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Current situation of Jiangyin Huaxi Iron and Steel Co., Ltd.

Okay. Jiangyin Huaxi Steel Co., Ltd. is a wholly-owned enterprise of Jiangsu Huaxi Group Company with an investment of 1.1 billion yuan. It will produce 1 million tons of continuous casting billets and 500,000 tons of high-speed wire rods annually in 2022. Annual sales will reach more than 3.5 billion yuan in 2022. The company The equipment is advanced, and the main processes are controlled by computers and PLC. As of April 27, 2023, Jiangyin Huaxi Iron and Steel Co., Ltd. has invested in 5 companies and participated in 97 bidding projects; in terms of intellectual property rights, there are 1 trademark information There are 74 pieces of patent information, and the business situation is relatively good.