Zhanjiang Iron and Steel Company is a state-owned enterprise. Zhanjiang Iron and Steel Co., Ltd., namely Zhanjiang 10 million tons steel base project, is a major national construction project to reorganize Guangzhou Iron and Steel and Shaogang according to the requirements of the national iron and steel industry development policy. It is a newly-built170,000-ton steel base in Zhanjiang after Guangdong eliminated the backward steel production capacity of170,000 tons and implemented the environmental protection relocation of Guangzhou Iron and Steel Co., Ltd. The main products are automobile plates, packaging materials, and plates needed by Guangdong for household appliances, machinery and construction industries. The main investor of this project is Baosteel Group Co., Ltd., which is a wholly state-owned company and the largest and most modern iron and steel complex in China. For seven consecutive years, he was selected as one of the Fortune 500 companies in the world, and was awarded the title of "2009"? The most respected enterprise in the world? , becoming the only enterprise in Chinese mainland to get this title.