Shanghai Baosteel is a state-owned enterprise, its full name is Baoshan Iron and Steel Co., Ltd. Looking back at history, in February 2000, Baosteel Co., Ltd. was exclusively founded by Shanghai Baosteel Group Company. In February 2017, it completed the share exchange and merger of Wuhan Iron and Steel Co., Ltd. Later, it became one of the steel companies with the most complete range of carbon steel products in the world and one of the technological innovation demonstration companies.

1. Introduction to Baosteel

It is the world's leading modern steel conglomerate. With the vision of being a listed company with the most investment value, it owns Shanghai Baoshan, Wuhan Qingshan, Zhanjiang Dongshan, and Nanjing Meishan. and other major manufacturing bases, working together with all parties to give full play to their respective advantages and system capabilities, and established a marketing and processing service network covering the country and the world.

As a core enterprise of China Baowu Steel Group Co., Ltd., a Fortune 500 company, it plays a role in collaborative innovation, overseas project construction, smart manufacturing, green and low-carbon and other fields, deepens pragmatic cooperation, and independently The new generation of high-strength automotive steel, oriented silicon steel, high-grade steel for home appliances, steel for energy and marine engineering, steel for bridges and other high-end products developed are at the internationally advanced level, and a marketing and processing service network covering the country and the world has been established.

II. Development History

1. In July 1993, "Shanghai Baoshan Iron and Steel Plant" was renamed "Baoshan Iron and Steel (Group) Company".

2. In November 1998, Baoshan Iron and Steel (Group) Company merged with Shanghai Iron and Steel and Meishan Iron and Steel to form Shanghai Baosteel Group Company.

3. In February 2000, Baosteel Co., Ltd. was exclusively founded by Shanghai Baosteel Group Corporation. In December of the same year, Baosteel Co., Ltd. was listed on the Shanghai Stock Exchange.

4. In May 2004, the stainless steel project of Baosteel Group Shanghai First Steel Co., Ltd. was officially completed and put into operation.

5. In April 2005, it acquired some assets and equity of Shanghai Baosteel Group Corporation to realize the integration of steel business.

6. From 2013 to 2014, it increased capital twice to Zhanjiang Iron and Steel.

7. In February 2017, China Baowu Iron and Steel Group Co., Ltd. was established through a share exchange and absorption merger with Wuhan Iron and Steel Group Co., Ltd.

8. In 2018, Baowu Group continued to maintain its leading position in the industry.

9. In June 2023, Baosteel released the “Green Waste-Free Urban Steel Plant” implementation plan to strengthen the construction of the “Waste-Free City” system.

Summary

Shanghai Baosteel adheres to the road of high-end, green, intelligent and efficient intensification. With its leading advantages in aspects, it shoulders the mission of building an industrial ecosystem and creating a new green future, making positive contributions to the technological progress and sustainable development of the steel industry, and striving to become "the most competitive steel company in the world" and the vision of “the most investment-worthy listed company”.