The company was founded on December 29, 2000. The company approved the public offering of common A-shares to the public with the approval of the China Securities Regulatory Commission's Securities Regulatory Commission [2004] No. 80, and was listed and traded on the Shanghai Stock Exchange on June 29, 2004. The company has a complete production process system from coking, sintering, pelletizing, iron making, steelmaking to rolling steel. The company's products include five major series: medium and heavy plate, hot and cold rolling, section steel, special steel, and building materials. Company honors: No. 124th in the “Top 500 Chinese Enterprises” in 2019, No. 45th in the “China Top 500 Manufacturing Enterprises”; won the “Meritorious Enterprise for the 40th Anniversary of the Reform and Opening of the Steel Industry”; “National Environment-friendly Enterprise”, and its products have won honorary titles such as “Gold Cup Award for physical quality of metallurgical products”, “excellent quality products in the metallurgical industry” and “Shandong famous brand products”.