Wuhu Fuxin Iron and Steel Co., Ltd. was established in 2003. Its predecessor was the state-owned Wuhu Fanchang Iron and Steel Plant. In the past few years, with the care and support of leaders and departments at all levels of the province, city and county, the company's production and construction have made great progress, becoming the largest private steel production enterprise in Wuhu City.

Tongling Fuxin Iron and Steel Co., Ltd. was established in 2005 on the basis of the restructuring of Tongling Iron and Steel Co., Ltd. and the overall acquisition of the original Tongling Jingang Iron and Steel Co., Ltd. to attract investment for the municipal government. The steel smelting enterprise is located in Zhouchong Village in the suburbs.