HBIS Group Co., Ltd. (hereinafter referred to as HBIS) is one of the world's largest steel material manufacturers and comprehensive service providers (with an annual crude steel production capacity of 43 million tons). Committed to "high-end, intelligent, and green" development, HBIS is one of China's steel enterprises with the most complete product varieties and specifications, providing the most valuable steel materials and industrial service solutions for various industries. By the end of 2023, HBIS's total assets reached RMB 545.6 billion, with operating revenue of RMB 401.6 billion. In the 2025 Fortune Global 500 list, HBIS ranked 254th with operating revenue of USD 55.8797 billion, marking its 17th consecutive year on the Global 500 list. In recent years, HBIS has embraced the concept of a global full-industry-chain approach, accelerating the transformation from "steel to materials, and from manufacturing to services." Leveraging its world-class technological, equipment, and talent advantages, HBIS is committed to building production bases for high-grade automotive sheet, premium medium and heavy plate, high-quality special steel, and new vanadium-titanium materials, providing customers with green, low-carbon steel and vanadium-titanium material technology solutions. Currently, HBIS has become China's largest manufacturer of steel for home appliances, the second-largest manufacturer of automotive steel, the world's second-largest manufacturer of vanadium-titanium materials, and a leading enterprise in marine engineering and construction/bridge steel. It has received the highest rating of "extremely strong competitiveness" in the comprehensive competitiveness assessment of the steel industry and is China's most internationalized steel enterprise.

HBIS's home appliance steel achieves "full coverage," and its automotive steel enables "complete vehicle manufacturing." Wide and heavy plate products represented by the "Wugang" brand have long been at the forefront of the industry, while "Yanshan" brand high-strength vanadium-containing seismic-resistant rebar is the preferred product for key national projects. HBIS is a domestic leader in nuclear power steel, high-grade home appliance steel, marine engineering steel, high-strength building structural steel, boiler and pressure vessel steel, high-strength vanadium-containing seismic-resistant rebar, and high-strength weathering steel for towers.

HBIS has always upheld the green development philosophy of "harmonious coexistence of people, steel, and the environment." Anchored on the "dual carbon" goals, it took the lead in China in releasing a low-carbon development technology roadmap. By implementing six major technology pathways and building two major management platforms, HBIS strives to achieve carbon neutrality by 2050, continuously leading the industry's low-carbon green development and contributing the "HBIS Solution" to the realization of the nation's carbon peak and carbon neutrality goals.

HBIS's intelligent "unmanned" material yards and other facilities achieve automated, economical, environmentally friendly, efficient, and intelligent operation.

As the world's first example of hydrogen energy applied to large-scale industrial production, HBIS's 1.2-million-ton hydrogen metallurgy demonstration project marks a significant milestone in the transition from traditional "carbon metallurgy" to new "hydrogen metallurgy."

HBIS has established a comprehensive technology R&D platform, boasting 34 innovation and R&D centers, 4 state-recognized enterprise technology centers, 26 provincial-level innovation platforms, 6 "Academician Workstations," and 5 "Postdoctoral Research Workstations." It is equipped with world-class smelting, rolling, and deep-processing simulation pilot facilities, as well as high-end physical, chemical, and mechanical testing equipment, focusing on frontier, common, critical, and major technology research and product development.

HBIS focuses on the intelligent upgrading of steel production lines, advancing the construction of three major information platforms—public service platform, business platform, and big data platform—to empower improvements in production R&D, management operations, and customer service through digital technology.

Leveraging its traffic advantages across the supply chain and customer base, HBIS actively cultivates new business models based on platform sharing, transforming the supply chain into a value chain and profit-generation chain.

HBIS adheres to its technological innovation strategy, integrating and aggregating global technological innovation resources. It conducts in-depth cooperation with prestigious domestic and international research institutions and world-class enterprises, including the Chinese Academy of Sciences, Harbin Institute of Technology, Northeastern University, University of Science and Technology Beijing, Chongqing University, The University of Queensland, CISRI, POSCO, Siemens, and Haier, establishing 34 strategic cooperation platforms that provide vital support for production line upgrades, new material development, intelligent manufacturing, green production, and talent cultivation.

Following its strategic positioning of "global resources, global markets, global customers—building a world-class HBIS," HBIS has become the most internationalized steel enterprise. Currently, HBIS directly or indirectly holds equity in over 70 overseas companies, with controlled overseas assets exceeding USD 10 billion.

Vision for the Future

Group Vision: Committed to building the most competitive steel enterprise and creating a multinational industrial group with extremely strong sustainable development capabilities.

Steel Materials: Building a world-class steel manufacturing and service base, setting a benchmark for green and low-carbon manufacturing and intelligent manufacturing both at home and abroad.

Emerging Industries: Focusing on the development of 10 emerging industries, including new vanadium-titanium materials, metallurgical technology services, hydrogen energy utilization, advanced materials, energy conservation and environmental protection, digital economy, advanced equipment manufacturing, gas preparation services, modern services, and new green building materials.

Overseas Operations: Through the implementation of the "1234" overseas business development action plan—namely, focusing on building "one park, two platforms, three industries, and four bases"—further expanding the Group's competitive advantages in overseas business.

Financial Services: Positioned as comprehensive industrial chain financial services, undertaking the three major platform functions of group financing and capital management, industrial investment cultivation, and supply chain financial services. Through capital operations and professional financial services, the goal is to optimize, strengthen, and expand state-owned capital.

Green Development: Reducing carbon emissions by 10% from the peak by 2025, by 30% from the peak by 2030, and ultimately achieving carbon neutrality by 2050, further establishing HBIS as a model of green, low-carbon, and sustainable steel enterprise and leading the new track of green and low-carbon development.