Since its establishment in 1958, after more than 40 years of construction and development, Tonghua Iron&Steel Group Co.,Ltd. has formed a company with mining, mineral processing, sintering, coking, ironmaking, steelmaking, steel rolling, refractory materials, power, transportation, machinery manufacturing, construction and installation, Metallurgical design and other comprehensive supporting large-scale enterprise groups have formed a product system of building materials and mechanical processing materials with complete specifications and varieties, and have a comprehensive production capacity and scale of annual output of 2.1 million tons of steel. Its main production equipment has 44 sets, of which 7 sets belong to the domestic advanced level, including advanced production lines with high-speed wire rod, small continuous rolling, section steel continuous rolling and steel strand as the main body. The main products are: foundry pig iron, steelmaking pig iron, steel billet, round steel, rebar, angle steel, channel steel, flat steel, high-speed wire rod, ordinary wire rod, seamless steel pipe, laminated thin plate, etc. Products produced the trust of foreign users has passed the B/T19002-ISO9002 standard 2000 quality system certification, and 17 products have been awarded the titles of Ministry and Province Excellence.

Among them, hot rolled ribbed threaded steel bars have won the honor of national inspection-free products, low-carbon steel hot-rolled round wire rods, high-quality carbon steel hot-rolled round wire rods, HRB335 ribbed steel bars, hot-rolled equilateral angle steel, and carbon structural steel hot-rolled round wire rods. Seven products including steel won the National Gold Cup Award, and eight products won the title of Provincial Famous Brand. At the same time, Tonggang products are widely used in high-rise buildings, highways, bridges and tunnels, power and water conservancy projects, and mechanical processing industries, enjoying a high reputation at home and abroad. Many national and provincial key projects at home and abroad have widely used Tonggang products. In 2002, 75% of Tonggang's products were sold in Northeast China, and some products were sold in North China, East China, South China and foreign markets. Among them, Tonggang's products have a market share of about 35% in the three northeastern provinces, and about 2% in the national building materials market. In terms of export, Tonggang exports a certain amount of products to more than a dozen countries including South Korea, North Korea, Vietnam, Thailand, Singapore, Malaysia, and Cuba every year, and has been widely recognized by foreign customers. Changchun Bethune Medical University Second Hospital Building, Harbin Airport Road, Expressway, Shenyang International Airport, Beijing Fourth Ring Road and other provincial key projects, as well as national key projects such as Beijing National Grand Theater, Hangzhou Xiaoshan International Airport, Shenzhen Metro and other national key projects after using Tonggang products All gave good reviews.

As of the end of 2002, the company's registered capital reached 2.361 billion yuan, with total assets of 6.45 billion yuan. There are 36,800 employees. In 2002, it realized profits and taxes of 508 million yuan and a profit of 105 million yuan. It has formed a comprehensive production capacity of 2.1 million tons of steel, ranking 23rd among 65 key large and medium-sized iron and steel enterprises in the country, and 101st among the world's 2 million-ton-plus iron and steel enterprises.

Over the past few years, Tonggang has successively won the titles of National Excellent Enterprise of After-sales Service, National Enterprise with No Quality Complaint, National Advanced Enterprise of Quality and Benefit, Demonstration Enterprise of "Prospering the Enterprise with Quality and Striving to Create a Famous Brand", Advanced Enterprise of Quality Management, and "AAA" of China's Quality and Service Reputation Honorary titles such as Class Enterprise, Integrity Management Unit, China's first batch of management innovation demonstration enterprises, the most influential famous brand enterprise in the 20th century, the National May 1st Labor Award, and the National Excellent Enterprise in Ideological and Political Work.

As an enterprise in the process of strategic adjustment, facing the strong competition in the steel industry after China's accession to WTO, Tonggang continuously improve the leap-forward development idea of "making the main business more refined and stronger, and non-main business becoming bigger and stronger", and has determined the grand development goal of building a strong and prosperous Tonggang in the new century. Taking this as a starting point, scientifically planned the "two-step" development strategy of relying on connotation potential tapping and extension increment to realize rapid rolling development during the "Tenth Five-Year Plan" period. Focusing on this development blueprint, the hot-rolled ultra-thin strip project is the key point The technical upgrading project was fully launched. The organizational structure, technological structure and management structure of the enterprise are rapidly developing. According to this plan, Tonggang will take about two years to form four modernized continuous rolling production lines of plate, wire, rod and type with domestic and international advanced levels. With a comprehensive economic scale of 3.5 million tons of steel, it will rank 15th among national iron and steel enterprises, and Tonggang will participate in international competition at a higher level.