Xinyu Iron and Steel Group Co., Ltd. is a provincial state-owned large-scale iron and steel complex. It was renamed after Xinyu Iron and Steel Co., Ltd. integrated Hongdu Steel Works and Wushishan Iron Mine. The group company currently has one listed company——Xinyu Iron and Steel Co., Ltd., which covers an area of 26 square kilometers and has a total asset value of 45.5 billion yuan. There are 12 subsidiaries, 13 holding companies and 41 joint stock companies. By the end of December 2019, there were 26,800 registered employees and 22,400 on-the-job employees. Xinsteel Group focuses on the corporate vision of "creating a green boutique base, becoming an everlasting foundation, and sharing a prosperous steel enterprise", adheres to the scientific development concept, focuses on the adjustment of product structure, vigorously implements the boutique strategy, optimizes the product structure, and realizes developed by leaps and bounds.

After more than 60 years of development, Xinsteel has integrated steel rolling and extended processing.Owning general steel, special steel, and metal products, it has become a manufacturing enterprise integrating more than 800 varieties and more than 3,000 specifications of ore mining and dressing, steel smelting, steel structure, and chemical product series. The company's plate production capacity reaches 7 million tons per year, and the thickness must cover 0.28mm-380mm. The main equipment of Xinsteel all meets the requirements of national industrial policies, mainly including 360m2 sintering machine, 2500m3 blast furnace, and 210t top-bottom composite blown oxygen converter 105m/s high-speed wire rod 3800mm wide thick plate rolling mill and 1580mm hot coil, 1550mm cold continuous rolling, high-grade electrical steel, high-quality special steel strip and other production lines.

Based on the business philosophy of "integrity-based, mutual benefit", Xinsteel Group has won high praise from users for its excellent quality and high-quality service, and the company's market image and brand awareness have been continuously improved. The products are used in national key projects such as the National Stadium ("Bird's Nest" project), the new site of CCTV, the expansion of Beijing Capital International Airport, the Hangzhou Bay Bridge, and the Shanghai World Expo; the products are exported to more than 10 countries including the United States, South Korea, Japan, Europe, and Southeast Asia Xinsteel Group Corporation has become a long-term supplier of the world's largest shipbuilding enterprise - South Korea's Hyundai Heavy Industries.

Xinsteel Group will continue to adhere to the boutique strategy in 2020. On the basis of traditional superior products such as stable wear-resistant plates, boiler vessel plates, die molded steel plates, and high-strength ship plates, Xinsteel focuses on the research and development of high value-added products such as rare earth steel, ship plate, and high-quality non-oriented silicon steel production, fully develop the high-end steel market. At the same time, Xinsteel continues to promote intelligent manufacturing at a high level. As early as last summer, it established an intelligent manufacturing work promotion group headed by Xia Wenyong, and held monthly intelligent manufacturing promotion seminars. Financial cost accounting system, production line quality tracking system, equipment management system, whole-process "smart logistics", collaborative office system, smart access control system... Up to now, Xinsteel's multiple smart manufacturing projects have been promoted in an orderly manner with initial results. It lays a solid foundation for further improving labor productivity and improving enterprise operating efficiency.