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Hangzhou Iron and Steel Group Profile
Hangzhou Iron and Steel Group Co., Ltd. was founded in 1957 and is a large state-owned enterprise in Zhejiang Province. It is also the first modern steel enterprise in Zhejiang. It has been ranked among the Fortune Global 500 for many consecutive years. The group has established a "2+2" industrial layout, with steel manufacturing and modern circulation as its advantageous pillar industries, and digital technology and energy conservation and environmental protection as its strategic emerging industries. It has two listed companies, Hangzhou Iron and Steel Co., Ltd. and Feida Environmental Protection Co., Ltd.
The group actively promotes industrial transformation and upgrading, has shut down the old steel base in Shanshan, and has built a green and intelligent steel manufacturing base relying on Ningbo Iron and Steel. At the same time, it has developed digital economy based on the Shanshan plant area, and has laid out computing power centers, computing equipment, and industry cloud services to achieve the transformation from "steel production" to "data processing". The environmental protection sector focuses on ecological governance, solid waste resourceization, and new energy fields, while the modern circulation sector has established a commodity supply chain service system.