Baosteel Group Xinjiang Bayi Iron and Steel Co., Ltd. (formerly known as "Xinjiang Bayi Iron and Steel Group Co., Ltd.") was established in September of 195 1 year. It was founded by Wang Zhen, a proletarian revolutionary general of the older generation, who led the officers and men of the People's Liberation Army stationed in Xinjiang to work hard and save food. Originally, it was a state-owned backbone enterprise and a large taxpayer in the autonomous region, which made important contributions to the economic and social development of the autonomous region.
Bayi Iron & Steel is the abbreviation of Baosteel Group Xinjiang Bayi Iron & Steel Co., Ltd., and also the abbreviation of shares of listed companies in Shanghai Stock Exchange. The stock code is 60058 1, which is the largest iron and steel enterprise in Xinjiang.
Bayi Iron and Steel Co., Ltd. is a joint-stock company jointly funded by Bayi Iron and Steel Group, Handan Iron and Steel Group Co., Ltd., Nanjing Lianqiang Metallurgical Group Co., Ltd., Xinjiang Huashun Industry and Trade Co., Ltd. and Xinjiang Uygur Autonomous Region Technical Transformation Investment Company. The registered capital is 279,427,850 yuan. Bayi Iron & Steel Group, the main sponsor of Bayi Iron & Steel Group, is engaged in iron and steel smelting, rolling, processing and sales, including assets and liabilities of converter workshop, continuous casting workshop, crown block workshop, mechanical transportation workshop and branch factory departments of steel mills; Assets and liabilities of small rolling mills and sales companies; The assets and liabilities of the 650 workshop and the branch factory of the Second Rolling Mill and the current assets and liabilities of the wire rod workshop were converted into 256,677,850 shares of state-owned legal person according to the stock exchange ratio of 654,388+0.65 and the assessed net assets of 394,889,000 yuan. Handan Iron and Steel Group Co., Ltd. and Xinjiang Uygur Autonomous Region Technical Transformation Investment Company converted 654.38+0.65 yuan and 5 million yuan in cash into 6.5 million shares and 3.25 million shares of state-owned legal person respectively. Nanjing Lianqiang Metallurgical Group Co., Ltd. and Xinjiang Huashun Industry and Trade Co., Ltd. both converted 65,438+0,000,000 yuan in cash into 65,438 shares.
With the care and support of the Party committee and government of the autonomous region, Baosteel Group and the people's government of the autonomous region signed the Capital Increase and Restructuring Agreement of Bayi Steel on June 65438+1October 6, 2007. Baosteel Group increased its capital by 3 billion yuan to reorganize Bayi Iron and Steel. On April 28th, Baosteel Group Xinjiang Bayi Iron and Steel Company was officially unveiled, and Bayi Iron and Steel became the holding company of Baosteel Group. Bagang currently has 39,000 employees and total assets of 23.6 billion yuan, with an annual output of 4 million tons of steel. In 2007, it is estimated that the steel output will reach 4 million tons, and the sales revenue will reach 1 654,38+0.8 billion yuan.
operate
After continuous exploration and improvement, Bayi Steel has formed a management model with its own characteristics to meet the needs of modern socialized mass production and market competition. Bayi Iron and Steel implements three levels of management: (group) company, subsidiary and manufacturer. (Group) companies are responsible for decision-making and macro-control, subsidiaries are responsible for managing and creating profits, and manufacturers are responsible for production and completing cost plans, performing their respective duties and cooperating with each other. The company fully implements centralized and consistent management and information management, and has developed and established centralized and unified information office system, human resource management system, fund planning management system, material management system, financial system, sales system and production system, all of which are networked, which can realize remote control and leadership of mobile office in different places, greatly improving management efficiency and level. While strengthening management, Bayi Steel successfully completed the reform of labor and employment system, cadre and personnel system and income distribution system. Since 2002, after summing up and refining, Bayi Steel has also built its own corporate culture concept system, which has played a positive role in promoting the management level of enterprises through vigorous publicity. At present, in order to meet the needs of enterprise development, Bayi Steel is actively promoting the reorganization of main and auxiliary industries. Schools and hospitals are handed over to the government, and auxiliary units are separated from Bayi Steel, independent and responsible for their own profits and losses.
equipment
During the Tenth Five-Year Plan period, Bayi Steel concentrated its efforts on the large-scale technical transformation of the old system, and successively built three blast furnaces, three coke ovens, two capacity-expanding transformation converters, a new set of bar units and a new set of self-provided thermal power plant and oxygen generator units, which greatly improved the production capacity and equipment level of the old system and enabled the old system to form an annual production capacity of 3 million tons of high-quality bars. In terms of resource development and raw material base construction, during the Tenth Five-Year Plan period, two iron ore production bases were built in Hami and Altay, a local pellet production line of10.2 million tons/year was built, the Aiweiergou mine was expanded and 2.4 million tons of coal washing plant was invested, a coal washing plant was built in Fukang area, and a scrap metal recycling base was established in Urumqi North Station. In recent years, with the strong support of the leaders of the autonomous region and relevant departments, Xinjiang Coking Coal Group, Xiyu Cement Company and Xinjiang Metal Materials Corporation have been integrated into Bayi Steel, and Shenlong Coal Mine has also been restored and expanded by Bayi Steel, greatly enhancing the resource support capacity of Bayi Steel.
level
Since 2002, Bayi Steel has invested a lot of money to build a new system. After nearly four years' efforts, projects with international and domestic advanced levels, such as color coating, zinc plating, cold rolling, 1 100 ton electric furnace and 1750 hot rolled strip steel, have been completed and put into operation one after another, ending the history of Bayi Steel only producing construction steel. Hot-rolled, cold-rolled, color-coated galvanized and other high value-added plate products have entered the market, and the production of excellent steel and metal products has also made great progress, the product structure has been strategically adjusted, and the market competitiveness has been greatly enhanced. At present, Bayi Steel is working hard to build a new steelmaking system and ironmaking system. The main projects include two 2500m3 blast furnaces, three120t converters, four 55-hole coke ovens, two large sintering machines, raw material yards and other related supporting facilities. Tooling and equipment will enter the ranks of large-scale. During the 11th Five-Year Plan period, with the support of Baosteel Group, Bayi Steel will also build a set of 4.2m and 3.5m plate mills, rebuild and build a bar production line, and build three 40,000m3 oxygen generators. Small sintering machines, small blast furnaces and small converters in the old system will be phased out year by year according to the requirements of national industrial policies. By the end of the Eleventh Five-Year Plan, Bayi Steel will have an annual production capacity of 8 million tons of steel, and its product structure and enterprise strength will reach a new level.