Hunan Valin Steel Co., Ltd.
华菱钢铁
000932
Shenzhen Stock Exchange
Company Profile
In terms of equipment, the company experienced high starting point, high strength and large-scale technical upgrading, we have formed modern production lines represented by Valin Xiangtan Steel 5m wide and heavy plate, Valin Lianyuan Steel 2250mm hot strip mill and cold rolling mill, and Valin Hengyang Steel pipe Φ2250mm large diameter rolling mill, VAMA PLTCM and CGL line. The company has realized the process modernization, large-scale equipment, operation automation and lean management, and the process equipment has reached the leading level in China. In terms of product structure, first, we help our country to build the pillars of a great power, and add fame to the super projects. In the field of energy, oil and gas, it supplies steel for projects such as Shenhua’s coal-to-oil project and Yamal project of Russia. In shipbuilding and marine engineering, we are the main supplier of the global Top 3 shipyards, China Shipbuilding Group, Hyundai and Samsung. We supply products to the world's largest wide shallow draft semi-submersible barge. In the field of high-rising building and bridges, we have won the bid for landmark projects such as Beijing Daxing International Airport and Abu Dhabi International Airport. In the field of construction machinery, we are the largest supplier of medium and heavy plates to Caterpillar, the world's largest construction machinery manufacturer. We are also the main supplier of domestic construction machinery giants Zoomlion, Sany and Xugong. Second, we will continue to make efforts in the field of new energy and new materials. Among them, in the field of transformer and NEV motor, Valin Lianyuan Steel has achieved full coverage of electrical steel substrates to common GO, upgraded GO and high magnetic induction orientation grades. In the field of high-strength automotive sheets, the joint venture VAMA has achieved synchronous sharing of new technology and releasing new products to the market in pace with ArcelorMittal, a global excellent steel company, with Usibor ®1500 high-strength ultra-light automotive steel sheet with high strength up to 1500MPa as the main product. Usibor ®2000 supplies the flagship models of OEMs in batches, helping automakers achieve the highest safety rating of vehicles, and more effectively improve vehicle anti-collision, safety and energy efficiency. In the field of electric heavy trucks, Valin Lianyuan Steel and Sany jointly launched the new 980MPa lightweight chassis and girder electric heavy trucks, to implement comprehensive national carbon reduction policy and so on. Third, the wire rods and bars continues to transform to special steel. Relying on small and medium bar quality improvement projects, Valin Xiangtan Steel has taken important steps around passenger cars, rail transit, machinery manufacturing and other industries to develop new products, expand new customers, and take important steps in the grades and product mix. In terms of R&D and innovation, the company continues to increase R&D investment, build R&D platform, and promote the construction of an integrated system of marketing, R&D based on integrated product development (IPD). In the construction of R&D system, the company continues to improve the de-centered and de-hierarchical matrix technology R&D system with market-oriented, innovation as the engine and quality as the cornerstone, enhance the R&D capability of our own R&D center, and with the help of external intellectual resources, form an collaborative innovation system to involve production, university and research institute with complementary advantages, clear division of labor and risk-sharing, and build a diversified innovation platform. In terms of institutional mechanism and talent introduction, the company sets up an IPD project team with R&D, production, sales and marketing as one, requiring the project team to deliver results in 3-6 months, and to give certain commission incentives to project team members in the whole life cycle of product development, so as to promote the rapid landing of product R & D achievements. This model greatly enhances the "viscosity" between users and steel mills, realizes professional customization, accurate supply, and further enhances the competitiveness of the company's products. In terms of green and low carbon emissions, we will continue to make more investment in environmental protection and carry out ultra-low emissions transformation of key processes such as ironmaking, steelmaking, sintering and coking to reduce pollutant emissions. Subsidiaries Valin Xiangtan Steel, Valin Lianyuan Steel and Valin Hengyang Steel are the first batch of steel players in China that are recognized as to meet the "normative conditions of Iron and Steel Industry". Valin Xiangtan Steel and VAMA are on the list of national "green factories", and Valin Xiangtan Steel is also awarded as "National 3A tourist Scenic spot", Valin Hengyang Steel as "Green Factory" of Hunan Province and "demonstration Unit of Hunan Green Manufacturing system". Yangchun Xingang won the title of "National Environment-friendly Enterprise" and was awarded as "Environmental Protection Integrity Enterprise" by Guangdong Provincial Ecological Environment Department for the fifth year consecutively. At the same time, the company speeds up the pace of green and low-carbon transformation, promotes process waste heat, pressure, residual energy and steam recovery for power generation, reduces fossil energy consumption, and actively pays attention to the lightweight emission reduction needs of downstream industries such as automobiles and construction machinery, to provide it with more abundant high-end products and lightweight solutions to help downstream customers save energy and reduce emissions. In terms of regional market, the company is located in south-central China, connecting the Pearl River Delta to the south and the Yangtze River Delta to the east. The company is located in the region of net inflow of steel, with high industry concentration and orderly supply and demand. With the rise of central China, the Yangtze River economic belt, "Belt and Road Initiative", Guangdong-Hong Kong-Macau Greater Bay Area and other national strategies, Hunan and its surrounding areas, especially Guangdong, Hubei, Chongqing and other places, construction machinery, automobile, equipment manufacturing and other manufacturing industries are developing rapidly. In particular, Hunan vigorously implemented the “developing three hubs and making four-pronged achievements” strategy and actively expanded effective investment. Efforts will be made to build a national first-class metallurgical base, the advanced manufacturing highland of Hunan Province and the construction of a modern industrial system, which will continue to provide good support for the downstream demand of steel.
Full description
The company's principle business is the production and sales of steel products. The company adheres to the strategy of "being lean and strong and taking a dominant position in the region", implements the three major reforms of “quality, impetus and efficiency”, continuously improves the "three strategic support systems" of lean production, the integration of marketing, R&D, and marketing services. We base on market segmentation and aim at landmark projects and benchmark customers. We are committed to providing steel products and services which satisfy global customers. The company has operations in Xiangtan, Loudi, Hengyang and Yangjiang in Guangdong Province, with technical equipment for the full process of coking, sintering, iron-making, steel-making, steel rolling and fabrication. We play a leading role in the main equipment and production technique in the industry. The products cover nearly 10,000 varieties and specifications of four series, wide and heavy plate, hot and cold rolled coils, wire rods and bar, and seamless steel tube. The products have wide and extensive coverage of product mix and downstream industries. We have strong flexible production switching ability for the key varieties. We mainly outsource the raw materials like iron ore, coking coal, coke etc. Among them, iron ore mainly depends on imports, mostly from Australia, Brazil and South Africa; coking coal is mainly purchased in China, a small volume of imports; coke is mainly purchased in China. Domestic market domains the sales of our products, and export has a small share. Among them, value-added grades are mainly direct supply.