Since Bayi Iron and Steel entered Baosteel Group, it has given full play to its advantages in capital, management, technology and training, and entered the fastest development period in history. First, the scale of production capacity and the level of technical equipment have been greatly improved. The accumulated investment in three years is 20 billion yuan, which makes the ironmaking, steelmaking and rolling equipment of Bayi Steel large-scale. At the same time, the original mining and dressing systems of Aiweiergou Coal Mine, Fuyun Monkou Iron Mine, Hami Yamansu Iron Mine and Cihai Iron Mine were expanded and reformed, and coal mines, open-pit iron mines and underground iron mines with high technical equipment and high management level and effective utilization of resources were built. Second, the product structure has been significantly improved. The output of plate products is increasing, the quality of products among outstanding talents is improving, and the transplantation and development of new products are increasing. Pipeline steel, automobile girder steel, medium plate and other products have filled the gap in the autonomous region and achieved remarkable economic benefits. Third, the management level has improved significantly. Through the technical support of large-scale collaborative management and the establishment of integrated production and marketing system, the management efficiency has been significantly improved. At the same time, on the basis of inheriting the original excellent cultural tradition of the enterprise, it has accelerated the integration with the corporate culture of Baosteel Group and promoted the change of management concept.