en.Wedoany.com Reported - Hu Wangming, Chairman of China Baowu Steel Group, conducted inspections in Hubei from July 14 to 15 at Baowu Resources (Chengchao Mine), Zhongnan Steel's Echeng Steel, and Wugang Group. He urged all units to proceed from actual conditions, deepen cost-conscious operations to drive cost reduction and efficiency gains, deepen reforms to achieve deep-seated transformation and development, and respond to external environmental uncertainties with the greatest certainty of their own high-quality development.

On July 14, Hu Wangming first visited Baowu Resources' Wugang Resources (Chengchao Mine) for an inspection, observing the flood and typhoon prevention measures at the Erlichong tailings pond on-site and convening a field office meeting. He affirmed the achievements of Wugang Resources in recent years regarding production operations and the substantiation of regional companies, and urged advancing the next steps around the principles of "more, faster, better, and more economical," including implementing the national "Cornerstone Plan" to accelerate resource exploration and extraction, improving extraction efficiency while ensuring safety and strengthening the production of high-value-added products such as copper and sulfur, balancing development with safety and extraction with environmental protection, and enhancing cost control to boost competitiveness. During the inspection, Hu Wangming also visited the mining shaft at Chengchao Mine to deliver "cooling relief" to underground workers. Wu Bin, Assistant President and General Manager of the Steel Business Development Department; Qin Tiehan, Secretary to the Board and Director of the Office; Wang Qiangmin, Assistant President and Chief Representative for Carbon Neutrality; along with heads of relevant industrial centers and headquarters functional departments, participated in the inspection.

On the afternoon of July 14, Hu Wangming inspected Echeng Steel of Zhongnan Steel, going deep into the steel rolling plant's steelmaking process and the subcritical power generation center, and listening to reports on the study and education of correct performance concepts and production operations. He affirmed Echeng Steel's sustained profitability, enhanced operational resilience, improved capital operation efficiency, and steady progress in product structure adjustment, and urged further strengthening of crisis awareness and urgency, deepening cost-conscious operations, solidly advancing the "three reductions and three improvements" and the "four major costs" improvement projects, accelerating product structure upgrades, strengthening coordination and synergy, and scientifically planning the "15th Five-Year Plan." Wu Bin, Assistant President and General Manager of the Steel Business Development Department; Qin Tiehan, Secretary to the Board and Director of the Office; along with heads of relevant headquarters functional departments and subsidiaries, participated in the inspection.

On the morning of July 15, Hu Wangming visited Wugang Group to inspect production operations, reform and development, and the application of artificial intelligence technology. He affirmed Wugang Group's operational performance in the first half of the year, achieving "half the time, half the task," and believed that the industrial real estate business had achieved specialized and standardized development, with significantly enhanced market-oriented operational capabilities. Hu Wangming urged Wugang Group to focus on two core areas for deepening reforms: resolving historical legacy issues and improving the market-oriented operational mechanism. Leveraging the regional advantages of Wuhan and the industrial strengths of Wugang Co., Ltd., it should scientifically lay out future emerging industries based on serving the core steel business, while simultaneously promoting the deep integration of artificial intelligence with production operations. Li Lina, Member of the Standing Committee of the Party Committee and Chief Accountant of Baowu; Wu Bin, Assistant President and General Manager of the Steel Business Development Department; Qin Tiehan, Secretary to the Board and Director of the Office; along with heads of relevant industrial centers and headquarters functional departments, participated in the inspection.