Hunan Bochang Holding Group Co., Ltd.

Hunan Bochang Holding Group Co., Ltd. currently has 8,013 employees. It owns seven subsidiaries: Lengshuijiang Iron and Steel Co., Ltd., Hunan Bochang Real Estate Development Co., Ltd., Hunan Bochang Guarantee Co., Ltd., Huanan Materials Group Co., Ltd., Hunan Bochang New Materials Science and Technology Co., Ltd., Hunan Bochang Jinfu Stainless Steel Co., Ltd., and Shanghai Baohe Industrial Co., Ltd. These subsidiaries operate across multiple industries, covering metallurgy, electric power, logistics, real estate, trade, financing guarantees, construction and installation, machinery repair, ground granulated blast-furnace slag, and iron and steel products. The group has successfully achieved the transformation and upgrading of multiple varieties, fields, industries, and regions.

Under the leadership of Party Secretary and Chairman Chen Daifu, Bochang employees have continuously transformed their mindset, vigorously pursued reforms, relentlessly innovated, and strived with full dedication, achieving rounds of success. The company has embarked on a path of sustained, healthy, and rapid development. The company's annual production capacity has rapidly increased to three million tonnes of iron, three million tonnes of steel, and five million tonnes of steel materials and products.

Over the past fourteen years, the company has cumulatively paid nearly five billion CNY in taxes to the country, created more than 3,500 new jobs for the society, ranked among China's Top 500 Large Enterprises for six years with its highest position of 357th, and ranked among China's Top 500 Manufacturing Enterprises for seven years with its highest position of 188th.

In 2012, the group's sales revenue reached 30 billion CNY, with profits and taxes totaling one billion CNY, and the average annual salary per employee was 46,500 CNY.

Through recent technological upgrades and innovations, the company now offers a complete range of specifications for construction materials, stainless steel composite plates, strip steel, rivet screw steel, fasteners, and other products, mainly including:

6mm–40mm hot-rolled ribbed steel bars; 6mm–20mm hot-rolled plain round steel bars; 8mm–40mm rivet screw steel; hot-rolled medium-wide strip steel, including carbon structural steel with thicknesses of 1.2mm–16mm and widths of 450mm–865mm, and low-alloy high-strength structural steel with thicknesses of 1.2mm–16mm and widths of 450mm–865mm; Ø20mm–Ø140mm steel pipes; galvanized steel strips, including continuous hot-dip galvanized steel sheets and cold-rolled steel sheets with thicknesses less than 16mm; high-strength bolts, screws, studs, and nuts of various types and specifications produced in accordance with international standards; and slag micropowder.

The group has passed ISO9001-2008 quality management system certification. The Bochang-brand threaded steel has received the titles of "National Inspection-Free Product" and "Hunan Province Famous Brand Product." The Bochang trademark has been recognized as a well-known trademark in Hunan Province. The products are widely sold in eastern, southern, central and southern, and southwestern parts of China, with some products exported to Southeast Asia. They are extensively used in large-scale infrastructure and key projects such as national high-speed railways, expressways, and nuclear power plants, receiving high praise from users.

The group adheres to a strategy of focusing primarily on Lengshuijiang Iron and Steel Co., Ltd. while supplementing with other subsidiaries, refining and strengthening its core business, and expanding and strengthening its auxiliary businesses. It combines organic growth with extensional expansion, shifts its development mindset, vigorously implements energy conservation and emission reduction, continuously adjusts its product structure, strongly promotes technological transformation, and transforms the pattern of economic growth. The annual sales revenue of the core steel business has exceeded 20 billion CNY, while the annual sales revenue of non-steel industries has reached 30 billion CNY. Employee incomes are growing in tandem with corporate efficiency, progressively realizing the corporate pursuit of becoming "larger, stronger, more refined, and better"!

Chinese source: hunan.gov.cn; official website of Hunan Bochang Holding Group Co., Ltd.