Zongheng Steel Company

Answer 1

Zongheng Iron and Steel Company was Hebei Zongheng Iron and Steel Group Co., Ltd. It was a joint venture between China and foreign countries. It was founded in 2003 and was located in the western suburbs of Handan City.

It was a comprehensive iron and steel joint enterprise integrating smelting, iron-making, steel-making, steel rolling, oxygen production, and residual heat and pressure power generation. It had more than 4000 employees and an annual production of more than 2.5 million tons of iron, steel, and materials. It was a large-scale iron and steel enterprise group supported by Hebei Province during the "Eleventh Five-Year Plan" period. It was also a large-scale hot-rolled medium-wide strip production base.

It was now the president unit of Handan City Private Enterprise Association and the vice president unit of Hebei Province Metals Industry Association. The company adopted a large number of mature domestic and foreign processes and technologies. The production process was compact, the layout was reasonable, and the logistics was convenient. The equipment relied on domestic excellent equipment manufacturers and imported advanced foreign equipment. Its main products are high-quality carbon structural strip steel and low-alloy high-strength strip steel of various specifications, which can be used for the production of various products or as the base plate of cold-rolled strip steel.

In 2007, Zongheng achieved 3.01 million tons of strip steel production, sales revenue of 9 billion yuan, and profits and taxes of more than 1 billion yuan. It focused on establishing strategic cooperation alliances and had established long-term strategic cooperative relationships with domestic first-class enterprise groups such as China Steel Group, China Iron and Steel Corporation, China Minmetals Corporation and Zhejiang Materials Corporation. It also built teaching and scientific research practice bases with universities such as Beijing University of Science and Technology.

In terms of management, it had established a variety of management systems centered on different elements, such as the human resource management system centered on the value of human resources. At the same time, he paid attention to the construction of a harmonious enterprise, improved the organization of the party, government, and labor groups, condensed the spirit of enterprise, strengthened the sense of teamwork, and paid social insurance for employees. The coke plant recently completed the maintenance work of No.1 coke trolley, ensuring the operation of the coke workshop. The Group actively implemented the innovation driven development strategy, invested in scientific research and innovation, applied for and obtained a number of patents. In terms of product sales, it gave full play to the role of both domestic and international markets to enhance the core competitiveness of steel coke as its main business. Its product sales covered more than 30 countries and regions.

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