Since taking office, he has presided over and participated in capital operations such as the listing of "Pangang Plate", the debt-to-equity swap of Pangang and the debt-to-equity swap of New Steel and Vanadium. He adheres to the goal of maximizing resource efficiency, and relies on scientific and technological progress and technological innovation to optimize technical and economic indicators. Steel production is increasing at a rate of more than 200,000 tons per year. Constantly standardize the corporate governance structure, and strive to build a parent-subsidiary management system with parent-subsidiary companies as the strategic management center, molecular companies as the profit center, and production factories and mines as the cost center. In 2000, 1 1 subsidiary, which implemented the asset management responsibility system, changed from the previous overall loss of 280 million yuan to the overall profit of more than 90 million yuan, becoming a new growth point of Panzhihua Iron and Steel Company.
From 65438 to 0998, Pangang successfully realized the asset reorganization of Pangang Group Plate Co., Ltd., and started the construction of the third phase project with a total investment of 7 1. 1 100 million yuan, and the variety structure was optimized. The company's total assets rose from 21900 million yuan of 20 14 to 32.5 billion yuan, and its net assets rose from 1 1 100 million yuan to 136 billion yuan.