With over thirty years’ development, Beigang has developed into a large-scale modern enterprise group with annual sales income of nearly 40 billion RMB. Its world-wide business scope includes iron & steel, business & trade, foundry processing, chemical industry, heavy trucks, new developments and etc. Its diversified products include pig iron, steel billet, steel products, ductile pipe, steel pipe, urea, heavy trucks, wooden door & window, etc. Its products deep-processing capacity increases steadily and resources allocation is further optimized. Its ownership structure also evolved from single state-owned assets to an inter-mixed diversified structure of state-owned assets, foreign assets, domestic assets of artificial person and domestic individual assets.
At present, the strategy for revitalizing Northeastern old industrial base in China as well as proposals of policies on deepening reform of state-owned enterprises by Liaoning provincial government provides new historical opportunity for Beigang. Beigang put forward the strategic goals of Entering the fiftieth strongest and exceeding the world 500 strongest. By 2010, its annual sales income will reach 150 billion RMB. For the main industries of iron & steel, the iron will reach 9 million tons, steel 8.5 million tons, rolled steel 10 million, DIP 0.8 million tons, chemical fertilizer 2.1 million, heavy trucks 300 and wooden door & window 1.5 million square meters.
For the new era, Beigang takes full advantage of resources, scale, total economic base, management and market, and defines 21 key products for cooperation & joint funding. It will take full advantage of foreign and domestic markets. Through cooperation with large investment institutions home and abroad, strategic investors, large iron & steel companies, chemical industries, machinery, foundry and trading companies home and abroad, in terms of capital, technology, brand, resources, trade, system transformation and going public listing, Beigang can bring investors biggest returns.
In light of principle of not seeking for existence but for development, Beigang is willing to join hands with people from all walks of life as well as foreign and domestic businessmen in order to strive for a prosperous future.