Zhangjiagang Pohang Stainless Steel Co., Ltd. is referred to as ZPSS. The company is located in the Yangtze River Economic Development Zone of Zhangjiagang City, Jiangsu Province. It is bordered by Shanghai in the east, Nanjing in the west, Yangtze River in the north, and Suzhou and Wuxi in the south, with very convenient transportation. ZPSS was established on February 15, 1997 and was jointly invested and constructed by South Korea's POSCO and Jiangsu Shagang Group. It is a Sino-foreign joint venture specializing in the production of stainless steel.

The company's first phase of cold-rolled stainless steel project was officially started in April 1997 and was completed and put into production on January 22, 1999, covering a total area of ​​more than 120,000 square meters. The total investment in the first phase of the project is US$216 million, and the designed production capacity is 140,000 tons of cold-rolled stainless steel sheets per year.

In order to better meet the needs of users and improve the supply and demand of stainless steel cold-rolled products in China, with the approval of relevant national departments, ZPSS increased its investment on December 14, 2001 and began to build the second phase of stainless steel cold-rolled thin plate project. The second phase of the project started piling on February 22, 2002, and the start-up ceremony was held on March 19. The entire project was fully completed and put into production on September 19, 2003, with an area of ​​more than 208,000 square meters, making the annual production of cold-rolled stainless steel The production capacity of thin plates has reached 400,000 tons, and the product quality and service quality have reached the world's leading level.

In line with the business philosophy of solving the raw material supply problems of cold-rolled stainless steel manufacturers (ZPSS and Qingdao Pohang Stainless Steel Co., Ltd.) invested by POSCO in China and contributing to the development of China's steel industry, it is also to reduce production costs and increase ZPSS For economic benefits, POSCO decided to carry out the expansion project of STS Yizheng Steel Factory based on the first and second phases of ZPSS. The expansion project is located on both sides of the Yangtze River Highway in Daxin Town, Zhangjiagang City, 8Km away from the first and second phases of the project. The project includes three main projects: stainless steel smelting, continuous casting and hot rolling, and the design and production capacity is 600,000 tons of hot-rolled stainless steel plates per year. The products are mainly 300 series and 400 series high value added hot rolled stainless steel. The expansion project was approved by the state on September 8, 2003, and the total amount of the approved expansion investment was US$744 million. The investment ratio is 82.5% of South Korea's POSCO, while Jiangsu Shagang Group accounts for 17.5%. On October 31, 2003, the ZPSS expansion project command headquarters was established and the planning and design of the stainless steel expansion project was started. After 19 months of hard and intensive construction, the expansion project completed the construction process of the Yizheng ironmaking station on July 31, 2006, officially announcing that ZPSS has since become a veritable Yizheng ironmaking station.

The ZPSS expansion project has introduced many advanced foreign equipment and technologies. In terms of equipment, it has the few furnace rolling mills in the world-renowned steel companies, which can produce hot rolled products efficiently and quickly, changing the traditional process of steel companies in the past. At the same time, the company has independently developed advanced equipment that runs through all the company's equipment. The network control platform focuses on the development of three-level network systems such as ERP and MES, which effectively ensures the optimized allocation of the company's overall resources. In order to achieve environmental protection, the expansion project introduced the most advanced equipment dust removal and product recycling system during the construction process, changing the disadvantages of the original steel company only paying attention to production efficiency and ignoring environmental protection interests, and making a decision to build "green steel" Your own contribution.

ZPSS adheres to the investment philosophy of joint development between enterprises and localities, joint development between enterprises and customers, and joint development between enterprises and employees, and carries forward the POSCO spirit of "limited resources and unlimited creativity", aiming to create a world-class enterprise, and for the construction of Zhangjiagang. China's steel industry is working hard without any effort. Since 1999, the company has paid more than 10 billion yuan in various national taxes and fees, and has played a positive role in various public welfare activities across the country and local areas. Within the company, we insist on people-oriented work, promote humanized management, actively develop employee education and welfare undertakings, create an atmosphere of the Pohang family, and cultivate a group of world-class employees. ZPSS is a model of success for foreign-invested enterprises in Zhangjiagang and even across the country, and has received recognition and support from leaders at all levels of the central, provincial and municipal governments.