XISCO
XISCO
Xinyu Iron and Steel Group Co., Ltd. is a large state-owned steel joint enterprise with a production capacity of tens of millions of tons and a key industrial enterprise in Jiangxi Province.
The total current assets are 65.3 billion yuan, and there are 17,800 employees on duty, including 4,022 undergraduate or above. There is 1 subsidiary listed company and 85 directly affiliated and controlled enterprises.
On November 9, 2022, the State-owned Assets Supervision and Administration Commission of the State Council approved the joint reorganization of the company and Baowu; on December 23, the shareholder industrial and commercial change registration was completed, Baowu officially became the company's controlling shareholder, and Xingang officially became a first-level subsidiary of Baowu.
After more than 60 years of development, Xinsteel has become a combination of ore mining, steel smelting, steel rolling and extension processing. It has more than 800 varieties and 3,000 products in general steel, special steel, metal products, steel structures, and chemical products. Manufacturing enterprises with multiple specifications. The company's board production capacity reaches 7 million tons/year, with a thickness covering 0.28mm-380mm. All the main equipment of the new steel meets the requirements of the national industrial policy, mainly including 360m2 sintering machine, 2500m3 blast furnace, 210t top-bottom reblowing oxygen converter, 105m/s high-speed wire, 3800mm width thick plate rolling mill, 1580mm hot coil, 1550mm cold continuous rolling, high Production lines such as grade electrical steel and special steel belts.
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