Jiangsu Shagang Group Co., Ltd. (hereinafter referred to as "Shagang") is located in Zhangjiagang, an emerging port and industrial city on the bank of the Yangtze River, and in the central area of the Yangtze River Delta Economic Belt, the most economically developed area in China. It is close to Shanghai in the east, Suzhou in the south, Changzhou in the west, the Yangtze River in the north, and the Shanghai-Suzhou-Tongjiang River Bridge in the north. It has 10 kilometers of coastline along the Yangtze River, with convenient land and water transportation and unique geographical advantages.

Shagang was founded by 450,000 yuan of self-raised capital in 1975. Since its establishment, Shagang has persisted in positioning itself at the international advanced level, built itself into a first-class iron and steel enterprise, vigorously promoted scientific and technological innovation, management innovation and mechanism innovation, and achieved sustained, steady and efficient development. At present, the headquarters of the company has total assets of 148 billion yuan, more than 15,000 employees. Shagang has been awarded various honorable titles for its achievements， such as “National Honorable Enterprise in 40 Years of Reform and Opening up of steel industry in China”, “National Customer Satisfied Enterprise in China”, “National AAA Enterprise with good quality, service and credibility”, “National Innovative Enterprise”, “Benchmarking Enterprise for Green-development”, “National Rewarded Enterprise for Philanthropy”, “National Integrity Enterprise”“ High Quality Development Benchmarking Enterprise in Jiangsu Province”, “High-tech Enterprises in Jiangsu Province "” Quality Management Award in Jiangsu Province” and “Demonstration Unit of Informatization and Industrialization in Jiangsu Province”.

In recent years, through unremitting technological transformation, the elimainate backward capacity, the main production company has realized the large scale, specialization of production line equipment, production automation, information management, has a collection of sintered pellets, coking, iron, steel, hot-rolled, cold-rolled, Castrip and supporting and auxiliary facilities such as a complete set of advanced production technology and equipment, it’s also the country's largest electric furnace steel production base, the largest single scale iron and steel enterprises in the country. The main products are "Shagang" brand heavy plate, hot strip coil, cold-rolled plate, Castrip, high-speed wire rod, coiled bar, ribbed steel bar, etc., which have formed more than 70 series, over 700 varieties and 2000 specifications. Of which high speed wire rod, cold-rolled plate, plate,strip coil etc. won the title of " National Advanced Level of Physical Quality ", ribbed reinforced certified by CARES, Castrip won the title of " High-Quality Producr in Jiangsu Province", strip coil, heavy plate, cold rolled, and other products by JIS certification, heavy plate, strip coil also through the European CE certification, ship building plate get 20 classification society certification, rods, coils and cold rolled products through IATF16949 automotive steel quality management system certification. Products are widely used in aerospace, ocean engineering, high-rise buildings, bridges, pipelines, petrochemical, automobile, home appliances, food packaging and other industries, exported to East Asia, South Asia, Europe, North America, South America, Oceania, Africa and other more than 90 countries and regions.

In 2020, in the face of COVID-19 epidemic outbreak and raw materials rise in price, in the leadership of the Party Committees and governments at a higher level and the social from all walks of life, focus on the general requirements and annual task from the board of “Four Year’s” , run in parallel of epidemic prevention & control and production & management, through measures such as ensuring production stability and optimizing production lines, reducing costs, tapping potential and increasing efficiency, strengthening technological innovation and product upgrading, and promoting management reform and consolidation and upgrading, The annual sales revenue reached 114.8 billion yuan, Shagang has maintained a stable development trend on the whole.

Looking forward to the 14th Five-Year Plan, Shagang will constantly improve and implement the new development concept and building a new development pattern, creating first-class steel around the world. Steel business and improving non-steel industry are two main developing items, meanwhile benefits, efficiency and talents are core values, stimulating the energy of production, trade, logistics, investment and big data comprehensively, creating and expanding new enterprise competitive advantage constantly. We will comprehensively accelerate the enterprise high quality development, in order to achieve the wills of "Steel Power” and century Shagang with evergreen foundation.