to the strategy of "being refined and strengthening, regional leading", adhere to the construction of three major platforms: lean production system, integrated sales, research and production operation system, and marketing service system supported by informatization, and establish the adherence to and implementing professional production pattern and cost control. The differentiated development strategy supported by the support, pursues the high-end position of products occupying the segmented market, and is positioned to develop from a steel manufacturer to a "comprehensive service provider for steel products that pursue customer value."

Since its establishment, Huali Steel has invested more than 65 billion yuan to carry out a series of technological transformations around optimizing processes, adjusting product structure, saving energy, reducing consumption, and enhancing competitiveness, realizing process modernization, large-scale equipment, and automation of operation. , lean management. By 2013, the company will have an annual comprehensive production capacity of 16 million tons of iron, 18.1 million tons of crude steel, and 18.3 million tons of steel. Taking cold and hot rolled ultra-thin plates, wide and thick plates, seamless steel pipes with complete large and large diameters, fine wires and other special products as the focus. At present, the production line of plate, pipe and wire series products with advanced equipment at home and abroad has been formed, and the High-tech products such as high-strength sedan steel, high-strength ship plates, high-power thermal and nuclear power extra-thick plates, high-pressure boiler pipes, X80 and above pipeline steel, etc., which are short in the domestic market, are the focus of development, and strive to form strong market competition. The product sequence of strength replaces imports and meets domestic market demand.

In the unprecedented market changes and severe competitive landscape of the steel industry, Huali Steel has focused on the two central tasks of turning losses into losses and getting out of difficulties and transforming and upgrading, insisted on looking inward, deepening institutional and mechanism reform, further tapping potential and creating results, and its operating conditions improved significantly. , profitability is rapidly improved. In 2013, iron, steel and materials achieved 14.17 million tons, 14.99 million tons and 14.32 million tons respectively, achieving sales revenue of 59.7 billion yuan and profit of 166 million yuan, and a year-on-year loss of 3.523 billion yuan.