The company has always attached importance to the construction of corporate culture, adhering to the working philosophy of "being strict and demanding, pursuing Excellence", and providing first-class services to customers with professional, modest, diligent and conscientious ideological quality and steady, honest and pragmatic work style.

based on a deep understanding of the national macro-economic and industry development trends and the special cultural background of China's transformation to marketization, with the strong support of shareholders, Huabao Securities has established good relations in the upstream and downstream of the main business of the group and related fields. In important fields such as steel, trade, finance, electric power, transportation, etc., the company has established business relations with a large number of outstanding enterprises in China to help customers achieve their financial goals.

the shareholding ratio of Huabao Investment Co., Ltd. is 59.492%

The shareholding ratio of Huabao Trust Co., Ltd. is 4.5592%

The shareholding ratio of Baosteel Group Co., Ltd. is .316%. Huabao Trust and Investment Co., Ltd. (hereinafter referred to as "the company") was established in 1998, and was approved by the People's Bank of China in 21 for the first batch of re-registration with a registered capital of RMB 1 billion. Baosteel Group Co., Ltd. and Zhoushan Finance Bureau of Zhejiang Province hold 98% and 2% shares respectively.

on April 3, 27, with the approval of China Banking Regulatory Commission, the company became the first trust company to pass the "re-registration" and changed its name to "Huabao Trust Co., Ltd.".

the company adheres to the basic trust concept of "trust by people and loyalty to people", adheres to the principles of compliance and specialization, maintains its core competitiveness in asset management, vigorously develops the original business of low-risk trusts, and focuses on developing structured securities investment trusts, restricted tradable shares trusts, high-credit financing trusts, enterprise annuities, trust investment banks and asset securitization businesses, and occupies a leading position in the industry.

on August 2, 25, the company obtained the first batch of business qualifications of "corporate trustee" and "account manager" for enterprise annuities, which indicated that the company seized the first opportunity in the promising enterprise annuity business competition. On December 1, 26, the CBRC officially approved the granting of the qualification of the company's special purpose trust trustee, and the company became one of the six trust companies in the industry to obtain the qualification of the special purpose trust trustee.

Huabao Industrial Fund Management Company, a joint venture with Socié té Gé né rale, is the second Sino-foreign joint venture fund management company in China and the first one in the trust industry to be allowed to start business.

"Trust Huabao, trust for life." The company strives to become a first-class financial institution in asset management and trust services. By 212, the company ranked among the top three in the trust industry in terms of trust assets scale, trust management fee income and return on net assets. Baosteel Group Co., Ltd. (hereinafter referred to as Baosteel) is a super-large iron and steel joint venture established on November 17, 1998, with Baoshan Iron and Steel (Group) Company as the main body and Shanghai Metallurgical Holding (Group) Company and Shanghai Meishan (Group) Company as the joint reorganization. Baosteel is the most competitive iron and steel enterprise in China, with an annual steel production capacity of about 2 million tons, leading the world in profitability, and its products sell well in domestic and foreign markets. On December 6, 24, Standard & Poor's Rating Company announced that the credit rating of Baosteel Group Co., Ltd. was upgraded from "BBB" to "BBB+". The early outlook of the company's credit rating is "stable". In July 25, Baosteel was named 39th among the top 5 enterprises in the world in 24 by Fortune magazine. In July, 26, Baosteel was named the 296th among the top 5 enterprises in the world in 25 by Fortune magazine.

Baosteel will implement the strategy of high-quality steel products, and will build high-quality steel products bases such as automobile steel, oil and gas mining and transportation steel, stainless steel, household appliances steel, transportation equipment steel, electrical equipment steel, boiler and pressure vessel steel, food and beverage packaging steel, metal products steel, special materials steel and high-grade construction steel in China, and build a research and development base of new technologies, new processes and new materials in China iron and steel industry.

Baosteel implements a moderately relevant diversification strategy, and besides the main steel industry, it also engages in diversified industries such as trade, finance, engineering technology, information, coal chemical industry, steel deep processing and comprehensive utilization.

With the implementation of internationalization strategy, Baosteel has formed a global marketing network composed of nearly 2 overseas and domestic trading companies, established joint ventures and cooperation with international steel giants, and established extensive strategic cooperation alliances to realize complementary advantages and common development.

Baosteel adheres to the people-oriented principle, adheres to the strict and demanding spirit, takes the road of learning and innovation, and pursues the world-class goal.