Ma'anshan Iron and Steel Plant

　　Introduction    　   The Ma'anshan Iron and Steel Plant is one of China's key steel production bases and the largest industrial enterprise in Anhui Province. It currently employs 67,000 staff members. Over the past 50 years, Ma’anshan Steel has made significant contributions to the development of China’s iron and steel industry: in the 1960s, it built China’s first wheel and rim plant, which, along with the “Daqing Oilfield,” “10,000-ton hydraulic press,” and “atomic bomb,” was hailed as one of the four great achievements of China’s industrial sector. It pioneered the civilized production approach of “Three Cleans, Four Nos, No Leaks, Standardization, and One Line,” earning nationwide fame as the “One Flower of the South.”       In the 1980s, it established China’s first high-speed wire rod mill, becoming the cradle of high-speed wire rolling technology in the country. In the 1990s, as one of the first nine standardized pilot joint-stock enterprises in China, it successfully underwent shareholding reform, becoming one of China’s largest international listed companies and earning the reputation of the “No. 1 Steel Stock in China.” In 1998, it built China’s first H-beam production line, filling the domestic gap in large H-beam products.
　　Through decades of hard work, self-accumulation, and steady growth by generations of Ma’anshan Steel employees, the plant now has an integrated production capacity of 10 million tons of iron, steel, and rolled products. It operates leading domestic and world-class production lines for cold and hot-rolled sheet, color-coated sheet, galvanized sheet, H-beam, high-speed wire rod, high-speed bar, and wheel rims. This has led to a new product structure focused on cold and hot-rolled sheet, H-beam, high-speed wire (bar), and wheel rims—collectively known as the “sheet, shape, line, and wheel” portfolio—with total assets reaching 34 billion yuan. Eighty percent of its steel products are produced to international standards, and its products are exported to 48 countries and regions.       In 2004, Ma’anshan Steel produced 8.031 million tons of steel, ranking fifth in the industry; it achieved sales revenue of 27.67 billion yuan, total profits and taxes exceeding 6 billion yuan, and a net profit of 3.79 billion yuan.

　　 Ma'anshan, Anhui