Hunan Iron & Steel Group Co., Ltd.

The Hunan Iron & Steel Group Co., Ltd. was founded on March 7, 2022, formerly known as the Hunan Valin Iron & Steel Group Co., Ltd. It is a large-scale enterprise jointly organized by Hunan Province's three major iron and steel enterprises — Xiangtan Iron & Steel Co., Ltd., Liangyuan Iron & Steel Co., Ltd., and Hengyang Valin Steel Tube Co., Ltd. — at the end of 1997. The group has played a remarkable role in the development and advancement of Hunan's iron and steel industry over the past six decades, creating a magnificent chapter in its history. It has two listed companies — the Hunan Valin Iron & Steel Co., Ltd. and the Hunan Valin Wire & Cable Co., Ltd., a joint venture — the Valin ArcelorMittal Automotive Sheet Co., Ltd. (VAMA) with ArcelorMittal, and many other subsidiaries. The group has realized an annual revenue of 236 billion yuan in 2023, a year-on-year increase of 7.2%. Its profitability entered the top rank of the industry, shortlisted for the Fortune Global 500 list for two consecutive years.

The group's main technical equipment and production processes have taken the lead nationwide and entered the advanced level worldwide. The products cover more than 7,000 kinds of specifications in 10 categories, such as wide plate, cold and hot rolled sheet, seamless steel pipe, and wire rod. The Valin Iron & Steel Co., Ltd., Xiangtan Iron & Steel Co., Ltd., Lianyuan Iron & Steel Co., Ltd., Hengyang Steel Tube Group Co., Ltd., and other wholly-owned and holding subsidiaries, obtain total assets of more than 157 billion yuan. The Hunan Iron & Steel Group Co., Ltd. is the first of its kind in Hunan Province whose annual sales revenue exceeds 100 billion yuan and 200 billion yuan successively.