China Baowu Steel Group Corporation Limited (hereinafter referred to as “China Baowu”), established by consolidation and restructuring of former Baosteel Group Corporation Limited and Wuhan Iron & Steel (Group) Corporation, was officially unveiled on December 1st, 2016. On September 19th, 2019, China Baowu consolidated and restructured with Ma Steel. China Baowu is a pilot enterprise of state-owned capital investment companies with a registered capital of RMB52.79 billion, an asset scale of over RMB860 billion. In 2019, China Baowu continued in maintaining its industrial leadership position with realized steel productivity of 95.46 million tons, gross revenue of 552.2 billion yuan, and total profits of 34.53 billion yuan. Its operation scale and profitability were ranked the first in the globe, making itself 111th among Global Fortune 500 companies.
With the Great honor Shanghai Metallurgy Equipment Group become the qualified supplier of Baosteel since 2019. SME’s frequency converters have run stably for more than one year at the water treatment plant of the Energy Center of Baowu Group, and receive the top praises. We will also gain other valuable cooperation opportunities.
With the Great honor Shanghai Metallurgy Equipment Group become the qualified supplier of Baosteel since 2019. SME’s frequency converters have run stably for more than one year at the water treatment plant of the Energy Center of Baowu Group, and receive the top praises. We will also gain other valuable cooperation opportunities.
China Baowu Steel Group Corporation Limited (hereinafter referred to as “China Baowu), established by consolidation and restructuring of former Baosteel Group Corporation Limited and Wuhan Iron & Steel(Group) Corporation, was officially unveiled on December 1st, 2016. On September 19th, 2019, China Baowu consolidated and restructured with Ma Steel.China Baowu is a pilot enterprise of state-owned capital investment companies with a registered capital of RMB52.79 billion, an asset scale of over RMB860 billion. In 2019, China Baowu continued in maintaining its industrial leadership position with realized steel productivity of 95.46 million tons, gross revenue of 552.2 billion yuan, and total profits of 34.53 billion yuan.Its operation scale and profitability were ranked the first in the globe, making itself 111th among Global Fortune 500 companies.
